Company registration number 05234617 (England and Wales)
CAR DESIGN NEWS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
CAR DESIGN NEWS LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
CAR DESIGN NEWS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
1,150
1,150
Net current assets
1,150
1,150
Capital and reserves
Called up share capital
4
20
20
Share premium account
55,727
55,727
Profit and loss reserves
(54,597)
(54,597)
Total equity
1,150
1,150

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 September 2024 and are signed on its behalf by:
K J O Ulrich
Director
Company registration number 05234617 (England and Wales)
CAR DESIGN NEWS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information

Car Design News Limited is a private company limited by shares incorporated in England and Wales. The registered office is 401 King Street, Hammersmith, London, W6 9NJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 and 31 December 2023
7,884
Depreciation and impairment
At 1 January 2023 and 31 December 2023
7,884
Carrying amount
At 31 December 2023
-
0
At 31 December 2022
-
0
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,150
1,150
CAR DESIGN NEWS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
4
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
20 Ordinary of £1 each
20
20
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