IRIS Accounts Production v24.1.0.578 08402187 director 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084021872023-02-28084021872024-02-29084021872023-03-012024-02-29084021872022-02-28084021872022-03-012023-02-28084021872023-02-2808402187ns15:EnglandWales2023-03-012024-02-2908402187ns14:PoundSterling2023-03-012024-02-2908402187ns10:Director12023-03-012024-02-2908402187ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908402187ns10:SmallEntities2023-03-012024-02-2908402187ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2908402187ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908402187ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908402187ns10:FullAccounts2023-03-012024-02-2908402187ns10:CompanySecretary12023-03-012024-02-2908402187ns10:RegisteredOffice2023-03-012024-02-2908402187ns5:CurrentFinancialInstruments2024-02-2908402187ns5:CurrentFinancialInstruments2023-02-2808402187ns5:Non-currentFinancialInstruments2024-02-2908402187ns5:Non-currentFinancialInstruments2023-02-2808402187ns5:ShareCapital2024-02-2908402187ns5:ShareCapital2023-02-2808402187ns5:RetainedEarningsAccumulatedLosses2024-02-2908402187ns5:RetainedEarningsAccumulatedLosses2023-02-2808402187ns5:PlantMachinery2023-03-012024-02-2908402187ns5:PlantMachinery2023-02-2808402187ns5:PlantMachinery2024-02-2908402187ns5:PlantMachinery2023-02-2808402187ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2908402187ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 08402187 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

WE SELL ANY CAR PRIVATELY LIMITED

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WE SELL ANY CAR PRIVATELY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: P C Ireland





SECRETARY:





REGISTERED OFFICE: Windy Ridge Estate Office
Longborough
Moreton in Marsh
Gloucestershire
GL56 0QY





REGISTERED NUMBER: 08402187 (England and Wales)





ACCOUNTANTS: Devereux & Co
2 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,980 20,783

CURRENT ASSETS
Stocks 180,000 268,000
Debtors 5 12,468 3,739
Cash at bank 39,680 131,329
232,148 403,068
CREDITORS
Amounts falling due within one year 6 52,846 243,568
NET CURRENT ASSETS 179,302 159,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,282

180,283

CREDITORS
Amounts falling due after more than one
year

7

102,503

20,003
NET ASSETS 98,779 160,280

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,679 160,180
SHAREHOLDERS' FUNDS 98,779 160,280

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 May 2024 and were signed by:





P C Ireland - Director


WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

We Sell Any Car Privately Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 38,577
Additions 10,756
At 29 February 2024 49,333
DEPRECIATION
At 1 March 2023 17,794
Charge for year 9,559
At 29 February 2024 27,353
NET BOOK VALUE
At 29 February 2024 21,980
At 28 February 2023 20,783

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,440 -
Other debtors 7,028 3,739
12,468 3,739

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,000 8,000
Hire purchase contracts 30,787 131,757
Trade creditors 1,315 4,071
Taxation and social security 5,113 16,072
Other creditors 7,631 83,668
52,846 243,568

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,003 20,003
Hire purchase contracts 90,500 -
102,503 20,003

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,700 (2023 - £37,700) were paid to the director .

WE SELL ANY CAR PRIVATELY LIMITED (REGISTERED NUMBER: 08402187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is P C Ireland.