Company Registration No. 12415819 (England and Wales)
WAVERLEY CARS LIMITED
Unaudited accounts
for the year ended 31 January 2023
WAVERLEY CARS LIMITED
Unaudited accounts
Contents
WAVERLEY CARS LIMITED
Company Information
for the year ended 31 January 2023
Director
HISHAM GAMIL ABDELHAMID MOHAMED
Company Number
12415819 (England and Wales)
Registered Office
GROUND FLOOR FLAT, 1 NORTHFIELDS
CHURCH LANE, ALBURY
GUILDFORD
GU5 9AN
ENGLAND
WAVERLEY CARS LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
10,663
12,217
Cash at bank and in hand
617
1,711
Creditors: amounts falling due within one year
(13,512)
(16,828)
Net current liabilities
(11,825)
(15,117)
Total assets less current liabilities
(1,162)
(2,900)
Creditors: amounts falling due after more than one year
(716)
-
Net liabilities
(1,878)
(2,900)
Called up share capital
100
100
Profit and loss account
(1,978)
(3,000)
Shareholders' funds
(1,878)
(2,900)
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 October 2023 and were signed on its behalf by
HISHAM GAMIL ABDELHAMID MOHAMED
Director
Company Registration No. 12415819
WAVERLEY CARS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
WAVERLEY CARS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12415819. The registered office is GROUND FLOOR FLAT, 1 NORTHFIELDS, CHURCH LANE, ALBURY, GUILDFORD, GU5 9AN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
15,000
360
15,360
At 31 January 2023
15,000
360
15,360
At 1 February 2022
3,035
108
3,143
Charge for the year
1,500
54
1,554
At 31 January 2023
4,535
162
4,697
At 31 January 2023
10,465
198
10,663
At 31 January 2022
11,965
252
12,217
Amounts falling due within one year
WAVERLEY CARS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
280
608
Loans from directors
13,232
16,220
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
716
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).