Showcase Car Care Ltd 14293524 false 2022-08-12 2023-08-31 2023-08-31 The principal activity of the company is Maintenance and repair of motor vehicles. Digita Accounts Production Advanced 6.30.9574.0 true true 14293524 2022-08-12 2023-08-31 14293524 2023-08-31 14293524 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-08-31 14293524 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 14293524 core:MotorVehicles 2023-08-31 14293524 core:PlantMachinery 2023-08-31 14293524 bus:SmallEntities 2022-08-12 2023-08-31 14293524 bus:AuditExemptWithAccountantsReport 2022-08-12 2023-08-31 14293524 bus:FullAccounts 2022-08-12 2023-08-31 14293524 bus:SmallCompaniesRegimeForAccounts 2022-08-12 2023-08-31 14293524 bus:RegisteredOffice 2022-08-12 2023-08-31 14293524 bus:Director1 2022-08-12 2023-08-31 14293524 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-08-12 2023-08-31 14293524 bus:PrivateLimitedCompanyLtd 2022-08-12 2023-08-31 14293524 core:MotorVehicles 2022-08-12 2023-08-31 14293524 core:PlantMachinery 2022-08-12 2023-08-31 14293524 core:Vehicles 2022-08-12 2023-08-31 14293524 countries:England 2022-08-12 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14293524

Showcase Car Care Ltd

Unaudited Filleted Financial Statements

for the Period from 12 August 2022 to 31 August 2023

 

Showcase Car Care Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Showcase Car Care Ltd

Company Information

Director

C J Mundy

Registered office

7 Woodwards Cottages
Bridge Street
Neston
Cheshire
CH64 9UD

Accountants

Phillip Bates and Co Limited
1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

 

Showcase Car Care Ltd

(Registration number: 14293524)
Balance Sheet as at 31 August 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

2,790

Current assets

 

Cash at bank and in hand

 

380

Creditors: Amounts falling due within one year

5

(4,854)

Net current liabilities

 

(4,474)

Net liabilities

 

(1,684)

Capital and reserves

 

Called up share capital

6

1

Retained earnings

(1,685)

Shareholders' deficit

 

(1,684)

For the financial period ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 November 2023
 

.........................................
C J Mundy
Director

 

Showcase Car Care Ltd

Notes to the Unaudited Financial Statements for the Period from 12 August 2022 to 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
7 Woodwards Cottages
Bridge Street
Neston
Cheshire
CH64 9UD
United Kingdom

These financial statements were authorised for issue by the director on 22 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Showcase Car Care Ltd

Notes to the Unaudited Financial Statements for the Period from 12 August 2022 to 31 August 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% straight line basis

Plant and machinery

25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Showcase Car Care Ltd

Notes to the Unaudited Financial Statements for the Period from 12 August 2022 to 31 August 2023

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

Additions

920

2,800

3,720

At 31 August 2023

920

2,800

3,720

Depreciation

Charge for the period

230

700

930

At 31 August 2023

230

700

930

Carrying amount

At 31 August 2023

690

2,100

2,790

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Accruals and deferred income

1,000

Other creditors

3,854

4,854

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary share of £1 each

1

1