FINE CAR COMPANY LTD

Company Registration Number:
13197656 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

FINE CAR COMPANY LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

FINE CAR COMPANY LTD

Company Information

for the Period Ended 30 November 2023




Director: Brendan Mitchell
Joe Mitchell
Registered office: Flat 24
104 Wilton Road
London
England
SW1V 1DU
Company Registration Number: 13197656 (England and Wales)

FINE CAR COMPANY LTD

Balance sheet

As at 30 November 2023


Notes

2023
£
9 months to
30 Nov 2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 1
Cash at bank and in hand: 133
Total current assets: 133 1
Creditors: amounts falling due within one year: ( 2,709 )
Net current assets (liabilities): ( 2,576 ) 1
Total assets less current liabilities: ( 2,576 ) 1
Total net assets (liabilities): ( 2,576 ) 1

The notes form part of these financial statements

FINE CAR COMPANY LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£
9 months to
30 Nov 2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 2,577 )
Shareholders funds: ( 2,576 ) 1

For the year ending 30 November 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 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 4 March 2024
And Signed On Behalf Of The Board By:

Name: Brendan Mitchell
Status: Director

The notes form part of these financial statements

FINE CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

FINE CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023
    9 months to
    30 Nov 2022
    Average number of employees during the period 2 3

FINE CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

FINE CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4.1.Related party disclosures

Name of related party: Joe Mitchell
Description of relationship:
Shareholder and director
Description of the transaction:
During the year, loans were made to the company by Mr J Mitchell, a shareholder and director, of £2,709. The loans are interest free and repayable on demand.
Balance at 01 December 2022 0
Balance at 30 November 2023 2,709