GJC Car Sales Limited 15014096 Sale of used cars and light motor vehicles false 19 July 2023 15014096 2023-07-19 2024-07-31 15014096 2023-07-18 15014096 2024-07-31 15014096 frs102-bus:FRS102 2023-07-19 2024-07-31 15014096 frs102-bus:PrivateLimitedCompanyLtd 2023-07-19 2024-07-31 15014096 frs102-bus:FullAccounts 2023-07-19 2024-07-31 15014096 frs102-bus:AuditExempt-NoAccountantsReport 2023-07-19 2024-07-31 15014096 frs102-core:CurrentFinancialInstruments 2024-07-31 15014096 frs102-core:Non-currentFinancialInstruments 2024-07-31 15014096 frs102-core:ShareCapital 2024-07-31 15014096 frs102-core:RetainedEarningsAccumulatedLosses 2024-07-31 15014096 frs102-bus:Director1 2023-07-19 2024-07-31 15014096 frs102-core:ToolsEquipment 2023-07-19 2024-07-31 15014096 frs102-core:ToolsEquipment 2024-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
15014096
GJC Car Sales Limited
Unaudited Accounts
for the period
19 July 2023 to 31 July 2024
GJC Car Sales Limited
Balance Sheet
as at 31 July 2024
Notes
2024
£
Fixed assets
Tangible assets 3 5,312
5,312
Current assets
Stocks 115,000
Debtors 2,714
Cash at bank and in hand 5,999
123,713
Creditors: amounts falling due within one year (48,767)
Net current assets / (liabilities) 74,946
Total assets less current liabilities 80,258
Creditors: amounts falling due after more than one year (33,831)
Provisions for liabilities (0)
Accruals and deferred income (300)
Total net assets (liabilities) 46,127
Capital and reserves
Called up share capital 100
Profit and loss account 46,027
Shareholders' funds 46,127

GJC Car Sales Limited
Balance Sheet
as at 31 July 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 31 July 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.

Signed on behalf of the board of directors

...............................

Mr M Fayad

Director


Approved by the board on 20 August 2024

Company Number: 15014096 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

2a Canal Way
Canal Way
London
W10 5AZ
England

GJC Car Sales Limited
Notes to the Accounts
for the period 19 July 2023 to 31 July 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Tools & equipment 15% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2024
Average number of employees during the period 1

3. Tangible fixed assets
Tools & equipment Total
Cost or valuation £ £
Additions 6,250 6,250
At 31 July 2024 6,250 6,250
Depreciation
Charge for the period 938 938
At 31 July 2024 938 938
Net book value
At 31 July 2024 5,312 5,312
At 18 July 2023 0 0