Company Registration No. 11398171 (England and Wales)
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Unaudited accounts
for the year ended 30 June 2023
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Unaudited accounts
Contents
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Company Information
for the year ended 30 June 2023
Company Number
11398171 (England and Wales)
Registered Office
LORNE STREET
LORNE STREET
BOLTON
BL4 7LF
UNITED KINGDOM
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
7,514
10,019
Inventories
500,000
150,000
Cash at bank and in hand
134,675
67,832
Creditors: amounts falling due within one year
(88,148)
(151,364)
Net current assets
546,527
66,468
Called up share capital
100
100
Profit and loss account
553,941
76,387
Shareholders' funds
554,041
76,487
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 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 1 July 2023 and were signed on its behalf by
Rahmat Khan
Director
Company Registration No. 11398171
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Notes to the Accounts
for the year ended 30 June 2023
STELLAR MOTOR COMPANY (BOLTON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11398171. The registered office is LORNE STREET, LORNE STREET, BOLTON, BL4 7LF, UNITED KINGDOM.
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.
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:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
81,181
149,364
STELLAR MOTOR COMPANY (BOLTON) LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Average number of employees
During the year the average number of employees was 3 (2022: 3).