WRS MOTOR FACTORS LIMITED

Company Registration Number:
08966386 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

WRS MOTOR FACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

WRS MOTOR FACTORS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 6,330 8,652
Total fixed assets: 6,330 8,652
Current assets
Stocks: 333,140 394,246
Debtors:   450,663 289,966
Cash at bank and in hand: 67,476 13,235
Total current assets: 851,279 697,447
Creditors: amounts falling due within one year:   (527,182) (486,681)
Net current assets (liabilities): 324,097 210,766
Total assets less current liabilities: 330,427 219,418
Creditors: amounts falling due after more than one year:   (52,017)
Total net assets (liabilities): 278,410 219,418
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 277,910 218,918
Shareholders funds: 278,410 219,418

The notes form part of these financial statements

WRS MOTOR FACTORS LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 September 2023
and signed on behalf of the board by:

Name: R.A. Hopkins
Status: Director

The notes form part of these financial statements

WRS MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

WRS MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

WRS MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 27,373
At 31 March 2023 27,373
Depreciation
At 01 April 2022 18,721
Charge for year 2,322
At 31 March 2023 21,043
Net book value
At 31 March 2023 6,330
At 31 March 2022 8,652