Accounts


	A & A MOTORS LIMITED


	ABBREVIATED UNAUDITED ACCOUNTS


	FOR THE YEAR ENDED 31 MARCH 2016
























	INDEX TO THE ACCOUNTS



	Pages

	1	Abbreviated Balance Sheet

	2-4	Notes to the Abbreviated Accounts

A & A MOTORS LIMITED
Company registered number: 05385536
ABBREVIATED BALANCE SHEET
AT 31 March 2016

	Note		2016	2015
		£	£	£
FIXED ASSETS
Intangible assets	2		10,000	10,000
Tangible Assets	3		2,390	1,137
			12,390	11,137

CURRENT ASSETS
Stock	1d	7,738		3,975
Debtors falling due within one year		1,191		469
Cash at bank and in hand		179		677
		9,108		5,121
CREDITORS: Amounts falling due within one year		27,705		23,106
NET CURRENT LIABILITIES			(18,597)	(17,985)
NET LIABILITIES			(£6,207)	(£6,848)

CAPITAL AND RESERVES
Called up share capital	4		2	2
Profit and loss account			(6,209)	(6,850)
SHAREHOLDERS' FUNDS			(£6,207)	(£6,848)


	In approving these financial statements as directors of the company we hereby confirm the following:
	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	Directors' responsibilities:
	1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
	2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

	The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

	These abbreviated accounts were approved by the board of directors on 06 December 2016



	A Heath, Director

	The notes on pages 2 to 4 form part of these accounts
	page 1

	NOTES TO THE ABBREVIATED ACCOUNTS
	FOR THE YEAR ENDED 31 MARCH 2016



1a.	Basis of accounting

	The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).



1b.	Intangible fixed assets: research and development

	Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.



1c.	Tangible fixed assets

	Fixed assets are shown at historical cost.

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.


	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%



1d.	Stocks

	Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.



1e.	Taxation

	Corporation tax payable is provided on taxable profits at the current rate.



1f.	Turnover

	Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.

	page 2

	A & A MOTORS LIMITED
	NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2016



4.	SHARE CAPITAL	2016	2015
		£	£
	Allotted, issued and fully paid:

	2 Ordinary shares of £1 each	£2	£2



5.	ULTIMATE PARENT COMPANY

	The company is a subsidiary undertaking of ... incorporated in ... registered in England and Wales.

	page 3

	A & A MOTORS LIMITED
	NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2016



6.	RELATED PARTIES

	Directors' loans (eg debtors)
	Directors' material interests (eg tranactions with directors)
	Controlling parties.

page 4