Company registration number:
Year Ended
Scammell Commercial Limited
Contents
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Scammell Commercial Limited
(Company registration number: 04266752)
Abbreviated Balance Sheet
31 August 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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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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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' funds |
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The notes on
pages
3
to
5
form an integral part of these financial statements.
Page 1
Scammell Commercial Limited
(Company registration number: 04266752)
Abbreviated Balance Sheet
31 August 2016......... continued
Approved by the Board on
......................................... |
The notes on
pages
3
to
5
form an integral part of these financial statements.
Page 2
Scammell Commercial Limited
Notes to the Abbreviated Accounts
Year Ended 31 August 2016......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is calculated so as to write off the cost of an asset , less its estimated residual value , over the useful economic life of that asset as follows :Motor Vehicle depreciation has been amended to 25% on cost to reflect a more accurate written down value of the asset .
Asset class |
Depreciation method and rate |
Plant and machinery |
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Motor vehicles |
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Equipment |
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Stock and work in progress
Deferred tax
Hire purchase and leasing
Scammell Commercial Limited
Notes to the Abbreviated Accounts
Year Ended 31 August 2016......... continued
Financial instruments
Pensions
Scammell Commercial Limited
Notes to the Abbreviated Accounts
Year Ended 31 August 2016......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 September 2015 |
2,272,321 |
2,272,321 |
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Additions |
1,344,504 |
1,344,504 |
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Disposals |
(277,399) |
(277,399) |
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At 31 August 2016 |
3,339,426 |
3,339,426 |
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Depreciation |
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At 1 September 2015 |
806,633 |
806,633 |
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Charge for the year |
643,637 |
643,637 |
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Eliminated on disposals |
(138,579) |
(138,579) |
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At 31 August 2016 |
1,311,691 |
1,311,691 |
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Net book value |
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At 31 August 2016 |
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At 31 August 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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