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REGISTERED NUMBER: 03780489 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2023 to 31 July 2024

for

Southgate Vehicle Rental Limited

Southgate Vehicle Rental Limited (Registered number: 03780489)






Contents of the Financial Statements
for the Period 1 October 2023 to 31 July 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Southgate Vehicle Rental Limited

Company Information
for the Period 1 October 2023 to 31 July 2024







DIRECTORS: P G Rendell
Miss L Rendell
A G Rendell





REGISTERED OFFICE: 30 Bankside Court
Stationfields
Kidlington
Oxford
Oxfordshire
OX5 1JE





REGISTERED NUMBER: 03780489 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Southgate Vehicle Rental Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Southgate Vehicle Rental Limited for the period ended 31 July 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Southgate Vehicle Rental Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Southgate Vehicle Rental Limited and state those matters that we have agreed to state to the Board of Directors of Southgate Vehicle Rental Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Southgate Vehicle Rental Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Southgate Vehicle Rental Limited. You consider that Southgate Vehicle Rental Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Southgate Vehicle Rental Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Southgate Vehicle Rental Limited (Registered number: 03780489)

Balance Sheet
31 July 2024

31/7/24 30/9/23
Notes £    £   
CURRENT ASSETS
Debtors 4 680 -
Cash at bank 646,861 794,809
647,541 794,809
CREDITORS
Amounts falling due within one year 5 (4,864 ) (158,341 )
NET CURRENT ASSETS 642,677 636,468
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,677

636,468

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 642,675 636,466
642,677 636,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Southgate Vehicle Rental Limited (Registered number: 03780489)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





P G Rendell - Director


Southgate Vehicle Rental Limited (Registered number: 03780489)

Notes to the Financial Statements
for the Period 1 October 2023 to 31 July 2024

1. STATUTORY INFORMATION

Southgate Vehicle Rental Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 8 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 30/9/23
£    £   
Other debtors 680 -

Southgate Vehicle Rental Limited (Registered number: 03780489)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 July 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 30/9/23
£    £   
Trade creditors 3,408 -
Taxation and social security 1,457 38,281
Other creditors (1 ) 120,060
4,864 158,341

6. RELATED PARTY DISCLOSURES

During the period the company had the following transactions and outstanding balances with a related party that is under the common control:
31/7/24 30/9/23
£ £
Sales made during the period Nil Nil
Purchases made during the period Nil 324,115
Amount due from/(to) related party at the end of the period Nil (91,847 )