SORRELLE VEHICLE SALES LIMITED

Company Registration Number:
04717572 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SORRELLE VEHICLE SALES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SORRELLE VEHICLE SALES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 168,644 109,513
Total fixed assets: 168,644 109,513
Current assets
Stocks: 23,290 22,533
Debtors: 4 92,256 82,997
Cash at bank and in hand: 1,323 3,235
Total current assets: 116,869 108,765
Creditors: amounts falling due within one year: 5 (99,328) (78,839)
Net current assets (liabilities): 17,541 29,926
Total assets less current liabilities: 186,185 139,439
Creditors: amounts falling due after more than one year: 6 (110,803) (80,786)
Provision for liabilities: (2,084) (2,084)
Total net assets (liabilities): 73,298 56,569
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 73,297 56,568
Shareholders funds: 73,298 56,569

The notes form part of these financial statements

SORRELLE VEHICLE SALES LIMITED

Balance sheet statements

For the year ending 31 March 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 05 May 2024
and signed on behalf of the board by:

Name: W LISKUS
Status: Director

The notes form part of these financial statements

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 11 11

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 476,991
Additions 86,163
At 31 March 2024 563,154
Depreciation
At 01 April 2023 367,478
Charge for year 27,032
At 31 March 2024 394,510
Net book value
At 31 March 2024 168,644
At 31 March 2023 109,513

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Bank Loans 36094Trade Creditors 43742Accruals 2850Corporation Tax 9026HMRC 596Connected Party7020

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

Creditors under finance leases 110803

SORRELLE VEHICLE SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Related party transactions

Name of the related party: Sorrelle Transport Ltd
Relationship:
Connected Party WR Liskus Director controlling party
Description of the Transaction: Loan of 7020
£
Balance at 01 April 2023 0
Balance at 31 March 2024 7,020