Company Registration No. 08144711 (England and Wales)
Small Family Car Limited
Unaudited accounts
for the year ended 31 July 2023
Small Family Car Limited
Unaudited accounts
Contents
Small Family Car Limited
Company Information
for the year ended 31 July 2023
Company Number
08144711 (England and Wales)
Registered Office
Light Oaks Garage
Lancaster Road
Salford
M6 8AP
Accountants
J F Balshaw & Co
20 Old Kiln Lane
Heaton
Bolton
Lancashire
BL1 5PD
Small Family Car Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
35,978
54,350
Creditors: amounts falling due within one year
(33,336)
(42,725)
Net current assets
2,642
12,642
Total assets less current liabilities
2,642
12,881
Creditors: amounts falling due after more than one year
(18,333)
(28,333)
Net liabilities
(15,691)
(15,452)
Called up share capital
100
100
Profit and loss account
(15,791)
(15,552)
Shareholders' funds
(15,691)
(15,452)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 16 April 2024 and were signed on its behalf by
Mr A White
Director
Company Registration No. 08144711
Small Family Car Limited
Notes to the Accounts
for the year ended 31 July 2023
Small Family Car Limited is a private company, limited by shares, registered in England and Wales, registration number 08144711. The registered office is Light Oaks Garage, Lancaster Road, Salford, M6 8AP.
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 accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% straight line
4
Tangible fixed assets
Computer equipment
Small Family Car Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,000
10,000
Other creditors
13,336
13,336
Loans from directors
-
18,864
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
The company owes a balance of £nil (2022 £18,864) to the director, Mr A White.
The ultimate controlling party is Mr A White, Director
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).