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REGISTERED NUMBER: 07986265 (England and Wales)















WYNDHAM MOTORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


WYNDHAM MOTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: R. S. H. Stephenson
Mrs. E. A. Stephenson





REGISTERED OFFICE: 33 Ivy Street
Penarth
Wales
CF64 2TY





REGISTERED NUMBER: 07986265 (England and Wales)





ACCOUNTANTS: Johns Jones & Lo Limited
Chartered Accountants & Registered Auditors
16 Lambourne Crescent
Cardiff Business Park
Llanishen
Cardiff
CF14 5GF

WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 14,066

CURRENT ASSETS
Stocks 64,975 87,027
Debtors 5 - 9,250
Cash at bank and in hand 53,332 58,759
118,307 155,036
CREDITORS
Amounts falling due within one year 6 75,811 122,116
NET CURRENT ASSETS 42,496 32,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,496

46,986

CREDITORS
Amounts falling due after more than one
year

7

(21,722

)

(33,333

)

PROVISIONS FOR LIABILITIES 9 (49 ) -
NET ASSETS 20,725 13,653

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 20,723 13,651
SHAREHOLDERS' FUNDS 20,725 13,653

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

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

WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)

BALANCE SHEET - continued
31ST MARCH 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 9th October 2023 and were signed on its behalf by:





R. S. H. Stephenson - Director


WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Wyndham Motors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on a going concern basis as the directors have indicated their willingness to provide sufficient financial support to allow legal trading to be undertaken for a period of not less than one year from the date of this report.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Motor Vehicles - 25% 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.

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.

WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022 24,514
Disposals (18,750 )
At 31st March 2023 5,764
DEPRECIATION
At 1st April 2022 10,448
Charge for year 4
Eliminated on disposal (4,688 )
At 31st March 2023 5,764
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 14,066

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 9,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 11,121 28,484
Taxation and social security 14,671 10,838
Other creditors 50,019 82,794
75,811 122,116

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 21,722 33,333

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year - 1,200

WYNDHAM MOTORS LIMITED (REGISTERED NUMBER: 07986265)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 49 -

Deferred
tax
£   
Provided during year 49
Balance at 31st March 2023 49

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
R. S. H. Stephenson
Balance outstanding at start of year (32,421 ) (54,921 )
Amounts advanced 1,000 42,500
Amounts repaid - (20,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (31,421 ) (32,421 )

11. ULTIMATE CONTROLLING PARTY

The controlling party is R. S. H. Stephenson.