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REGISTERED NUMBER: 06356817 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2022

for

Great Western Rentals Limited

Great Western Rentals Limited (Registered number: 06356817)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Great Western Rentals Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: J-P Hayes





REGISTERED OFFICE: Ivy Cottage
20 The Square
Alveston
Bristol
BS35 3PE





REGISTERED NUMBER: 06356817 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Great Western Rentals Limited (Registered number: 06356817)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,916 31,380

CURRENT ASSETS
Debtors 5 269,836 231,536
Cash at bank and in hand 2,502 25,597
272,338 257,133
CREDITORS
Amounts falling due within one year 6 135,388 120,135
NET CURRENT ASSETS 136,950 136,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,866

168,378

CREDITORS
Amounts falling due after more than one
year

7

(31,852

)

(36,231

)

PROVISIONS FOR LIABILITIES (8,140 ) (5,962 )
NET ASSETS 116,874 126,185

Great Western Rentals Limited (Registered number: 06356817)

Balance Sheet - continued
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1
Retained earnings 115,874 126,184
SHAREHOLDERS' FUNDS 116,874 126,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

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 October 2023 and were signed by:





J-P Hayes - Director


Great Western Rentals Limited (Registered number: 06356817)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Great Western Rentals 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

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 - 15% on reducing balance

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.

Great Western Rentals Limited (Registered number: 06356817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 97,512
Disposals (30,351 )
At 31 December 2022 67,161
DEPRECIATION
At 1 January 2022 66,132
Charge for year 3,864
Eliminated on disposal (22,751 )
At 31 December 2022 47,245
NET BOOK VALUE
At 31 December 2022 19,916
At 31 December 2021 31,380

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors - 1,200
Other debtors 269,836 230,336
269,836 231,536

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 4,778 4,778
Taxation and social security 51,709 52,609
Other creditors 78,901 62,748
135,388 120,135

Great Western Rentals Limited (Registered number: 06356817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans 31,852 36,231

8. RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with the directors:

2022 2021

Capital introduced - 5,539

Capital withdrawn 7,638 -

At the balance sheet date the amount due to the directors was £19,981 (2021 - £27,619).