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REGISTERED NUMBER: 08402187 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

WE SELL ANY CAR PRIVATELY LIMITED

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WE SELL ANY CAR PRIVATELY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: P C Ireland





SECRETARY:





REGISTERED OFFICE: Windy Ridge Estate Office
Longborough
Moreton in Marsh
Gloucestershire
GL56 0QY





REGISTERED NUMBER: 08402187 (England and Wales)





ACCOUNTANTS: Devereux & Co
3 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,783 9,642

CURRENT ASSETS
Stocks 268,000 180,000
Debtors 5 3,739 2,728
Cash at bank 131,329 208,014
403,068 390,742
CREDITORS
Amounts falling due within one year 6 243,568 114,993
NET CURRENT ASSETS 159,500 275,749
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,283

285,391

CREDITORS
Amounts falling due after more than one
year

7

20,003

152,603
NET ASSETS 160,280 132,788

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 160,180 132,688
SHAREHOLDERS' FUNDS 160,280 132,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

BALANCE SHEET - continued
28 FEBRUARY 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 director and authorised for issue on 8 April 2023 and were signed by:





P C Ireland - Director


WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

We Sell Any Car Privately 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.
Plant and machinery etc - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 19,873
Additions 18,704
At 28 February 2023 38,577
DEPRECIATION
At 1 March 2022 10,231
Charge for year 7,563
At 28 February 2023 17,794
NET BOOK VALUE
At 28 February 2023 20,783
At 28 February 2022 9,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,739 2,728

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,000 7,992
Hire purchase contracts 131,757 15,855
Trade creditors 4,071 331
Taxation and social security 16,072 32,594
Other creditors 83,668 58,221
243,568 114,993

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,003 28,011
Hire purchase contracts - 124,592
20,003 152,603

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,700 (2022 - £2,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is P C Ireland.