Company Registration No. 01280206 (England and Wales)
West Street Motors (Aldbourne) Limited
Unaudited accounts
for the year ended 30 September 2023
West Street Motors (Aldbourne) Limited
Unaudited accounts
Contents
West Street Motors (Aldbourne) Limited
Company Information
for the year ended 30 September 2023
Directors
Tim Beattie
Martin Comley
Company Number
01280206 (England and Wales)
Registered Office
West Street
Aldbourne
Wiltshire
SN8 2BS
UK
Accountants
Vivid Accounting
West Office, Smith's Barn
West Street
Aldbourne
Wiltshire
SN8 2BS
West Street Motors (Aldbourne) Limited
Accountants' report
Accountants' report to the board of directors of West Street Motors (Aldbourne) Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
West Street Motors (Aldbourne) Limited for the year ended
30 September 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of West Street Motors (Aldbourne) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of West Street Motors (Aldbourne) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than West Street Motors (Aldbourne) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that West Street Motors (Aldbourne) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of West Street Motors (Aldbourne) Limited. You consider that West Street Motors (Aldbourne) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of West Street Motors (Aldbourne) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Vivid Accounting
West Office, Smith's Barn
West Street
Aldbourne
Wiltshire
SN8 2BS
8 January 2024
West Street Motors (Aldbourne) Limited
Statement of financial position
as at 30 September 2023
Tangible assets
16,352
19,074
Cash at bank and in hand
44,412
28,514
Creditors: amounts falling due within one year
(46,414)
(36,595)
Net current assets
16,813
17,158
Called up share capital
100
100
Profit and loss account
33,065
36,132
Shareholders' funds
33,165
36,232
For the year ending 30 September 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 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 18 January 2024 and were signed on its behalf by
Tim Beattie
Director
Company Registration No. 01280206
West Street Motors (Aldbourne) Limited
Notes to the Accounts
for the year ended 30 September 2023
West Street Motors (Aldbourne) Limited is a private company, limited by shares, registered in England and Wales, registration number 01280206. The registered office is West Street, Aldbourne, Wiltshire, SN8 2BS, UK.
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 as modified by the revaluation of certain fixed assets.
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
15% on a reducing balance basis
Motor vehicles
25% on a reducing balance basis
Fixtures & fittings
25% on a reducing balance basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2022
4,742
51,525
20,240
6,698
83,205
At 30 September 2023
4,742
51,525
20,240
6,981
83,488
At 1 October 2022
-
44,797
12,925
6,409
64,131
Charge for the year
-
1,009
1,829
167
3,005
At 30 September 2023
-
45,806
14,754
6,576
67,136
At 30 September 2023
4,742
5,719
5,486
405
16,352
At 30 September 2022
4,742
6,728
7,315
289
19,074
Amounts falling due within one year
Trade debtors
13,782
19,722
West Street Motors (Aldbourne) Limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
8,817
9,855
Taxes and social security
12,516
8,787
Loans from directors
24,331
17,303
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).