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Company Registration No. 08396817 (England and Wales)
Salford Car Breakers Ltd Unaudited accounts for the year ended 31 March 2018
Salford Car Breakers Ltd Unaudited accounts Contents
Page
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Salford Car Breakers Ltd Company Information for the year ended 31 March 2018
Director
Mr Mohamed Reza Bakhshi
Company Number
08396817 (England and Wales)
Registered Office
MEHAN ACCOUNTNTS 447 HIGH ROAD FINCHLEY LONDON N12 0AF
Accountants
Mehan Accountants 447 High Road Finchley London N12 0AF
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Salford Car Breakers Ltd Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Current assets
Inventories
30,000 
40,000 
Cash at bank and in hand
8,367 
9,948 
38,367 
49,948 
Creditors: amounts falling due within one year
(26,265)
(59,645)
Net current assets/(liabilities)
12,102 
(9,697)
Net assets/(liabilities)
12,102 
(9,697)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
11,102 
(10,697)
Shareholders' funds
12,102 
(9,697)
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 November 2018.
Mr Mohamed Reza Bakhshi Director Company Registration No. 08396817
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Salford Car Breakers Ltd Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
Salford Car Breakers Ltd is a private company, limited by shares, registered in England and Wales, registration number 08396817. The registered office is MEHAN ACCOUNTNTS 447 HIGH ROAD, FINCHLEY, LONDON, N12 0AF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Inventories
2018 
2017 
£ 
£ 
Finished goods
30,000 
40,000 
30,000 
40,000 
5
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Trade creditors
- 
48,568 
Taxes and social security
16,358 
- 
Other creditors
- 
11,077 
Loans from directors
9,907 
- 
26,265 
59,645 
6
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).
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