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Company Registration No. 6816620 (England and Wales)
Metro Cars North West Limited Unaudited accounts for the year ended 31 March 2024
Metro Cars North West Limited Unaudited accounts Contents
Page
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Metro Cars North West Limited Company Information for the year ended 31 March 2024
Director
Nicholas Astley
Company Number
6816620 (England and Wales)
Registered Office
Metro House Tonge Moor Road Bolton BL2 2HT England
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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Metro Cars North West Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,784 
102,819 
Investment property
173,250 
173,250 
Investments
150,198 
150,198 
336,232 
426,267 
Current assets
Debtors
72,366 
51,724 
Cash at bank and in hand
711,680 
532,399 
784,046 
584,123 
Creditors: amounts falling due within one year
(135,508)
(72,289)
Net current assets
648,538 
511,834 
Total assets less current liabilities
984,770 
938,101 
Provisions for liabilities
Deferred tax
- 
(4,340)
Net assets
984,770 
933,761 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
984,670 
933,661 
Shareholders' funds
984,770 
933,761 
For the year ending 31 March 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 director acknowledges his 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 the year in accordance with Section 444(2A).
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 18 September 2024 and were signed on its behalf by
Nicholas Astley Director Company Registration No. 6816620
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Metro Cars North West Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Metro Cars North West Limited is a private company, limited by shares, registered in England and Wales, registration number 6816620. The registered office is Metro House, Tonge Moor Road, Bolton, BL2 2HT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill - 10% Straight Line Method
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
15% Reducing balance method
Fixtures & fittings
15% Reducing balance method
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
204,500 
At 31 March 2024
204,500 
Amortisation
At 1 April 2023
204,500 
At 31 March 2024
204,500 
Net book value
At 31 March 2024
- 
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Metro Cars North West Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
154,589 
Additions
4,340 
Disposals
(127,500)
At 31 March 2024
31,429 
Depreciation
At 1 April 2023
51,770 
Charge for the year
2,256 
On disposals
(35,381)
At 31 March 2024
18,645 
Net book value
At 31 March 2024
12,784 
At 31 March 2023
102,819 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 23 (2023: 23).
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