2 28/02/2023 2023-02-28 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-03-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 10390846 2022-03-01 2023-02-28 10390846 2023-02-28 10390846 2022-02-28 10390846 2021-03-01 2022-02-28 10390846 2022-02-28 10390846 core:FurnitureFittingsToolsEquipment 2022-03-01 2023-02-28 10390846 bus:Director1 2022-03-01 2023-02-28 10390846 core:FurnitureFittingsToolsEquipment 2022-02-28 10390846 core:FurnitureFittingsToolsEquipment 2023-02-28 10390846 core:WithinOneYear 2023-02-28 10390846 core:WithinOneYear 2022-02-28 10390846 core:AfterOneYear 2023-02-28 10390846 core:AfterOneYear 2022-02-28 10390846 core:ShareCapital 2023-02-28 10390846 core:ShareCapital 2022-02-28 10390846 core:RetainedEarningsAccumulatedLosses 2023-02-28 10390846 core:RetainedEarningsAccumulatedLosses 2022-02-28 10390846 core:FurnitureFittingsToolsEquipment 2022-02-28 10390846 bus:SmallEntities 2022-03-01 2023-02-28 10390846 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 10390846 bus:FullAccounts 2022-03-01 2023-02-28 10390846 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 10390846 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Company registration number: 10390846
Car and Van MOT Ltd
Unaudited filleted financial statements
28 February 2023
Car and Van MOT Ltd
Statement of financial position
28 February 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 7,587 5,791
_______ _______
7,587 5,791
Current assets
Stocks 640 360
Debtors 6 4,871 7,164
Cash at bank and in hand 974 131
_______ _______
6,485 7,655
Creditors: amounts falling due
within one year 7 ( 8,903) ( 15,455)
_______ _______
Net current liabilities ( 2,418) ( 7,800)
_______ _______
Total assets less current liabilities 5,169 ( 2,009)
Creditors: amounts falling due
after more than one year 8 ( 3,914) ( 10,813)
_______ _______
Net assets/(liabilities) 1,255 ( 12,822)
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,254 ( 12,823)
_______ _______
Shareholder funds/(deficit) 1,255 ( 12,822)
_______ _______
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 23 October 2023 , and are signed on behalf of the board by:
Mr L P Sweeney
Director
Company registration number: 10390846
Car and Van MOT Ltd
Notes to the financial statements
Year ended 28 February 2023
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 2 Ambleside Drive, Kirkby, Liverpool, L33 2EF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention .
Turnover
Turnover represents the sales of goods and services provided to customers during the period, excluding VAT, wholly undertaken in the UK.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Defined contribution plans
Pension payments represents contributions to a separate entity called NEST who administer these funds on behalf of each employee.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 March 2022 44,207 44,207
Additions 6,873 6,873
_______ _______
At 28 February 2023 51,080 51,080
_______ _______
Depreciation
At 1 March 2022 38,416 38,416
Charge for the year 5,077 5,077
_______ _______
At 28 February 2023 43,493 43,493
_______ _______
Carrying amount
At 28 February 2023 7,587 7,587
_______ _______
At 28 February 2022 5,791 5,791
_______ _______
6. Debtors
£ £
Trade debtors 4,871 4,056
Other debtors - 3,108
_______ _______
4,871 7,164
_______ _______
7. Creditors: amounts falling due within one year
£ £
Bank loans and overdrafts 2,058 2,058
Trade creditors 1,375 496
Social security and other taxes 1,325 22
Other creditors 4,145 12,879
_______ _______
8,903 15,455
_______ _______
8. Creditors: amounts falling due after more than one year
£ £
Bank loans and overdrafts 3,914 8,891
Other creditors - 1,922
_______ _______
3,914 10,813
_______ _______