Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
B & R Cars Limited
Contents
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B & R Cars Limited
(Registration number: 1670835)
Abbreviated Balance Sheet at 30 September 2015
Note |
2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
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Shareholders' deficit |
( |
( |
Approved by the Board on
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Mr B Souten
Director
1
B & R Cars Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
There has been a reduction in the profitability of the company in recent years, due to difficult economic trading conditions. The directors are not aware of any reason why the current borrowing facilities will not be available next year. As a result, they have adopted the going concern basis of accounting.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Motor Vehicles |
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Fixtures and Fittings |
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Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 October 2014 |
19,832 |
19,832 |
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Additions |
1,400 |
1,400 |
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At 30 September 2015 |
21,232 |
21,232 |
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Depreciation |
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At 1 October 2014 |
17,563 |
17,563 |
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Charge for the year |
848 |
848 |
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At 30 September 2015 |
18,411 |
18,411 |
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Net book value |
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At 30 September 2015 |
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At 30 September 2014 |
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B & R Cars Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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