Lauderdale Coaches Ltd
|
Registered number: |
SC410167
|
Abbreviated Balance Sheet |
as at 31 October 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
2,100 |
|
|
4,200 |
Tangible assets |
3 |
|
|
136,560 |
|
|
63,175 |
|
|
|
|
138,660 |
|
|
67,375 |
|
Current assets |
Cash at bank and in hand |
|
|
- |
|
|
33,428 |
|
Creditors: amounts falling due within one year |
|
|
(71,196) |
|
|
(91,504) |
|
Net current liabilities |
|
|
|
(71,196) |
|
|
(58,076) |
|
Total assets less current liabilities |
|
|
|
67,464 |
|
|
9,299 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(98,148) |
|
|
(9,152) |
|
|
|
Net (liabilities)/assets |
|
|
|
(30,684) |
|
|
147 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
(30,686) |
|
|
145 |
|
Shareholders' funds |
|
|
|
(30,684) |
|
|
147 |
|
|
|
|
|
|
|
|
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.
|
Members have 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.
|
|
|
|
Stuart Todd |
Director |
Approved by the board on 20 January 2016
|
|
Lauderdale Coaches Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 October 2015
|
|
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 April 2008).
|
|
|
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 |
25% reducing balance
|
|
Motor vehicles |
25% reducing balance
|
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2014 |
10,500 |
|
At 31 October 2015 |
10,500 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 November 2014 |
6,300 |
|
Provided during the year |
2,100 |
|
At 31 October 2015 |
8,400 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2015 |
2,100 |
|
At 31 October 2014 |
4,200 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2014 |
114,974 |
|
Additions |
140,572 |
|
Disposals |
(48,150) |
|
At 31 October 2015 |
207,396 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2014 |
51,799 |
|
Charge for the year |
45,520 |
|
On disposals |
(26,483) |
|
At 31 October 2015 |
70,836 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2015 |
136,560 |
|
At 31 October 2014 |
63,175 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|