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REGISTERED NUMBER: 05048390 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

CARS TO GO CHRISTCHURCH LIMITED

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARS TO GO CHRISTCHURCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: C Booker





REGISTERED OFFICE: 9a & 10a Saxon Square
Christchurch
Dorset
BH23 1QA





REGISTERED NUMBER: 05048390 (England and Wales)





ACCOUNTANTS: Chorus Accounting Limited
9a & 10a Saxon Square
Christchurch
Dorset
BH23 1QA

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 84,536 112,724
Investment property 5 168,575 168,575
253,111 281,299

CURRENT ASSETS
Stocks 408,231 457,600
Debtors 6 312,907 316,245
Cash at bank and in hand 120,038 310,377
841,176 1,084,222
CREDITORS
Amounts falling due within one year 7 (478,548 ) (609,317 )
NET CURRENT ASSETS 362,628 474,905
TOTAL ASSETS LESS CURRENT LIABILITIES 615,739 756,204

CREDITORS
Amounts falling due after more than one
year

8

(295,380

)

(335,506

)

PROVISIONS FOR LIABILITIES (16,062 ) (21,418 )
NET ASSETS 304,297 399,280

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 304,197 399,180
SHAREHOLDERS' FUNDS 304,297 399,280

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

BALANCE SHEET - continued
31 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2024 and were signed by:





C Booker - Director


CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Cars To Go Christchurch Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 166,292
DEPRECIATION
At 1 August 2022 53,568
Charge for year 28,188
At 31 July 2023 81,756
NET BOOK VALUE
At 31 July 2023 84,536
At 31 July 2022 112,724

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 150,000
DEPRECIATION
At 1 August 2022 39,844
Charge for year 27,544
At 31 July 2023 67,388
NET BOOK VALUE
At 31 July 2023 82,612
At 31 July 2022 110,156

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 168,575
NET BOOK VALUE
At 31 July 2023 168,575
At 31 July 2022 168,575

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 57,478 64,500
Other debtors 255,429 251,745
312,907 316,245

CARS TO GO CHRISTCHURCH LIMITED (REGISTERED NUMBER: 05048390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 111,754 144,991
Hire purchase contracts 10,060 9,701
Payments on account - 16,370
Trade creditors 21,181 5,042
Taxation and social security 19,687 21,472
Other creditors 315,866 411,741
478,548 609,317

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 226,004 256,070
Hire purchase contracts 69,376 79,436
295,380 335,506

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 337,758 401,061

10. ULTIMATE CONTROLLING PARTY

The controlling party is C Booker.