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REGISTERED NUMBER: 12046393 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

A2 Settle Cars Limited

A2 Settle Cars Limited (Registered number: 12046393)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

A2 Settle Cars Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Mr L R Williams





REGISTERED OFFICE: 47a Park Street
Bootle
Liverpool
L20 3DF





REGISTERED NUMBER: 12046393 (England and Wales)





ACCOUNTANTS: V & R Accountancy Services Limited
Chartered Certified Accountants
Cropton House
Three Tuns Lane
Formby
Merseyside
L37 4AQ

A2 Settle Cars Limited (Registered number: 12046393)

Abridged Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,231 12,307

CURRENT ASSETS
Debtors 24,045 23,107
Cash at bank 956 2,429
25,001 25,536
CREDITORS
Amounts falling due within one year 10,234 7,890
NET CURRENT ASSETS 14,767 17,646
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,998

29,953

CREDITORS
Amounts falling due after more than one
year

25,599

29,753
NET (LIABILITIES)/ASSETS (1,601 ) 200

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (1,801 ) -
SHAREHOLDERS' FUNDS (1,601 ) 200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

A2 Settle Cars Limited (Registered number: 12046393)

Abridged Balance Sheet - continued
30 June 2023


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Mr L R Williams - Director


A2 Settle Cars Limited (Registered number: 12046393)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

A2 Settle Cars 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

A2 Settle Cars Limited (Registered number: 12046393)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 24,506
DEPRECIATION
At 1 July 2022 12,199
Charge for year 3,076
At 30 June 2023 15,275
NET BOOK VALUE
At 30 June 2023 9,231
At 30 June 2022 12,307

5. RELATED PARTY DISCLOSURES

During the year, Mr L Williams Company Director, was received finance of £4,297 from the Company. At 30th June 2023, Mr L Williams owed £24,045 to the company.

A1 Settle Cars Limited, a Company under the control of Mr L Williams, provided finance to the company to the amount of £6,639 during the year. At 30th June 2023, A1 Settle Cars Limited was owed £3,280 from the Company.

No amounts have been written off in relation to related party transactions and no provisions are considered necessary.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
A2 Settle Cars Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A2 Settle Cars Limited for the year ended 30 June 2023 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A2 Settle Cars Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A2 Settle Cars Limited and state those matters that we have agreed to state to the Board of Directors of A2 Settle Cars Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A2 Settle Cars 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 loss of A2 Settle Cars Limited. You consider that A2 Settle Cars 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 A2 Settle Cars 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.






V & R Accountancy Services Limited
Chartered Certified Accountants
Cropton House
Three Tuns Lane
Formby
Merseyside
L37 4AQ


24 September 2024