EASTFIELD GARAGE LIMITED

Company Registration Number:
02792334 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

EASTFIELD GARAGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

EASTFIELD GARAGE LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Royston Hunt
Registered office: 2
East Field Road
Western Park
Leicester.
LE3 6FD
Company Registration Number: 02792334 (England and Wales)

EASTFIELD GARAGE LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

Principle Activities The company is engaged in the business to provide servicing and maintenance to motor vehicles.

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Royston Hunt

This report was approved by the board of directors on 23 August 2023
And Signed On Behalf Of The Board By:

Name: Royston Hunt
Status: Director

EASTFIELD GARAGE LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 4,068 4,693
Total fixed assets: 4,068 4,693
Current assets
Debtors: 5 186 104
Cash at bank and in hand: 5,896 10,185
Total current assets: 6,082 10,289
Prepayments and accrued income: 1,997 1,997
Creditors: amounts falling due within one year: 6 ( 15,286 ) ( 15,779 )
Net current assets (liabilities): ( 7,207 ) ( 3,493 )
Total assets less current liabilities: ( 3,139 ) 1,200
Total net assets (liabilities): ( 3,139 ) 1,200

The notes form part of these financial statements

EASTFIELD GARAGE LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 3,239 ) 1,100
Shareholders funds: ( 3,139 ) 1,200

For the year ending 31 January 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 August 2023
And Signed On Behalf Of The Board By:

Name: Royston Hunt
Status: Director

The notes form part of these financial statements

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover:
    Turnover represents amounts invoiced by the company in respect of goods
    and services provided during the year.

    Tangible fixed assets depreciation policy

    Depreciation
    Depreciation is calculated so as to write down to estimated residual value, the
    cost of tangible fixed assests over their estimated useful lives as follows:

    Fixtures and fittings - 15% per annum reducing balance method
    Motor vehicles - 15% per annum on cost.

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 February 2022 7,503 7,503
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 7,503 7,503
Depreciation
At 01 February 2022 2,810 2,810
Charge for year 625 625
On disposals - -
Other adjustments - -
At 31 January 2023 3,435 3,435
Net book value
At 31 January 2023 4,068 4,068
At 31 January 2022 4,693 4,693

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Other debtors 186 104
Total 186 104

EASTFIELD GARAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 296 89
Taxation and social security 334 1,011
Accruals and deferred income 907 930
Other creditors 13,749 13,749
Total 15,286 15,779