Registered Number 04571780

AUTO POWER (UK) LIMITED

Abbreviated Accounts

31 October 2016

AUTO POWER (UK) LIMITED Registered Number 04571780

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,009 4,717
4,009 4,717
Current assets
Stocks 85,843 69,123
Debtors 2,063 1,136
Cash at bank and in hand 17,765 18,377
105,671 88,636
Creditors: amounts falling due within one year (53,025) (40,148)
Net current assets (liabilities) 52,646 48,488
Total assets less current liabilities 56,655 53,205
Total net assets (liabilities) 56,655 53,205
Capital and reserves
Called up share capital 100 100
Profit and loss account 56,555 53,105
Shareholders' funds 56,655 53,205
  • For the year ending 31 October 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 17 November 2016

And signed on their behalf by:
Mr Yiakoumis Demetri, Director

AUTO POWER (UK) LIMITED Registered Number 04571780

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant & Machinery 15% Straight Line

2Tangible fixed assets
£
Cost
At 1 November 2015 10,779
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 10,779
Depreciation
At 1 November 2015 6,062
Charge for the year 708
On disposals -
At 31 October 2016 6,770
Net book values
At 31 October 2016 4,009
At 31 October 2015 4,717