FAIRWATER VAN SALES LTD

Company Registration Number:
12906958 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

FAIRWATER VAN SALES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FAIRWATER VAN SALES LTD

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 2,124,799 2,079,093
Cost of sales: ( 1,903,777 ) ( 1,825,153 )
Gross profit(or loss): 221,022 253,940
Administrative expenses: ( 133,915 ) ( 98,903 )
Other operating income: 0 0
Operating profit(or loss): 87,107 155,037
Interest payable and similar charges: ( 14,771 ) ( 9,150 )
Profit(or loss) before tax: 72,336 145,887
Tax: ( 14,663 ) ( 27,543 )
Profit(or loss) for the financial year: 57,673 118,344

FAIRWATER VAN SALES LTD

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,099 1,000
Total fixed assets: 1,099 1,000
Current assets
Stocks: 4 300,423 342,203
Debtors:   0 0
Cash at bank and in hand: 0 0
Total current assets: 300,423 342,203
Creditors: amounts falling due within one year: 5 ( 110,386 ) ( 190,559 )
Net current assets (liabilities): 190,037 151,644
Total assets less current liabilities: 191,136 152,644
Creditors: amounts falling due after more than one year: 6 ( 43,047 ) ( 58,228 )
Total net assets (liabilities): 148,089 94,416
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 148,087 94,414
Total Shareholders' funds: 148,089 94,416

The notes form part of these financial statements

FAIRWATER VAN SALES LTD

Balance sheet statements

For the year ending 30 September 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 8 April 2024
and signed on behalf of the board by:

Name: M Wilson
Status: Director

The notes form part of these financial statements

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    18%

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 1,219 1,219
Additions 340 340
Disposals
Revaluations
Transfers
At 30 September 2023 1,559 1,559
Depreciation
At 1 October 2022 219 219
Charge for year 241 241
On disposals
Other adjustments
At 30 September 2023 460 460
Net book value
At 30 September 2023 1,099 1,099
At 30 September 2022 1,000 1,000

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Stocks

2023 2022
£ £
Stocks 300,423 342,203
Total 300,423 342,203

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 21,881 36,045
Trade creditors 6,847
Taxation and social security 22,168 29,813
Other creditors 59,490 124,701
Total 110,386 190,559

FAIRWATER VAN SALES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 14,773 20,146
Other creditors 28,274 38,082
Total 43,047 58,228