MASTER CARS BLACKBURN LIMITED

Company Registration Number:
07956145 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2022

Period of accounts

Start date: 01 March 2021

End date: 28 February 2022

MASTER CARS BLACKBURN LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2022

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

MASTER CARS BLACKBURN LIMITED

Company Information

for the Period Ended 28 February 2022




Registered office: Unit 1
Daisy Street
Blackburn
BB1 5EW
Company Registration Number: 07956145 (England and Wales)

MASTER CARS BLACKBURN LIMITED

Balance sheet

As at 28 February 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 5 2,185 2,279
Total fixed assets: 2,185 2,279
Current assets
Stocks: 104,230 138,550
Debtors: 6 535 439
Cash at bank and in hand: 274,467 145,678
Total current assets: 379,232 284,667
Creditors: amounts falling due within one year: 7 ( 63,580 ) ( 36,279 )
Net current assets (liabilities): 315,652 248,388
Total assets less current liabilities: 317,837 250,667
Total net assets (liabilities): 317,837 250,667

The notes form part of these financial statements

MASTER CARS BLACKBURN LIMITED

Balance sheet continued

As at 28 February 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 317,737 250,567
Shareholders funds: 317,837 250,667

For the year ending 28 February 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Rashida Natha
Status: Director

The notes form part of these financial statements

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 6 6

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

  • 3. Off balance sheet disclosure

    No

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

4. Dividends


2022
£

2021
£
Dividends paid 10,000 10,000

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

5. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 March 2021 4,051 4,051
Additions 149 149
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2022 4,200 4,200
Depreciation
At 01 March 2021 1,772 1,772
Charge for year 243 243
On disposals - -
Other adjustments - -
At 28 February 2022 2,015 2,015
Net book value
At 28 February 2022 2,185 2,185
At 28 February 2021 2,279 2,279

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

6. Debtors


2022
£

2021
£
Prepayments and accrued income 535 439
Total 535 439

MASTER CARS BLACKBURN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

7.Creditors: amounts falling due within one year note


2022
£

2021
£
Trade creditors 12,740 6,627
Taxation and social security 40,884 22,920
Other creditors 9,956 6,732
Total 63,580 36,279