Registered Number 05160152
LIGHT OAKS CAR SALES LIMITED
Abbreviated Accounts
5 April 2015
Notes | 2015 | 2014 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|
||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK
Tangible assets depreciation policy
over it's expected useful life, as follows:
Fixtures, fittings & equipment - 15% reducing balance
Other accounting policies
Operating (loss)/profit is stated after charging:
Depreciation and other amounts written off tangible assets
Loss on disposal of tangible fixed assets
£ | |
---|---|
Cost | |
At 6 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 5 April 2015 |
|
Depreciation | |
At 6 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 5 April 2015 |
|
Net book values | |
At 5 April 2015 | 911 |
At 5 April 2014 | 1,214 |