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2017-04-06 01255855 2018-04-05 01255855 2017-04-06 2018-04-05 01255855 2017-04-05 01255855 2016-04-06 2017-04-05 01255855 uk-core:WithinOneYear 2017-04-05 01255855 uk-core:WithinOneYear 2018-04-05 01255855 uk-core:ShareCapital 2018-04-05 01255855 uk-core:ShareCapital 2017-04-05 01255855 uk-core:RetainedEarningsAccumulatedLosses 2018-04-05 01255855 uk-core:RetainedEarningsAccumulatedLosses 2017-04-05 01255855 uk-bus:Director1 2017-04-06 2018-04-05 01255855 uk-core:ToolsEquipment 2017-04-06 2018-04-05 iso4217:GBP 01255855 uk-bus:AuditExemptWithAccountantsReport 2017-04-06 2018-04-05 01255855 uk-bus:FRS102 2017-04-06 2018-04-05 01255855 uk-bus:FullAccounts 2017-04-06 2018-04-05 01255855 uk-bus:PrivateLimitedCompanyLtd 2017-04-06 2018-04-05
Draft
STOCK CAR CREATIVE LTD
Registered Number:01255855
For the year ended 05 April 2018
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 05 April 2018
STOCK CAR CREATIVE LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 05 April 2018
STOCK CAR CREATIVE LTD
Statement of Financial Position
Registered Number :
01255855
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
3,621
1,911
2
3,621
1,911
Current assets
Trade and other receivables
1,687
-
3
42,562
Cash and cash equivalents
47,223
47,223
44,249
Trade and other payables: amounts falling due within one
year
(18,372)
(18,371)
4
25,877
28,852
Net current assets
Total assets less current liabilities
32,473
27,788
32,473
Net assets
27,788
Capital and reserves
Called up share capital
100
100
Retained earnings
32,373
27,688
32,473
27,788
Shareholders' funds
For the year ended 05 April 2018 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 of its financial statements for the year ended 05 April 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
ALEXANDER FLYNN Director
These financial statements were approved and authorised for issue by the Board on 15 November 2018 and were signed by:
The notes form part of these financial statements
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For the year ended 05 April 2018
STOCK CAR CREATIVE LTD
Notes to the Financial Statements
Statutory Information
STOCK CAR CREATIVE LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 01255855.
Principal place of business:
49 COLLEGE ROAD
COLLEGE TOWN
SANDHURST
BERKSHIRE
GU47 0RA
Registered address:
Unit 9 97-101 Peregrine Road
Hainault Business Park
Hainault
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
Draft
For the year ended 05 April 2018
STOCK CAR CREATIVE LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
equipment
£
Cost or
valuation
At 06 April 2017
6,096
2,349
Additions
At 05 April 2018
8,445
Provision for depreciation and impairment
At 06 April 2017
4,185
Charge for year
639
At 05 April 2018
4,824
At 05 April 2018
Net book value
3,621
At 05 April 2017
1,911
3. Trade and other receivables
2017
2018
£
£
Trade debtors
-
1,687
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Taxation and social security
6,565
6,956
Other creditors
11,806
11,416
18,371
18,372
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