Acorah Software Products - Accounts Production 15.0.600 false true false 21 September 2022 30 September 2023 30 September 2023 SC745002 Mr Harwz Mohammad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC745002 2022-09-20 SC745002 2023-09-30 SC745002 2022-09-21 2023-09-30 SC745002 frs-core:CurrentFinancialInstruments 2023-09-30 SC745002 frs-core:FurnitureFittings 2023-09-30 SC745002 frs-core:FurnitureFittings 2022-09-21 2023-09-30 SC745002 frs-core:FurnitureFittings 2022-09-20 SC745002 frs-core:ShareCapital 2023-09-30 SC745002 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC745002 frs-bus:PrivateLimitedCompanyLtd 2022-09-21 2023-09-30 SC745002 frs-bus:FilletedAccounts 2022-09-21 2023-09-30 SC745002 frs-bus:SmallEntities 2022-09-21 2023-09-30 SC745002 frs-bus:AuditExempt-NoAccountantsReport 2022-09-21 2023-09-30 SC745002 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-21 2023-09-30 SC745002 frs-bus:Director1 2022-09-21 2023-09-30 SC745002 frs-countries:Scotland 2022-09-21 2023-09-30
Registered number: SC745002
Carfin Car Wash Ltd
Unaudited Financial Statements
For the Period 21 September 2022 to 30 September 2023
AMN ACCOUNTANTS
121B Dormanside Road
Glasgow
G53 5XS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC745002
30 September 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,035
1,035
CURRENT ASSETS
Stocks 5 175
Cash at bank and in hand 635
810
Creditors: Amounts Falling Due Within One Year 6 (4,025 )
NET CURRENT ASSETS (LIABILITIES) (3,215 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,180 )
NET LIABILITIES (2,180 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (2,280 )
SHAREHOLDERS' FUNDS (2,180)
For the period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Harwz Mohammad
Director
20/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Carfin Car Wash Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC745002 . The registered office is 102-110 Carfin Road, Newarthill, ML1 5JZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on reducing balance method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 21 September 2022 -
Additions 1,379
As at 30 September 2023 1,379
Depreciation
As at 21 September 2022 -
Provided during the period 344
As at 30 September 2023 344
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 September 2023 1,035
As at 21 September 2022 -
5. Stocks
30 September 2023
£
Stock 175
6. Creditors: Amounts Falling Due Within One Year
30 September 2023
£
Other creditors 3,500
Taxation and social security 525
4,025
7. Share Capital
30 September 2023
£
Allotted, Called up and fully paid 100
Page 3