REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
NIGEL OGLETHORPE AUTO SERVICES LTD |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
NIGEL OGLETHORPE AUTO SERVICES LTD |
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
|
|
|
NIGEL OGLETHORPE AUTO SERVICES LTD (REGISTERED NUMBER: 05656144) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 | to | 4 |
NIGEL OGLETHORPE AUTO SERVICES LTD |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
NIGEL OGLETHORPE AUTO SERVICES LTD (REGISTERED NUMBER: 05656144) |
|
ABBREVIATED BALANCE SHEET |
31ST DECEMBER 2015 |
|
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
NIGEL OGLETHORPE AUTO SERVICES LTD (REGISTERED NUMBER: 05656144) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
|
Tangible fixed assets |
|
|
Plant and machinery etc | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's |
pension scheme are charged to the profit and loss account in the period to which they relate. |
|
Going concern |
At the balance sheet date, the company's liabilities exceeded it's assets. The company has received |
assurance from the directors that they will continue to give financial support to the company for twelve months |
from the date of signing these financial statements. |
|
On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. |
However, should the financial support mentioned above not be forthcoming, the going concern used in |
preparing the company's accounts may be invalid and adjustments would have to be made to reduce the |
value of assets to their realisable amount and to provide for any further liabilities which might arise. The |
accounts do not include any adjustment to the company's assets or liabilities that might be necessary should |
this basis not continue to be appropriate. |
NIGEL OGLETHORPE AUTO SERVICES LTD (REGISTERED NUMBER: 05656144) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2015 |
|
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st January 2015 |
|
Additions |
|
Disposals | ( |
) |
At 31st December 2015 |
|
DEPRECIATION |
At 1st January 2015 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 31st December 2015 |
|
NET BOOK VALUE |
At 31st December 2015 |
|
At 31st December 2014 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
|
Ordinary | £1 |
|
|