REGISTERED NUMBER: 03011686 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

A & A Tyre Care Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C A Watson

S G Farmer

L Farmer

SECRETARY:

L Farmer

REGISTERED OFFICE:

Suite 3 Warren House

10-20 Main Road

Hockley

Essex

SS5 4QS

REGISTERED NUMBER:

03011686 (England and Wales)

ACCOUNTANTS:

Anser Solutions!

Chartered Accountants

Suite 3 Warren House

10-20 Main Road

Hockley

Essex

SS5 4QS

FIXED ASSETS

Tangible assets

2

37,802

45,060

CURRENT ASSETS

Stocks

42,197

42,853

Debtors

163,426

142,876

Cash at bank

1,100

1,100

206,723

186,829

CREDITORS

Amounts falling due within one year

3

191,579

191,041

NET CURRENT ASSETS/(LIABILITIES)

15,144

(4,212

)

TOTAL ASSETS LESS CURRENT LIABILITIES

52,946

40,848

CREDITORS

Amounts falling due after more than one year

3

11,372

17,174

NET ASSETS

41,574

23,674

CAPITAL AND RESERVES

Called up share capital

4

100

100

Share premium

1,245

1,245

Profit and loss account

40,229

22,329

SHAREHOLDERS' FUNDS

41,574

23,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 October 2016 and were signed on its behalf by:

C A Watson - Director

S G Farmer - Director

L Farmer - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company does not operate a company pension scheme but does make employer contributions into personal

pension schemes of the directors and employees. Contributions are charged to the profit and loss account

according to the period in which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

97,418

Additions

9,331

Disposals

(7,000

)

At 31 January 2016

99,749

DEPRECIATION

At 1 February 2015

52,358

Charge for year

11,247

Eliminated on disposal

(1,658

)

At 31 January 2016

61,947

NET BOOK VALUE

At 31 January 2016

37,802

At 31 January 2015

45,060

3.

CREDITORS

Creditors include an amount of £ 44,256 (31.1.15 - £ 35,323 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

100

Ordinary shares of £1 each

£1

100

100