WORLD OF SUPERCARS LTD

Company Registration Number:
07115241 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

WORLD OF SUPERCARS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

WORLD OF SUPERCARS LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,032 1,376
Total fixed assets: 1,032 1,376
Current assets
Stocks: 634,960 564,397
Debtors:   75,328 54,773
Cash at bank and in hand: 701,622 552,497
Total current assets: 1,411,910 1,171,667
Creditors: amounts falling due within one year:   (173,490) (83,526)
Net current assets (liabilities): 1,238,420 1,088,141
Total assets less current liabilities: 1,239,452 1,089,517
Total net assets (liabilities): 1,239,452 1,089,517
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,239,451 1,089,516
Shareholders funds: 1,239,452 1,089,517

The notes form part of these financial statements

WORLD OF SUPERCARS LTD

Balance sheet statements

For the year ending 31 January 2024 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 28 July 2024
and signed on behalf of the board by:

Name: Vijay Ravat
Status: Director

The notes form part of these financial statements

WORLD OF SUPERCARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

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

WORLD OF SUPERCARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

WORLD OF SUPERCARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 9,208
At 31 January 2024 9,208
Depreciation
At 01 February 2023 7,832
Charge for year 344
At 31 January 2024 8,176
Net book value
At 31 January 2024 1,032
At 31 January 2023 1,376