Company Registration No. 06761437 (England and Wales)
Northside Car & Commercial Ltd
Unaudited accounts
for the year ended 30 November 2023
Northside Car & Commercial Ltd
Unaudited accounts
Contents
Northside Car & Commercial Ltd
Company Information
for the year ended 30 November 2023
Company Number
06761437 (England and Wales)
Registered Office
Oak Dene
Doncaster Road, Askern
Doncaster
DN6 9JB
United Kingdom
Accountants
NISAR RAJA
INTERNATIONAL ACCOUNTANTS
21 DUCKWORTH LANE
BRADFORD
WEST YORKSHIRE
BD9 5ER
Northside Car & Commercial Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
125,408
93,431
Inventories
166,801
79,175
Cash at bank and in hand
1,999,708
2,941,391
Creditors: amounts falling due within one year
(381,239)
(1,025,425)
Net current assets
2,276,715
2,362,141
Net assets
2,402,123
2,455,572
Called up share capital
100
100
Profit and loss account
2,402,023
2,455,472
Shareholders' funds
2,402,123
2,455,572
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 29 August 2024 and were signed on its behalf by
DAVID KNOWLES
Director
Company Registration No. 06761437
Northside Car & Commercial Ltd
Notes to the Accounts
for the year ended 30 November 2023
Northside Car & Commercial Ltd is a private company, limited by shares, registered in England and Wales, registration number 06761437. The registered office is Oak Dene , Doncaster Road, Askern, Doncaster, DN6 9JB, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% on reducing balance
Fixtures & fittings
18% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
1,975
130,059
21,019
153,053
Additions
-
47,703
11,802
59,505
At 30 November 2023
1,975
177,762
32,821
212,558
At 1 December 2022
986
47,130
11,506
59,622
Charge for the year
152
23,441
3,935
27,528
At 30 November 2023
1,138
70,571
15,441
87,150
At 30 November 2023
837
107,191
17,380
125,408
At 30 November 2022
989
82,929
9,513
93,431
Northside Car & Commercial Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
367,000
367,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,500
7,500
Taxes and social security
87,936
488,390
Proposed dividends
270,000
500,000
Loans from directors
15,803
29,535
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).