Company Registration No. 12014682 (England and Wales)
Car Bazaar Ltd
Unaudited accounts
for the year ended 31 May 2024
Car Bazaar Ltd
Unaudited accounts
Contents
Car Bazaar Ltd
Company Information
for the year ended 31 May 2024
Directors
Habib Hussain
Hadeel Hussain
Company Number
12014682 (England and Wales)
Registered Office
16 Julian Road
Sheffield
S9 1FZ
England
Car Bazaar Ltd
Statement of financial position
as at 31 May 2024
Inventories
265,850
315,000
Cash at bank and in hand
15,882
57,601
Creditors: amounts falling due within one year
(115,316)
(218,552)
Net current assets
169,806
167,334
Total assets less current liabilities
169,806
167,334
Creditors: amounts falling due after more than one year
(28,595)
(34,383)
Net assets
141,211
132,951
Called up share capital
1
1
Profit and loss account
141,210
132,950
Shareholders' funds
141,211
132,951
For the year ending 31 May 2024 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 27 August 2024 and were signed on its behalf by
Habib Hussain
Director
Company Registration No. 12014682
Car Bazaar Ltd
Notes to the Accounts
for the year ended 31 May 2024
Car Bazaar Ltd is a private company, limited by shares, registered in England and Wales, registration number 12014682. The registered office is 16 Julian Road, Sheffield, S9 1FZ, England.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,719
6,720
Taxes and social security
2,072
9,920
Other creditors
104,256
201,912
Loans from directors
2,269
-
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).