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REGISTERED NUMBER: 13206713 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

D&G Autos Victoria Rd Garage Ltd

D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D&G Autos Victoria Rd Garage Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: D J Sharpe
G Marson





SECRETARY:





REGISTERED OFFICE: Victoria Road Garage,
Victoria Road
Halifax
West Yorkshire
HX3 8DF





REGISTERED NUMBER: 13206713 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,074 33,926

CURRENT ASSETS
Stocks 2,000 2,000
Cash at bank 767 234
2,767 2,234
CREDITORS
Amounts falling due within one year 5 20,582 21,555
NET CURRENT LIABILITIES (17,815 ) (19,321 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,259

14,605

CREDITORS
Amounts falling due after more than one year 6 (8,045 ) (10,829 )

PROVISIONS FOR LIABILITIES 7 (2,844 ) (3,392 )
NET ASSETS 1,370 384

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,368 382
SHAREHOLDERS' FUNDS 1,370 384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Balance Sheet - continued
28 February 2023


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 Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by:





G Marson - Director


D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

D&G Autos Victoria Rd Garage Ltd 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 net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2022 14,459 24,098 38,557
Additions 4,000 - 4,000
At 28 February 2023 18,459 24,098 42,557
DEPRECIATION
At 1 March 2022 2,169 2,462 4,631
Charge for year 2,443 5,409 7,852
At 28 February 2023 4,612 7,871 12,483
NET BOOK VALUE
At 28 February 2023 13,847 16,227 30,074
At 28 February 2022 12,290 21,636 33,926

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 873 7,268
Tax 2,607 452
Other creditors 51 -
Directors' loan accounts 16,331 13,115
Accrued expenses 720 720
20,582 21,555

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 8,045 10,829

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 2,844 3,392

Deferred
tax
£   
Balance at 1 March 2022 3,392
Deferred Tax (548 )
Balance at 28 February 2023 2,844

D&G Autos Victoria Rd Garage Ltd (Registered number: 13206713)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.