Company Registration No. 12741428 (England and Wales)
B2 CARSALES LIMITED
Unaudited accounts
for the year ended 31 July 2023
B2 CARSALES LIMITED
Unaudited accounts
Contents
B2 CARSALES LIMITED
Company Information
for the year ended 31 July 2023
Directors
Vytautas Mickevicius
Mindaugas Mickevicius
Company Number
12741428 (England and Wales)
Registered Office
56 Swallow Rise
hatham
ME5 7PR
B2 CARSALES LIMITED
Statement of financial position
as at 31 July 2023
Inventories
451,093
168,926
Cash at bank and in hand
29,450
843
Creditors: amounts falling due within one year
(361,099)
(136,112)
Net current assets
119,444
33,657
Total assets less current liabilities
123,689
33,657
Creditors: amounts falling due after more than one year
(10,290)
(17,048)
Called up share capital
1
1
Profit and loss account
113,398
16,608
Shareholders' funds
113,399
16,609
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by
Mindaugas Mickevicius
Director
Company Registration No. 12741428
B2 CARSALES LIMITED
Notes to the Accounts
for the year ended 31 July 2023
B2 CARSALES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12741428. The registered office is 56 Swallow Rise, hatham, ME5 7PR.
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:
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,844
6,758
Taxes and social security
35,155
18,612
Other creditors
4,300
2,500
Loans from directors
36,974
108,242
B2 CARSALES LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).