Company Registration No. 11631653 (England and Wales)
SMART FIX MOTORCYCLES LTD
Unaudited accounts
for the year ended 31 October 2020
SMART FIX MOTORCYCLES LTD
Unaudited accounts
Contents
SMART FIX MOTORCYCLES LTD
Company Information
for the year ended 31 October 2020
Company Number
11631653 (England and Wales)
Registered Office
UNIT 5 MELROSE CLOSE
SWANSEA ENTERPRISE PARK
SWANSEA
SA6 8QE
WALES
Accountants
COUNTRYWIDE TAX RETURNS LIMITED
107 TRALLWN ROAD
LLANSAMLET
SWANSEA
SA7 9UU
SMART FIX MOTORCYCLES LTD
Statement of financial position
as at
31 October 2020
Cash at bank and in hand
1,269
Creditors: amounts falling due within one year
(12,953)
Profit and loss account
815
For the year ending 31 October 2020 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 March 2021 and were signed on its behalf by
PAUL BARNES
Director
Company Registration No. 11631653
SMART FIX MOTORCYCLES LTD
Notes to the Accounts
for the year ended 31 October 2020
SMART FIX MOTORCYCLES LTD is a private company, limited by shares, registered in England and Wales, registration number 11631653. The registered office is UNIT 5 MELROSE CLOSE, SWANSEA ENTERPRISE PARK, SWANSEA, SA6 8QE, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
3 Years Reducing balance
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
5
Creditors: amounts falling due within one year
2020
Loans from directors
12,687
SMART FIX MOTORCYCLES LTD
Notes to the Accounts
for the year ended 31 October 2020
6
Average number of employees
During the year the average number of employees was 0.