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REGISTERED NUMBER: 13806932 (England and Wales)















Unaudited Financial Statements

for the Period 17 December 2021 to 31 December 2022

for

Oswalds Cars Ltd

Oswalds Cars Ltd (Registered number: 13806932)






Contents of the Financial Statements
for the Period 17 December 2021 to 31 December 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Oswalds Cars Ltd

Company Information
for the Period 17 December 2021 to 31 December 2022







DIRECTORS: S Hill
Mrs A M Owen





SECRETARY: J M Trafene





REGISTERED OFFICE: Elmsdale
Weston Lane
Oswestry
Shropshire
SY11 2BB





REGISTERED NUMBER: 13806932 (England and Wales)






Oswalds Cars Ltd (Registered number: 13806932)

Abridged Balance Sheet
31 December 2022

Notes £    £   
FIXED ASSETS
Intangible assets 4 5,248
Tangible assets 5 39,240
44,488

CURRENT ASSETS
Debtors 4,102
Cash at bank 7,868
11,970
CREDITORS
Amounts falling due within one year 58,985
NET CURRENT LIABILITIES (47,015 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,527

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (2,528 )
(2,527 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Oswalds Cars Ltd (Registered number: 13806932)

Abridged Balance Sheet - continued
31 December 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by:





S Hill - Director


Oswalds Cars Ltd (Registered number: 13806932)

Notes to the Financial Statements
for the Period 17 December 2021 to 31 December 2022

1. STATUTORY INFORMATION

Oswalds Cars Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Oswalds Cars Ltd (Registered number: 13806932)

Notes to the Financial Statements - continued
for the Period 17 December 2021 to 31 December 2022

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 6,440
At 31 December 2022 6,440
AMORTISATION
Amortisation for period 1,192
At 31 December 2022 1,192
NET BOOK VALUE

At 31 December 2022 5,248

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 45,700
At 31 December 2022 45,700
DEPRECIATION
Charge for period 6,460
At 31 December 2022 6,460
NET BOOK VALUE
At 31 December 2022 39,240