FLORA MOTORS LIMITED

Company Registration Number:
00978990 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

FLORA MOTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

FLORA MOTORS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 65,226 77,382
Total fixed assets: 65,226 77,382
Current assets
Stocks: 324,191 450,344
Debtors: 4 596,555 557,995
Cash at bank and in hand: 819,302 626,603
Total current assets: 1,740,048 1,634,942
Creditors: amounts falling due within one year: 5 (484,246) (540,848)
Net current assets (liabilities): 1,255,802 1,094,094
Total assets less current liabilities: 1,321,028 1,171,476
Provision for liabilities: (1,011) (1,011)
Total net assets (liabilities): 1,320,017 1,170,465
Capital and reserves
Called up share capital: 3,000 3,000
Other reserves: 3,300 3,300
Profit and loss account: 1,313,717 1,164,165
Shareholders funds: 1,320,017 1,170,465

The notes form part of these financial statements

FLORA MOTORS LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 29 August 2024
and signed on behalf of the board by:

Name: W P Bosustow
Status: Director

The notes form part of these financial statements

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 16 15

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 556,843
At 31 December 2023 556,843
Depreciation
At 01 January 2023 479,461
Charge for year 12,156
At 31 December 2023 491,617
Net book value
At 31 December 2023 65,226
At 31 December 2022 77,382

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Trade Creditors 263737 Taxation 94182 Other Creditors 126327 Total 484246

FLORA MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Related party transactions

Name of the related party: Flora Motors Cornwall Ltd
Relationship:
Sister company
Description of the Transaction: 58000 loan to the company
£
Balance at 01 January 2023 58,000
Balance at 31 December 2023 58,000