Company Registration No. 10920451 (England and Wales)
WEST LONDON MOTORS LTD
Unaudited accounts
for the year ended 31 March 2023
WEST LONDON MOTORS LTD
Unaudited accounts
Contents
WEST LONDON MOTORS LTD
Company Information
for the year ended 31 March 2023
Director
Urmatullah Ahmadi
Company Number
10920451 (England and Wales)
Registered Office
830 UXBRIDGE ROAD
HAYES
MIDDLESEX
UB4 0RR
ENGLAND
Accountants
SAMI & CO ACCOUNTANTS
48 BILTON ROAD
PERIVALE
MIDDLESEX
UB6 7DH
WEST LONDON MOTORS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
2,858
3,345
Inventories
510,150
476,725
Cash at bank and in hand
46,557
31,062
Creditors: amounts falling due within one year
(24,902)
(32,731)
Net current assets
613,899
501,034
Total assets less current liabilities
616,757
504,379
Creditors: amounts falling due after more than one year
(338,411)
(273,370)
Net assets
278,346
231,009
Called up share capital
1,000
1,000
Profit and loss account
277,346
230,009
Shareholders' funds
278,346
231,009
For the year ending 31 March 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 21 February 2024 and were signed on its behalf by
Urmatullah Ahmadi
Director
Company Registration No. 10920451
WEST LONDON MOTORS LTD
Notes to the Accounts
for the year ended 31 March 2023
WEST LONDON MOTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 10920451. The registered office is 830 UXBRIDGE ROAD, HAYES, MIDDLESEX, UB4 0RR, 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.
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 % reducing Balance
Fixtures & fittings
15 % reducing Balance
Computer equipment
15% reducing Balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,000
2,740
1,660
5,400
At 31 March 2023
1,000
2,740
1,660
5,400
At 1 April 2022
359
1,056
640
2,055
Charge for the year
81
253
153
487
At 31 March 2023
440
1,309
793
2,542
At 31 March 2023
560
1,431
867
2,858
At 31 March 2022
641
1,684
1,020
3,345
Amounts falling due after more than one year
Other debtors
82,094
25,978
WEST LONDON MOTORS LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
19,537
28,675
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
338,411
273,370
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).