CRAWLEY CAR COMPANY LTD

Company Registration Number:
05446136 (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

CRAWLEY CAR COMPANY LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

CRAWLEY CAR COMPANY LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 375,500 375,500
Tangible assets: 4 113,622 75,635
Total fixed assets: 489,122 451,135
Current assets
Debtors: 5 77,090 159,051
Cash at bank and in hand:   3,411
Total current assets: 77,090 162,462
Creditors: amounts falling due within one year: 6 (308,651) (343,962)
Net current assets (liabilities): (231,561) (181,500)
Total assets less current liabilities: 257,561 269,635
Creditors: amounts falling due after more than one year: 7 (171,734) (216,134)
Total net assets (liabilities): 85,827 53,501
Capital and reserves
Called up share capital: 1,500 1,500
Profit and loss account: 84,327 52,001
Shareholders funds: 85,827 53,501

The notes form part of these financial statements

CRAWLEY CAR COMPANY LTD

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 31 July 2024
and signed on behalf of the board by:

Name: Mr L Khan
Status: Director

The notes form part of these financial statements

CRAWLEY CAR COMPANY LTD

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

Turnover policy

The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write each asset over its estimated useful life.Office Equipment 25% Reducing BalanceMotor Vehicles 25% Reducing BalancePlant and Machinery 25% Reducing Balance

Other accounting policies

Pension CostsThe company operates a defined contribution pension scheme for employees. The annual contributions payable are charged to the profit and loss account.

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 26 31

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 375,500
At 31 October 2023 375,500
Net book value
At 31 October 2023 375,500
At 31 October 2022 375,500

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 186,784
Additions 54,500
At 31 October 2023 241,284
Depreciation
At 01 November 2022 111,149
Charge for year 16,513
At 31 October 2023 127,662
Net book value
At 31 October 2023 113,622
At 31 October 2022 75,635

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

All Trade Debtors

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due within one year note

2023 2022Bank loans and overdrafts 60906 59400Trade Creditors 10975 11643Corporation Tax 29187 40490Other taxation and social security 173319 172767Accruals and deferred income 403 59507Other creditors 33861 155Total 308651 343962

CRAWLEY CAR COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Creditors: amounts falling due after more than one year note

2023 2022Bank loans 121734 216134Other creditors 50000 35000Total 171734 216134