Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Border Autocare & Tyre Services Limited
Contents
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Border Autocare & Tyre Services Limited
(Registration number: SC217592)
at 31 May 2016
Note |
2016
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2015
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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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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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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' deficit |
( |
( |
Approved by the Board on
.........................................
Mr Brian Steel
Director
.........................................
Mrs Nicola Fiona Batchelor
Director
1
Border Autocare & Tyre Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
Accounting policies |
Basis of preparation
Going concern
The company has net liabilities of £899 as at 31 May 2016. The company relies on the continued support of the director to finance the day to day working requirements.
The director considers it appropriate to prepare the Financial Statements on a going concern basis after consideration of all information available about the forseeable future (limited to one year from the date of approval of these financial statements) there is reasonable expectation that the company has adequate resources to remain in operational existance for the forseeable future.
If adoption of the going concern basis was inappropriate, adjustments could be required to write down assets to the asessment of their recoverable value, to reclassify assets as current assets and to provide for any further liabilities that may arise.
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 |
Motor Vehicles |
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Plant & Equipment |
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Office Equipment |
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Stock
Hire purchase and leasing
Financial instruments
Border Autocare & Tyre Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 June 2015 |
13,866 |
13,866 |
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Additions |
324 |
324 |
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At 31 May 2016 |
14,190 |
14,190 |
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Depreciation |
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At 1 June 2015 |
12,031 |
12,031 |
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Charge for the year |
493 |
493 |
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At 31 May 2016 |
12,524 |
12,524 |
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Net book value |
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At 31 May 2016 |
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At 31 May 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr Brian Steel |
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