EMBASSY CARS LTD

Company Registration Number:
06058561 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

EMBASSY CARS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

EMBASSY CARS LTD

Company Information

for the Period Ended 31 January 2023




Director: Manoj Teji
Registered office: 5a
Parr Road
Stanmore
Middlesex
HA7 1NP
Company Registration Number: 06058561 (England and Wales)

EMBASSY CARS LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 400,387 500,484
Total fixed assets: 400,387 500,484
Current assets
Debtors: 5 38,733
Cash at bank and in hand: 23,140 30,916
Total current assets: 23,140 69,649
Creditors: amounts falling due within one year: 6 ( 20,523 ) ( 5,717 )
Net current assets (liabilities): 2,617 63,932
Total assets less current liabilities: 403,004 564,416
Creditors: amounts falling due after more than one year: 7 ( 402,272 ) ( 564,245 )
Total net assets (liabilities): 732 171

The notes form part of these financial statements

EMBASSY CARS LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 730 169
Shareholders funds: 732 171

For the year ending 31 January 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.

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

This report was approved by the board of directors on 7 May 2023
And Signed On Behalf Of The Board By:

Name: Manoj Teji
Status: Director

The notes form part of these financial statements

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 9 9

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 February 2022 1,335,109 1,335,109
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 1,335,109 1,335,109
Depreciation
At 01 February 2022 834,625 834,625
Charge for year 100,097 100,097
On disposals - -
Other adjustments - -
At 31 January 2023 934,722 934,722
Net book value
At 31 January 2023 400,387 400,387
At 31 January 2022 500,484 500,484

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 38,733
Total 38,733

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 20,523 5,717
Total 20,523 5,717

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 402,272 564,245
Total 402,272 564,245