Company Registration No. 08048575 (England and Wales)
M8 CAR AND VAN SERVICING LIMITED
Unaudited accounts
for the year ended 30 April 2017
M8 CAR AND VAN SERVICING LIMITED
Unaudited accounts
Contents
M8 CAR AND VAN SERVICING LIMITED
Company Information
for the year ended 30 April 2017
Directors
Linas Rakauskas
Erlandas EIningis
Company Number
08048575 (England and Wales)
Registered Office
M8 GEAR HOUSE
3/4 RAILWAY STREET GREAT BRIDGE
TIPTON
WEST MIDLANDS
DY4 7AD
M8 CAR AND VAN SERVICING LIMITED
Statement of financial position
as at
30 April 2017
Tangible assets
1,572
1,917
Cash at bank and in hand
4,226
6,150
Creditors: amounts falling due within one year
(58,182)
(60,525)
Net current liabilities
(129,406)
(54,365)
Net liabilities
(127,834)
(52,448)
Called up share capital
100
100
Profit and loss account
(127,934)
(52,548)
Shareholders' funds
(127,834)
(52,448)
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 January 2018.
Linas Rakauskas
Director
Company Registration No. 08048575
M8 CAR AND VAN SERVICING LIMITED
Notes to the Accounts
for the year ended 30 April 2017
M8 CAR AND VAN SERVICING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08048575. The registered office is M8 GEAR HOUSE, 3/4 RAILWAY STREET GREAT BRIDGE, TIPTON, WEST MIDLANDS, DY4 7AD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
M8 CAR AND VAN SERVICING LIMITED
Notes to the Accounts
for the year ended 30 April 2017
Trade debtors
(75,550)
(90)
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
(3,145)
912
Loans from directors
40,912
40,783
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).