back to WALMER (ADAMSON) MOTORS LIMITED detail WALMER (ADAMSON) MOTORS LIMITED

WALMER (ADAMSON) MOTORS LIMITED

Company Registration Number:
01237672 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

WALMER (ADAMSON) MOTORS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

WALMER (ADAMSON) MOTORS LIMITED

Balance sheet

As at 30 September 2017


Notes

2017

2016


£

£
Fixed assets
Tangible assets: 3 124,250 129,231
Total fixed assets: 124,250 129,231
Current assets
Stocks: 578,177 518,209
Debtors:   210,469 229,324
Cash at bank and in hand: 8,015 8,015
Total current assets: 796,661 755,548
Creditors: amounts falling due within one year:   (725,366) (610,455)
Net current assets (liabilities): 71,295 145,093
Total assets less current liabilities: 195,545 274,324
Creditors: amounts falling due after more than one year:   (23,958) (33,077)
Total net assets (liabilities): 171,587 241,247
Capital and reserves
Called up share capital: 20,200 20,000
Profit and loss account: 151,387 221,247
Shareholders funds: 171,587 241,247

The notes form part of these financial statements

WALMER (ADAMSON) MOTORS LIMITED

Balance sheet statements

For the year ending 30 September 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 June 2018
and signed on behalf of the board by:

Name: R Adamson
Status: Director

The notes form part of these financial statements

WALMER (ADAMSON) MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WALMER (ADAMSON) MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Employees

2017 2016
Average number of employees during the period 13 13

WALMER (ADAMSON) MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Tangible Assets

Total
Cost £
At 01 October 2016 249,742
Additions 2,041
At 30 September 2017 251,783
Depreciation
At 01 October 2016 120,511
Charge for year 7,022
At 30 September 2017 127,533
Net book value
At 30 September 2017 124,250
At 30 September 2016 129,231