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Company Registration No. 13200670 (England and Wales)
The Garage Car Sales Ltd Unaudited accounts for the year ended 28 February 2023
The Garage Car Sales Ltd Unaudited accounts Contents
Page
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The Garage Car Sales Ltd Company Information for the year ended 28 February 2023
Director
James Hughes
Company Number
13200670 (England and Wales)
Registered Office
154a Cross Lane Radcliffe Manchester M26 2RF
Accountants
Whittaker Accountants Ltd Lock 50 Oldham Road Rochdale OL16 5RD
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The Garage Car Sales Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,741 
13,000 
Current assets
Inventories
- 
4,000 
Cash at bank and in hand
949 
- 
949 
4,000 
Creditors: amounts falling due within one year
(6,570)
(1,959)
Net current (liabilities)/assets
(5,621)
2,041 
Total assets less current liabilities
3,120 
15,041 
Creditors: amounts falling due after more than one year
- 
(14,311)
Net assets
3,120 
730 
Capital and reserves
Called up share capital
1 
(1)
Profit and loss account
3,119 
731 
Shareholders' funds
3,120 
730 
For the year ending 28 February 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 14 November 2023 and were signed on its behalf by
James Hughes Director Company Registration No. 13200670
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The Garage Car Sales Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
The Garage Car Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 13200670. The registered office is 154a Cross Lane, Radcliffe, Manchester, M26 2RF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost
Plant & machinery
18% RB
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
13,000 
At 28 February 2023
13,000 
Depreciation
Charge for the year
4,259 
At 28 February 2023
4,259 
Net book value
At 28 February 2023
8,741 
At 28 February 2022
13,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,333 
- 
Trade creditors
3,047 
- 
Taxes and social security
(1,490)
1,959 
Loans from directors
2,680 
- 
6,570 
1,959 
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The Garage Car Sales Ltd Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
- 
14,311 
7
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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