Registered Number 02785513
ALEXANDER & MOORE CARRIAGE CO. LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
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 assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared on a going concern basis which assumes that the company will continue to operate.
The company made a loss of £1,022 during the year ended 31 March 2015 and its liabilities exceeded its assets by £168,665. The company is, therefore, dependent on the continued financial support of it's director.
The financial statements have been prepared on a going concern basis which assumes the the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continued support of the director. The financial statements do not include any adjustments that might result if financial support is not provided by the director.
On this basis the director believes it is appropriate for the financial statements to be prepared on a going concern basis.
Other accounting policies
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - Over 5 years
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 15% reducing balance
Fixtures & Fittings - 15% reducing balance
Motor Vehicles - 33% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Amortisation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
|
At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 0 |
At 31 March 2014 | 0 |
£ | |
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Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Depreciation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 5,790 |
At 31 March 2014 | 6,811 |