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REGISTERED NUMBER: 09229028 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Find My Car Enterprises Ltd
Trading as
Find My Car Enterprises ltd

Find My Car Enterprises Ltd (Registered number: 09229028)
Trading as Find My Car Enterprises ltd






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Find My Car Enterprises Ltd
Trading as Find My Car Enterprises ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: K A Cole
J C Ellis
C Moran





REGISTERED OFFICE: Townend Garage
Wakefield Road
Ossett
West Yorkshire
WF5 9JY





REGISTERED NUMBER: 09229028 (England and Wales)





ACCOUNTANTS: The Sanders Partnership
Chartered Accountants
19 King Street
The Civic Quarter
Wakefield
West Yorkshire
WF1 2SQ

Find My Car Enterprises Ltd (Registered number: 09229028)
Trading as Find My Car Enterprises ltd

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,231 50,132

CURRENT ASSETS
Debtors 5 49,490 62,775

CREDITORS
Amounts falling due within one year 6 68,517 41,651
NET CURRENT (LIABILITIES)/ASSETS (19,027 ) 21,124
TOTAL ASSETS LESS CURRENT LIABILITIES 12,204 71,256

CREDITORS
Amounts falling due after more than one year 7 - (54,079 )

PROVISIONS FOR LIABILITIES (5,934 ) (9,525 )
NET ASSETS 6,270 7,652

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,170 7,552
6,270 7,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 15 August 2023 and were signed on its behalf by:





J C Ellis - Director


Find My Car Enterprises Ltd (Registered number: 09229028)
Trading as Find My Car Enterprises ltd

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Find My Car Enterprises 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.

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 - 25% on cost
Motor vehicles - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are only set up where it is probable that a present obligation exists as a result of an event prior to the balance sheet and that a payment will be required in settlement that can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

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

Find My Car Enterprises Ltd (Registered number: 09229028)
Trading as Find My Car Enterprises ltd

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 February 2022 5,850 79,523 85,373
Disposals - (15,840 ) (15,840 )
At 31 January 2023 5,850 63,683 69,533
DEPRECIATION
At 1 February 2022 2,423 32,818 35,241
Charge for year 1,177 5,114 6,291
Eliminated on disposal - (3,230 ) (3,230 )
At 31 January 2023 3,600 34,702 38,302
NET BOOK VALUE
At 31 January 2023 2,250 28,981 31,231
At 31 January 2022 3,427 46,705 50,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 398 4,447
Other debtors 12,449 20,420
Directors' current accounts 36,198 37,908
VAT 445 -
49,490 62,775

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,720 1,312
Hire purchase contracts 42,353 12,585
Trade creditors 381 2,127
Tax 10,025 10,553
Social security and other taxes - 175
Pension liability - 46
Wages control - 1,651
VAT - 145
Other creditors 12,510 12,510
Accrued expenses 528 547
68,517 41,651

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 54,079

Find My Car Enterprises Ltd (Registered number: 09229028)
Trading as Find My Car Enterprises ltd

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
K A Cole
Balance outstanding at start of year 19,311 13,193
Amounts advanced 483 17,118
Amounts repaid - (11,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,794 19,311

J C Ellis
Balance outstanding at start of year 18,596 31,912
Amounts advanced 432 12,308
Amounts repaid (2,624 ) (25,624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,404 18,596

The loans are repayable on demand. Interest of 2.5% has been charged on these loans.

9. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard.