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REGISTERED NUMBER: 04598521 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Steve Rowlands Car Sales Limited

Steve Rowlands Car Sales Limited (Registered number: 04598521)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Steve Rowlands Car Sales Limited

Company Information
for the Year Ended 31 December 2023







Director: S Rowlands





Registered office: Margaret Street
Pontygwaith
Ferndale
Rhondda Cynon Taff
CF43 3EH





Registered number: 04598521 (England and Wales)





Accountants: Curtis, Bowden and Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
Rhondda Cynon Taff
CF40 1AR

Steve Rowlands Car Sales Limited (Registered number: 04598521)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
Fixed assets
Tangible assets 4 22,165 14,858

Current assets
Stocks 263,522 302,362
Cash at bank and in hand 28,514 1,000
292,036 303,362
Creditors
Amounts falling due within one year 5 113,791 130,553
Net current assets 178,245 172,809
Total assets less current liabilities 200,410 187,667

Creditors
Amounts falling due after more than one
year

6

15,159

35,639
Net assets 185,251 152,028

Capital and reserves
Called up share capital 100 100
Retained earnings 185,151 151,928
Shareholders' funds 185,251 152,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Steve Rowlands Car Sales Limited (Registered number: 04598521)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





S Rowlands - Director


Steve Rowlands Car Sales Limited (Registered number: 04598521)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Steve Rowlands Car Sales 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.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 January 2023 41,071
Additions 11,180
Disposals (6,144 )
At 31 December 2023 46,107
Depreciation
At 1 January 2023 26,213
Charge for year 3,873
Eliminated on disposal (6,144 )
At 31 December 2023 23,942
Net book value
At 31 December 2023 22,165
At 31 December 2022 14,858

5. Creditors: amounts falling due within one year
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,648 44,157
Trade creditors 12,399 5,722
Taxation and social security 25,078 19,618
Other creditors 65,666 61,056
113,791 130,553

6. Creditors: amounts falling due after more than one year
31.12.23 31.12.22
£    £   
Other creditors 15,159 35,639

Steve Rowlands Car Sales Limited (Registered number: 04598521)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. Director's advances, credits and guarantees

Included in creditors is an amount of £65,666 due to Mr Rowlands the company director which is interest free and due within 12 months.

8. Related party disclosures

The company trades from premises owned by the directors. Rent of £9,600 has been charged for the use of these premises.

9. Ultimate controlling party

The controlling party is S Rowlands.