Company Registration No. 09276032 (England and Wales)
Boss Motorcompany Ltd
Abbreviated unaudited accounts
for the year ended 31 October 2016
Boss Motorcompany Ltd
Abbreviated Balance Sheet
as at
31 October 2016
Tangible assets
575,283
567,000
Cash at bank and in hand
-
97,659
Creditors: amounts falling due within one year
(224,107)
(181,298)
Net current assets
646,990
676,444
Total assets less current liabilities
1,222,273
1,243,444
Creditors: amounts falling due after more than one year
(1,144,969)
(1,226,239)
Provisions for liabilities
(6,281)
(5,400)
Called up share capital
1
1
Profit and loss account
71,022
11,804
Total shareholders' funds
71,023
11,805
For the year ending 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 18 July 2017
S Bloch
Director
Company Registration No. 09276032
Boss Motorcompany Ltd
Notes to the Abbreviated Accounts
for the year ended 31 October 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum on cost
Fixtures & fittings
10% per annum on cost
At 1 November 2015
570,000
At 31 October 2016
582,106
Charge for the year
3,823
At 31 October 2016
575,283
At 31 October 2015
567,000
3
Share capital
2016
2015
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1