Company Registration No. 9587747 (England and Wales)
PENARTH AUTOCARE LTD
Unaudited accounts
for the year ended 31 May 2023
PENARTH AUTOCARE LTD
Unaudited accounts
Contents
PENARTH AUTOCARE LTD
Company Information
for the year ended 31 May 2023
Company Number
9587747 (England and Wales)
Registered Office
B1 West Point Industrial Estate
Penarth Road
Cardiff
CF11 8JQ
Wales
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
PENARTH AUTOCARE LTD
Statement of financial position
as at 31 May 2023
Tangible assets
15,754
18,453
Cash at bank and in hand
165,323
110,678
Creditors: amounts falling due within one year
(80,982)
(53,743)
Net current assets
130,785
98,839
Net assets
146,539
117,292
Called up share capital
5
5
Profit and loss account
146,534
117,287
Shareholders' funds
146,539
117,292
For the year ending 31 May 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 her 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 26 October 2023 and were signed on its behalf by
Suzanna Prosser
Director
Company Registration No. 9587747
PENARTH AUTOCARE LTD
Notes to the Accounts
for the year ended 31 May 2023
PENARTH AUTOCARE LTD is a private company, limited by shares, registered in England and Wales, registration number 9587747. The registered office is B1 West Point Industrial Estate, Penarth Road, Cardiff, CF11 8JQ, Wales.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
44,563
22,750
464
67,777
At 31 May 2023
52,848
22,750
464
76,062
At 1 June 2022
36,585
12,374
365
49,324
Charge for the year
5,746
5,188
50
10,984
At 31 May 2023
42,331
17,562
415
60,308
At 31 May 2023
10,517
5,188
49
15,754
At 31 May 2022
7,978
10,376
99
18,453
PENARTH AUTOCARE LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
28,028
24,943
Accrued income and prepayments
4,071
3,616
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
21,184
14,764
Taxes and social security
37,066
23,438
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).