Registered Number 07076435

SPECIALIST VEHICLE SOLUTIONS LTD.

Abbreviated Accounts

31 March 2015

SPECIALIST VEHICLE SOLUTIONS LTD. Registered Number 07076435

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 54,179 47,104
54,179 47,104
Current assets
Stocks 814,504 612,853
Debtors 266,761 191,142
Cash at bank and in hand 394,566 275,613
1,475,831 1,079,608
Creditors: amounts falling due within one year (306,204) (360,706)
Net current assets (liabilities) 1,169,627 718,902
Total assets less current liabilities 1,223,806 766,006
Creditors: amounts falling due after more than one year (104,992) (96,723)
Provisions for liabilities (6,777) (5,962)
Total net assets (liabilities) 1,112,037 663,321
Capital and reserves
Called up share capital 3 200 100
Profit and loss account 1,111,837 663,221
Shareholders' funds 1,112,037 663,321
  • For the year ending 31 March 2015 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 20 November 2015

And signed on their behalf by:
S A Manning, Director

SPECIALIST VEHICLE SOLUTIONS LTD. Registered Number 07076435

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost accounting rules.

Turnover policy
The turnover represents the sale of goods and services provided, falling within the ordinary activities of the company.

Tangible assets depreciation policy
Depreciation is provided on fixed assets on a reducing balance basis at the following rates:
Plant & Equipment 10%
Fixtures & Fittings 10%
IT Equipment 25%

2Tangible fixed assets
£
Cost
At 1 April 2014 55,230
Additions 11,145
Disposals -
Revaluations -
Transfers -
At 31 March 2015 66,375
Depreciation
At 1 April 2014 8,126
Charge for the year 4,070
On disposals -
At 31 March 2015 12,196
Net book values
At 31 March 2015 54,179
At 31 March 2014 47,104
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 A Ordinary shares of £1 each (0 shares for 2014) 100 0
100 Ordinary shares of £1 each 100 100