Company Registration No. 09246394 (England and Wales)
DREAM CARS WINCHESTER LTD
Unaudited accounts
for the year ended 31 October 2023
DREAM CARS WINCHESTER LTD
Unaudited accounts
Contents
DREAM CARS WINCHESTER LTD
Company Information
for the year ended 31 October 2023
Director
Muhammad Tanveer Furkan
Company Number
09246394 (England and Wales)
Registered Office
19 NICHOLS ROAD
southampton
HAMSPHIRE
SO14 0NS
United Kingdom
Accountants
Rapid Accountants Ltd
348 Portswood Road,
southampton
England
SO17 3SB
DREAM CARS WINCHESTER LTD
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
14,705
18,192
Creditors: amounts falling due within one year
(5,327)
(9,008)
Net current assets
9,378
9,184
Called up share capital
20
20
Profit and loss account
10,345
10,406
Shareholders' funds
10,365
10,426
For the year ending 31 October 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 29 July 2024 and were signed on its behalf by
Muhammad Tanveer Furkan
Director
Company Registration No. 09246394
DREAM CARS WINCHESTER LTD
Notes to the Accounts
for the year ended 31 October 2023
DREAM CARS WINCHESTER LTD is a private company, limited by shares, registered in England and Wales, registration number 09246394. The registered office is 19 NICHOLS ROAD, southampton, HAMSPHIRE, SO14 0NS, 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:
Other tangible fixed assets
20%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
8,610
449
9,059
At 31 October 2023
8,610
449
9,059
At 1 November 2022
7,495
322
7,817
Charge for the year
223
32
255
At 31 October 2023
7,718
354
8,072
At 31 October 2023
892
95
987
At 31 October 2022
1,115
127
1,242
DREAM CARS WINCHESTER LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
14,565
13,496
Loans from directors
(9,838)
(4,488)
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).