Company registration number:
04516514
BANSAL GARAGE LIMITED
Unaudited filleted financial statements
31 December 2023
Robinson Sterling
Business Advisory, Taxation & Strategic Planning Consultants
616D Green Lane
Ilford
Essex IG3 9SE
Tel. No. 020 8598 4130
Fax No. 020 8598 4140
Email: post@robinsonsterling.com
Web: www.robinsonsterling.com
BANSAL GARAGE LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
BANSAL GARAGE LIMITED
Directors and other information
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Directors |
Mr Daljit S Bansal |
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Mrs Parminder K Bansal |
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Secretary |
Mrs Parminder K Bansal |
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Company number |
04516514 |
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Registered office |
8 Greenleaf Drive |
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Barkingside |
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Ilford |
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Essex |
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IG6 1LL |
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Business address |
2A Millais Road |
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Leytonstone |
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London |
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E11 4HD |
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Accountants |
Robinson Sterling |
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616D Green Lane |
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Ilford |
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Essex |
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IG3 9SE |
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BANSAL GARAGE LIMITED
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of BANSAL GARAGE LIMITED
Year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BANSAL GARAGE LIMITED for the year ended 31 December 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of BANSAL GARAGE LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of BANSAL GARAGE LIMITED and state those matters that we have agreed to state to the board of directors of BANSAL GARAGE LIMITED as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BANSAL GARAGE LIMITED and its board of directors as a body for our work or for this report.
It is your duty to ensure that BANSAL GARAGE LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BANSAL GARAGE LIMITED. You consider that BANSAL GARAGE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of BANSAL GARAGE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Robinson Sterling
Chartered Accountants
616D Green Lane
Ilford
Essex
IG3 9SE
19 September 2024
BANSAL GARAGE LIMITED
Statement of financial position
31 December 2023
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2023 |
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2022 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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496 |
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621 |
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_______ |
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_______ |
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Current assets |
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38,288 |
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67,667 |
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Prepayments and accrued income |
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- |
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823 |
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_______ |
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_______ |
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38,288 |
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68,490 |
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Creditors: amounts falling due within one year |
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(
3,999) |
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(
22,356) |
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_______ |
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_______ |
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Net current assets |
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34,289 |
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46,134 |
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_______ |
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Total assets less current liabilities |
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34,785 |
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46,755 |
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Creditors: amounts falling due after more than one year |
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(
6,414) |
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(
12,745) |
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Accruals and deferred income |
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(
2,680) |
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(
2,380) |
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_______ |
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Net assets |
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25,691 |
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31,630 |
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_______ |
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Capital and reserves |
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25,691 |
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31,630 |
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_______ |
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BANSAL GARAGE LIMITED
Year ended 31 December 2023
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2022:
3
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Daljit S Bansal |
16,509 |
- |
(
17,356) |
(
847) |
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Mrs Parminder K Bansal |
16,509 |
- |
(
17,356) |
(
847) |
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_______ |
_______ |
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33,018 |
- |
(
34,712) |
(
1,694) |
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_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Daljit S Bansal |
8,562 |
7,947 |
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16,509 |
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Mrs Parminder K Bansal |
8,562 |
7,947 |
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16,509 |
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17,124 |
15,894 |
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33,018 |
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_______ |
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The company owed to the directors as at the year end 31 December 2023 as above.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
19 September 2024
, and are signed on behalf of the board by:
Mr Daljit S Bansal
Director
Company registration number:
04516514
The company is a private company limited by shares, registered in England and Wales.