CIRCUIT CAR SALES LIMITED

Company Registration Number:
08752013 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

CIRCUIT CAR SALES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

CIRCUIT CAR SALES LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,435 3,108
Total fixed assets: 2,435 3,108
Current assets
Stocks: 148,002 144,271
Cash at bank and in hand: 8,058 27,801
Total current assets: 156,060 172,072
Creditors: amounts falling due within one year:   (25,520) (45,621)
Net current assets (liabilities): 130,540 126,451
Total assets less current liabilities: 132,975 129,559
Creditors: amounts falling due after more than one year:   (62,380) (57,000)
Total net assets (liabilities): 70,595 72,559
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 70,593 72,557
Shareholders funds: 70,595 72,559

The notes form part of these financial statements

CIRCUIT CAR SALES LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 July 2024
and signed on behalf of the board by:

Name: KEVIN JONES
Status: Director

The notes form part of these financial statements

CIRCUIT CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CIRCUIT CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

CIRCUIT CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 33,129
Additions 782
At 31 October 2023 33,911
Depreciation
At 01 November 2022 30,021
Charge for year 1,455
At 31 October 2023 31,476
Net book value
At 31 October 2023 2,435
At 31 October 2022 3,108