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Company Registration No. 11400357 (England and Wales)
LV MOTORS WOLVERHAMPTON LIMITED Unaudited accounts for the year ended 30 June 2023
LV MOTORS WOLVERHAMPTON LIMITED Unaudited accounts Contents
Page
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LV MOTORS WOLVERHAMPTON LIMITED Company Information for the year ended 30 June 2023
Directors
Lee Dunford Victoria Dunford
Company Number
11400357 (England and Wales)
Registered Office
69-71 LICHFIELD ROAD WOLVERHAMPTON WV11 1TW ENGLAND
Accountants
Charterhouse Accountants 69-71 Lichfield Road Wednesfield
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LV MOTORS WOLVERHAMPTON LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,567 
12,850 
Current assets
Cash at bank and in hand
(6,840)
- 
Creditors: amounts falling due within one year
(35,160)
- 
Net current liabilities
(42,000)
- 
Total assets less current liabilities
(33,433)
12,850 
Creditors: amounts falling due after more than one year
- 
(32,587)
Net liabilities
(33,433)
(19,737)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(33,533)
(19,837)
Shareholders' funds
(33,433)
(19,737)
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 15 March 2024 and were signed on its behalf by
Lee Dunford Director Company Registration No. 11400357
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LV MOTORS WOLVERHAMPTON LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
LV MOTORS WOLVERHAMPTON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11400357. The registered office is 69-71 LICHFIELD ROAD, WOLVERHAMPTON, WV11 1TW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
- 
12,850 
12,850 
At 30 June 2023
- 
12,850 
12,850 
Depreciation
Charge for the year
4,283 
- 
4,283 
At 30 June 2023
4,283 
- 
4,283 
Net book value
At 30 June 2023
(4,283)
12,850 
8,567 
At 30 June 2022
- 
12,850 
12,850 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
38,027 
- 
VAT
325 
- 
Other creditors
(3,192)
- 
35,160 
- 
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LV MOTORS WOLVERHAMPTON LIMITED Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
32,587 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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