1 March 2022 false No description of principal activity Taxfiler 2023.10.1 11198636business:PrivateLimitedCompanyLtd2022-03-012023-02-28 111986362022-02-28 111986362022-03-012023-02-28 11198636business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11198636business:FilletedAccounts2022-03-012023-02-28 111986362023-02-28 11198636business:Director12022-03-012023-02-28 11198636business:RegisteredOffice2022-03-012023-02-28 111986362022-02-28 11198636core:WithinOneYear2023-02-28 11198636core:WithinOneYear2022-02-28 11198636core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11198636core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11198636core:PreviouslyStatedAmount2023-02-28 11198636core:PreviouslyStatedAmount2022-02-28 11198636business:SmallEntities2022-03-012023-02-28 11198636countries:EnglandWales2022-03-012023-02-28 11198636core:PlantMachinery2022-03-012023-02-28 11198636core:PlantMachinery2022-02-28 11198636core:PlantMachinery2023-02-28 111986362021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11198636 (England and Wales)
Riley's Automotive Vehicle Sales Ltd Unaudited accounts for the year ended 28 February 2023
Riley's Automotive Vehicle Sales Ltd Unaudited accounts Contents
Page
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Riley's Automotive Vehicle Sales Ltd Company Information for the year ended 28 February 2023
Director
Mr M Riley
Company Number
11198636 (England and Wales)
Registered Office
Unit 5 Kirkless Industrial Estate Cale Lane Wigan Lancashire WN2 1HF England
Accountants
Marylebone Accountancy Services Ltd 470 Bolton Road Aspull Wigan Lancs WN2 1PX
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Riley's Automotive Vehicle Sales Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,000 
3,000 
Current assets
Inventories
- 
500 
Cash at bank and in hand
6,812 
3,876 
6,812 
4,376 
Creditors: amounts falling due within one year
(818)
(256)
Net current assets
5,994 
4,120 
Net assets
7,994 
7,120 
Capital and reserves
Profit and loss account
7,994 
7,120 
Shareholders' funds
7,994 
7,120 
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 27 November 2023 and were signed on its behalf by
Mr M Riley Director Company Registration No. 11198636
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Riley's Automotive Vehicle Sales Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Riley's Automotive Vehicle Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 11198636. The registered office is Unit 5 Kirkless Industrial Estate, Cale Lane, Wigan, Lancashire, WN2 1HF, England.
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 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
5 years straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
5,000 
At 28 February 2023
5,000 
Depreciation
At 1 March 2022
2,000 
Charge for the year
1,000 
At 28 February 2023
3,000 
Net book value
At 28 February 2023
2,000 
At 28 February 2022
3,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
378 
- 
Taxes and social security
440 
256 
818 
256 
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Riley's Automotive Vehicle Sales Ltd Notes to the Accounts for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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