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REGISTERED NUMBER: 10547598 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

CVR AUTOMOTIVE LIMITED

CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CVR AUTOMOTIVE LIMITED

Company Information
for the Year Ended 31 January 2023







DIRECTOR: T Chapman





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 10547598 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,261 43,165

CURRENT ASSETS
Stocks 31,000 27,478
Debtors 5 126,462 155,965
Cash at bank and in hand 9,146 6,177
166,608 189,620
CREDITORS
Amounts falling due within one year 6 182,515 114,300
NET CURRENT (LIABILITIES)/ASSETS (15,907 ) 75,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,354

118,485

CREDITORS
Amounts falling due after more than one year 7 41,962 78,348
NET (LIABILITIES)/ASSETS (11,608 ) 40,137

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,708 ) 40,037
SHAREHOLDERS' FUNDS (11,608 ) 40,137

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 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.

CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

Balance Sheet - continued
31 January 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 25 September 2023 and were signed by:





T Chapman - Director


CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

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


1. STATUTORY INFORMATION

Cvr Automotive 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 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.

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.

CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 121,465
Additions 18,515
At 31 January 2023 139,980
DEPRECIATION
At 1 February 2022 78,300
Charge for year 15,419
At 31 January 2023 93,719
NET BOOK VALUE
At 31 January 2023 46,261
At 31 January 2022 43,165

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 44,412 51,201
Other debtors 82,050 104,764
126,462 155,965

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 25,420 22,249
Trade creditors 59,980 43,377
Taxation and social security 18,645 36,882
Other creditors 78,470 11,792
182,515 114,300

CVR AUTOMOTIVE LIMITED (REGISTERED NUMBER: 10547598)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 40,741 46,296
Other creditors 1,221 32,052
41,962 78,348