Company Registration No. 09179506 (England and Wales)
Gowashmycar Limited
Unaudited accounts
for the year ended 31 December 2022
Gowashmycar Limited
Unaudited accounts
Contents
Gowashmycar Limited
Company Information
for the year ended 31 December 2022
Directors
Robin Doble
Adam Franke-Matthecka
Company Number
09179506 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
Accountants
Robert Glover Associates Limited
124 City Road
London
EC1V 2NX
Gowashmycar Limited
Statement of financial position
as at 31 December 2022
Tangible assets
40,360
40,916
Cash at bank and in hand
1,599
2,558
Creditors: amounts falling due within one year
(118,987)
(97,579)
Net current liabilities
(114,292)
(92,259)
Total assets less current liabilities
(73,932)
(51,343)
Creditors: amounts falling due after more than one year
(25,026)
(44,946)
Net liabilities
(98,958)
(96,289)
Called up share capital
105
105
Share premium
44,995
44,995
Profit and loss account
(144,058)
(141,389)
Shareholders' funds
(98,958)
(96,289)
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by
Robin Doble
Director
Company Registration No. 09179506
Gowashmycar Limited
Notes to the Accounts
for the year ended 31 December 2022
Gowashmycar Limited is a private company, limited by shares, registered in England and Wales, registration number 09179506. The registered office is 124 City Road, London, EC1V 2NX.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Plant & machinery
25% straight line
Motor vehicles
20% straight line
Computer equipment
33% straight line
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
Gowashmycar Limited
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
625
47,320
583
48,528
Additions
-
9,958
1,532
11,490
Disposals
-
(5,500)
-
(5,500)
At 31 December 2022
625
51,778
2,115
54,518
At 1 January 2022
76
7,201
335
7,612
Charge for the year
156
8,062
328
8,546
On disposals
-
(2,000)
-
(2,000)
At 31 December 2022
232
13,263
663
14,158
At 31 December 2022
393
38,515
1,452
40,360
At 31 December 2021
549
40,119
248
40,916
Amounts falling due within one year
Accrued income and prepayments
1,232
423
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
11,017
10,874
Obligations under finance leases and hire purchase contracts
14,733
11,253
Taxes and social security
170
2,565
Other creditors
6,630
5,681
Loans from directors
57,604
53,030
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
9,910
Gowashmycar Limited
Notes to the Accounts
for the year ended 31 December 2022
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).