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REGISTERED NUMBER: 09016434 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Eastern Garage Car Sales Limited

Eastern Garage Car Sales Limited (Registered number: 09016434)






Contents of the Financial Statements
for the year ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eastern Garage Car Sales Limited

Company Information
for the year ended 30 April 2023







DIRECTORS: Mr K Eva
Mr M Eva





REGISTERED OFFICE: Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU





REGISTERED NUMBER: 09016434 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Eastern Garage Car Sales Limited (Registered number: 09016434)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,480 40,165

CURRENT ASSETS
Stocks 5 159,336 135,943
Debtors 6 - 21,000
Cash at bank and in hand 913 1,628
160,249 158,571
CREDITORS
Amounts falling due within one year 7 84,612 83,941
NET CURRENT ASSETS 75,637 74,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,117

114,795

CREDITORS
Amounts falling due after more than one
year

8

30,833

39,916
NET ASSETS 78,284 74,879

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,184 74,779
SHAREHOLDERS' FUNDS 78,284 74,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Eastern Garage Car Sales Limited (Registered number: 09016434)

Balance Sheet - continued
30 April 2023


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

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 6 October 2023 and were signed on its behalf by:





Mr K Eva - Director


Eastern Garage Car Sales Limited (Registered number: 09016434)

Notes to the Financial Statements
for the year ended 30 April 2023

1. STATUTORY INFORMATION

Eastern Garage Car Sales Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

Eastern Garage Car Sales Limited (Registered number: 09016434)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 26,850 10,750 20,000 57,600
DEPRECIATION
At 1 May 2022 2,685 10,750 4,000 17,435
Charge for year 2,685 - 4,000 6,685
At 30 April 2023 5,370 10,750 8,000 24,120
NET BOOK VALUE
At 30 April 2023 21,480 - 12,000 33,480
At 30 April 2022 24,165 - 16,000 40,165

5. STOCKS
2023 2022
£    £   
Stocks 159,336 135,943

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 21,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,004 8,907
Other loans - 14,843
Trade creditors 1 (1 )
Tax 2,367 2,598
Social security and other taxes - (135 )
VAT 619 5,082
Directors' current accounts 78,021 52,047
Accrued expenses 600 600
84,612 83,941

Eastern Garage Car Sales Limited (Registered number: 09016434)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 2-5 years 30,833 39,916