Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
R.A.G. Motor Services Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
R.A.G. Motor Services Ltd
for the Year Ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of R.A.G. Motor Services Ltd for the year ended 31 March 2015 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.
It is your duty to ensure that R.A.G. Motor Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R.A.G. Motor Services Ltd. You consider that R.A.G. Motor Services Ltd is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the accounts of R.A.G. Motor Services Ltd . For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory accounts.
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Julie Black Accountancy Ltd
Tradmark House
Suite 7 Ash Park
Hyssop Close
Cannock
Staffs
WS11 7XA
1 July 2015
R.A.G. Motor Services Ltd
(Registration number: 04489628)
Abbreviated Balance Sheet at 31 March 2015
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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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Stocks |
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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 assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
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Provisions for liabilities |
( |
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Net assets |
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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' funds |
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For the year ending 31 March 2015 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.
Approved by the director on
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Mr Richard Goodenough
Director
2
R.A.G. Motor Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Accounting policies |
Basis of preparation
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 |
Plant and machinery |
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Motor vehicles |
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Office equipment |
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Stock
Deferred tax
Hire purchase and leasing
R.A.G. Motor Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 April 2014 |
20,375 |
20,375 |
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Additions |
3,649 |
3,649 |
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At 31 March 2015 |
24,024 |
24,024 |
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Depreciation |
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At 1 April 2014 |
10,162 |
10,162 |
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Charge for the year |
3,540 |
3,540 |
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At 31 March 2015 |
13,702 |
13,702 |
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Net book value |
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At 31 March 2015 |
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At 31 March 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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