2022-03-01 13201339 2023-02-28 13201339 2022-03-01 2023-02-28 13201339 2022-02-28 13201339 2021-02-15 2022-02-28 13201339 uk-core:WithinOneYear 2022-02-28 13201339 uk-core:WithinOneYear 2023-02-28 13201339 uk-core:AfterOneYear 2022-02-28 13201339 uk-core:AfterOneYear 2023-02-28 13201339 uk-core:ShareCapital 2023-02-28 13201339 uk-core:ShareCapital 2022-02-28 13201339 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 13201339 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 13201339 uk-bus:Director1 2022-03-01 2023-02-28 13201339 uk-core:MotorVehicles 2022-03-01 2023-02-28 13201339 uk-core:WithinOneYear 2023-02-28 13201339 uk-core:WithinOneYear 2022-02-28 iso4217:GBP xbrli:pure 13201339 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 13201339 uk-bus:FRS102 2022-03-01 2023-02-28 13201339 uk-bus:FullAccounts 2022-03-01 2023-02-28 13201339 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Charnwood Commercials Ltd
Registered Number:13201339
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Charnwood Commercials Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
13201339
As at 28 February 2023
Charnwood Commercials Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
11,906
4,875
2
11,906
4,875
Current assets
Trade and other receivables
7,687
7,500
3
964
Cash and cash equivalents
737
8,237
8,651
Trade and other payables: amounts falling due
within one year
(2,233)
(28,023)
4
6,418
(19,786)
Net current liabilities
Total assets less current liabilities
(7,880)
11,293
Trade and other payables: amounts falling due after
more than one year
(30,412)
(43,075)
5
(50,955)
Net liabilities
(19,119)
Capital and reserves
Called up share capital
1
1
Retained earnings
(50,956)
(19,120)
(50,955)
(19,119)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 4
4
Registered Number :
13201339
For the year ended 28 February 2023
Charnwood Commercials Ltd
Statement of Financial Position Continued
Mr Paul Garratt Director
These financial statements were approved and authorised for issue by the Board on 09 November 2023 and were signed by:
The notes form part of these financial statements
2 of 4
5
For the year ended 28 February 2023
Charnwood Commercials Ltd
Notes to the Financial Statements
Statutory Information
Charnwood Commercials Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 13201339.
Registered address:
40 Hayhill
Hayhills Industrial Estate
Barrow upon Soar
Leicestershire
LE12 8LD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and
Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Motor Vehicles
2. Property, plant and equipment
Motor
Vehicles
£
Cost or
valuation
At 01 March 2022
6,500
11,000
Additions
At 28 February 2023
17,500
Provision for depreciation and impairmen
t
At 01 March 2022
1,625
Charge for year
3,969
At 28 February 2023
5,594
At 28 February 2023
Net book value
11,906
At 28 February 2022
4,875
3 of 4
6
For the year ended 28 February 2023
Charnwood Commercials Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
7,500
7,687
The debtors above include the following amounts falling due after more than one year:
Other debtors
7,500
7,500
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
7,200
-
Trade creditors
-
103
Taxation and social security
169
-
Other creditors
20,654
2,130
28,023
2,233
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
43,075
30,412
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 1)
4 of 4