Allbikes (Surrey) Limited
|
Registered number: |
07975851
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
2,000 |
|
|
4,000 |
Tangible assets |
3 |
|
|
2,818 |
|
|
325 |
|
|
|
|
4,818 |
|
|
4,325 |
|
Current assets |
Stocks |
|
|
7,600 |
|
|
9,188 |
Debtors |
|
|
24,670 |
|
|
25,163 |
Cash at bank and in hand |
|
|
866 |
|
|
806 |
|
|
|
33,136 |
|
|
35,157 |
|
Creditors: amounts falling due within one year |
|
|
(53,658) |
|
|
(68,944) |
|
Net current liabilities |
|
|
|
(20,522) |
|
|
(33,787) |
|
Net liabilities |
|
|
|
(15,704) |
|
|
(29,462) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
3 |
|
|
3 |
Profit and loss account |
|
|
|
(15,707) |
|
|
(29,465) |
|
Shareholder's funds |
|
|
|
(15,704) |
|
|
(29,462) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
N Aliano |
Director |
Approved by the board on 14 December 2016
|
|
Allbikes (Surrey) Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
25% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
10,000 |
|
At 31 March 2016 |
10,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
6,000 |
|
Provided during the year |
2,000 |
|
At 31 March 2016 |
8,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
2,000 |
|
At 31 March 2015 |
4,000 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
1,300 |
|
Additions |
3,758 |
|
At 31 March 2016 |
5,058 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
975 |
|
Charge for the year |
1,265 |
|
At 31 March 2016 |
2,240 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
2,818 |
|
At 31 March 2015 |
325 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
3 |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|