Auto Umbau Limited - Limited company - abbreviated

REGISTERED NUMBER: 07000021 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Auto Umbau Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr R McKenzie

REGISTERED OFFICE:

Unit 47B

Wrest Park

Silsoe

Bedford

Bedfordshire

MK45 4HS

REGISTERED NUMBER:

07000021 (England and Wales)

ACCOUNTANTS:

Michael J. Emery & Co Limited

Chartered Accountants

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

FIXED ASSETS

Intangible assets

2

2,212

2,342

Tangible assets

3

37,822

34,538

Investments

4

2

40,036

36,882

CURRENT ASSETS

Stocks

26,837

52,213

Debtors

111,880

89,014

Cash at bank and in hand

2,430

256

141,147

141,483

CREDITORS

Amounts falling due within one year

52,686

83,395

NET CURRENT ASSETS

88,461

58,088

TOTAL ASSETS LESS CURRENT
LIABILITIES

128,497

94,970

CREDITORS

Amounts falling due after more than one
year

216,011

248,802

NET LIABILITIES

(87,514

)

(153,832

)

CAPITAL AND RESERVES

Called up share capital

5

1,000

Profit and loss account

(88,514

)

(154,832

)

SHAREHOLDERS' FUNDS

(87,514

)

(153,832

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18 December 2015 and were signed by:

Mr R McKenzie - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, adjusted for work in progress

partially completed at selling price.

Patents and licences

The patent is being amortised over it's estimated useful life of 20 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

20% on cost

Computer equipment

-

at varying rates on cost

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.

Going concern

The financial statements have been prepared on the going concern basis. The validity of this is dependent upon

the continued financial support of the company's director and Woodway Limited.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,602

AMORTISATION

At 1 April 2014

260

Amortisation for year

130

At 31 March 2015

390

NET BOOK VALUE

At 31 March 2015

2,212

At 31 March 2014

2,342

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

85,322

Additions

12,428

Disposals

(2,950

)

At 31 March 2015

94,800

DEPRECIATION

At 1 April 2014

50,784

Charge for year

8,677

Eliminated on disposal

(2,483

)

At 31 March 2015

56,978

NET BOOK VALUE

At 31 March 2015

37,822

At 31 March 2014

34,538

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

and 31 March 2015

2

NET BOOK VALUE

At 31 March 2015

2

At 31 March 2014

2

The company's investments at the balance sheet date in the share capital of companies include the following:

Antenna Products Limited

Nature of business: Distributing antennas.

%

Class of shares:

holding

Ordinary

66.67

31.3.15

31.3.14

£

Aggregate capital and reserves

(12,269

)

(10,610

)

Loss for the year

(1,659

)

(1,424

)

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

1,000

Ordinary

£1

1,000

6.	ULTIMATE PARENT COMPANY

RTD Engineering Limited is regarded by the director as being the company's ultimate parent company.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R McKenzie.