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Registered Number 01237672

WALMER (ADAMSON) MOTORS LIMITED

Abbreviated Accounts

30 September 2016

WALMER (ADAMSON) MOTORS LIMITED Registered Number 01237672

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 129,231 140,333
129,231 140,333
Current assets
Stocks 518,209 653,088
Debtors 229,324 178,918
Cash at bank and in hand 8,015 8,015
755,548 840,021
Creditors: amounts falling due within one year (610,455) (645,601)
Net current assets (liabilities) 145,093 194,420
Total assets less current liabilities 274,324 334,753
Creditors: amounts falling due after more than one year (33,077) (40,116)
Total net assets (liabilities) 241,247 294,637
Capital and reserves
Called up share capital 20,000 20,000
Profit and loss account 221,247 274,637
Shareholders' funds 241,247 294,637
  • For the year ending 30 September 2016 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 4 April 2017

And signed on their behalf by:
R Adamson, Director

WALMER (ADAMSON) MOTORS LIMITED Registered Number 01237672

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 October 2015 275,650
Additions -
Disposals (25,909)
Revaluations -
Transfers -
At 30 September 2016 249,741
Depreciation
At 1 October 2015 135,317
Charge for the year 7,903
On disposals (22,710)
At 30 September 2016 120,510
Net book values
At 30 September 2016 129,231
At 30 September 2015 140,333