CAR HUB LONDON LIMITED

Company Registration Number:
09243301 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

CAR HUB LONDON LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

CAR HUB LONDON LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 28,750 31,250
Tangible assets: 4 109,800 56,400
Investments: 5 26,542 0
Total fixed assets: 165,092 87,650
Current assets
Stocks: 2,354,381 1,855,493
Debtors:   51,190 34,480
Cash at bank and in hand: 160,331 59,250
Total current assets: 2,565,902 1,949,223
Creditors: amounts falling due within one year:   (1,426,308) (927,074)
Net current assets (liabilities): 1,139,594 1,022,149
Total assets less current liabilities: 1,304,686 1,109,799
Creditors: amounts falling due after more than one year:   (548,081) (496,598)
Total net assets (liabilities): 756,605 613,201
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 756,604 613,200
Shareholders funds: 756,605 613,201

The notes form part of these financial statements

CAR HUB LONDON LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 March 2024
and signed on behalf of the board by:

Name: Mrs J Scott
Status: Director

The notes form part of these financial statements

CAR HUB LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CAR HUB LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

CAR HUB LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 50,000
At 31 March 2023 50,000
Amortisation
At 01 April 2022 18,750
Charge for year 2,500
At 31 March 2023 21,250
Net book value
At 31 March 2023 28,750
At 31 March 2022 31,250

CAR HUB LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 78,418
Additions 71,049
At 31 March 2023 149,467
Depreciation
At 01 April 2022 22,018
Charge for year 17,649
At 31 March 2023 39,667
Net book value
At 31 March 2023 109,800
At 31 March 2022 56,400

CAR HUB LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit i=or loss.