Company Registration No. 13003050 (England and Wales)
Aryan Garages Ltd
Unaudited accounts
for the year ended 31 March 2022
Aryan Garages Ltd
Unaudited accounts
Contents
Aryan Garages Ltd
Company Information
for the year ended 31 March 2022
Director
Mr Farhang Arabpour
Company Number
13003050 (England and Wales)
Registered Office
CENTRAL AVENUE SERVICE STATION
CENTRAL AVENUE
NUNEATON
CV11 5BD
UNITED KINGDOM
Accountants
Harry Mitchous & Co
286 Hagley Road West
Oldbury
West Midlands
B68 0NR
Aryan Garages Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
69,259
68,776
Cash at bank and in hand
238,662
197,491
Creditors: amounts falling due within one year
(176,197)
(190,055)
Net current assets
121,965
52,436
Total assets less current liabilities
191,224
121,212
Creditors: amounts falling due after more than one year
(82,539)
(100,000)
Called up share capital
1
1
Profit and loss account
108,684
21,211
Shareholders' funds
108,685
21,212
For the year ending 31 March 2022 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.
The financial statements were approved by the Board and authorised for issue on 20 August 2022 and were signed on its behalf by
Mr Farhang Arabpour
Director
Company Registration No. 13003050
Aryan Garages Ltd
Notes to the Accounts
for the year ended 31 March 2022
Aryan Garages Ltd is a private company, limited by shares, registered in England and Wales, registration number 13003050. The registered office is CENTRAL AVENUE SERVICE STATION, CENTRAL AVENUE, NUNEATON, CV11 5BD, UNITED KINGDOM.
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.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2021
67,801
1,000
68,801
At 31 March 2022
67,801
1,645
69,446
Charge for the year
-
162
162
At 31 March 2022
-
187
187
At 31 March 2022
67,801
1,458
69,259
At 31 March 2021
67,801
975
68,776
Aryan Garages Ltd
Notes to the Accounts
for the year ended 31 March 2022
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
114,021
66,442
Taxes and social security
23,915
6,757
Other creditors
260
25,712
Loans from directors
11,788
79,096
6
Creditors: amounts falling due after more than one year
2022
2021
7
Average number of employees
During the year the average number of employees was 15 (2021: 8).