Company Registration No. 08422206 (England and Wales)
WESTCAR FINANCIAL PLANNING LTD
Unaudited accounts
for the year ended 29 February 2024
WESTCAR FINANCIAL PLANNING LTD
Unaudited accounts
Contents
WESTCAR FINANCIAL PLANNING LTD
Company Information
for the year ended 29 February 2024
Directors
Mr. Alistair Graeme Donald
Mrs. Carol Elizabeth Donald
Company Number
08422206 (England and Wales)
Registered Office
105 Westcar Lane
Hersham
Surrey
KT12 5ES
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
WESTCAR FINANCIAL PLANNING LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
63,517
89,197
Creditors: amounts falling due within one year
(14,484)
(22,695)
Net current assets
51,742
72,476
Called up share capital
100
100
Profit and loss account
92,510
72,376
Shareholders' funds
92,610
72,476
For the year ending 29 February 2024 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 9 April 2024 and were signed on its behalf by
Mr. Alistair Graeme Donald
Director
Company Registration No. 08422206
WESTCAR FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 29 February 2024
WESTCAR FINANCIAL PLANNING LTD is a private company, limited by shares, registered in England and Wales, registration number 08422206. The registered office is 105 Westcar Lane, Hersham, Surrey, KT12 5ES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
Motor vehicles
25% Reducing balance
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
6,825
-
450
7,275
Additions
827
48,160
-
48,987
At 29 February 2024
7,652
48,160
450
56,262
At 1 March 2023
6,825
-
450
7,275
Charge for the year
92
8,027
-
8,119
At 29 February 2024
6,917
8,027
450
15,394
At 29 February 2024
735
40,133
-
40,868
Amounts falling due within one year
Accrued income and prepayments
2,709
5,974
WESTCAR FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,857
22,509
Loans from directors
627
186
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).