Company Registration No. 04543682 (England and Wales)
COTSWOLD VAN CENTRE LTD
Unaudited accounts
for the year ended 31 January 2024
COTSWOLD VAN CENTRE LTD
Unaudited accounts
Contents
COTSWOLD VAN CENTRE LTD
Company Information
for the year ended 31 January 2024
Director
Thomas James Ingram
Company Number
04543682 (England and Wales)
Registered Office
COTSWOLD VAN CENTRE COTSWOLD VAN CENTRE
SHURDINGTON ROAD
SHURDINGTON CHELTENHAM
GLOUCESTERSHIRE
GL51 4XA
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
COTSWOLD VAN CENTRE LTD
Statement of financial position
as at 31 January 2024
Intangible assets
33,750
33,750
Tangible assets
26,820
22,162
Inventories
456,184
474,999
Cash at bank and in hand
13,461
(6,504)
Creditors: amounts falling due within one year
(182,202)
(148,133)
Net current assets
291,810
336,311
Total assets less current liabilities
352,380
392,223
Creditors: amounts falling due after more than one year
(82,915)
(106,223)
Provisions for liabilities
Deferred tax
(3,295)
(3,295)
Net assets
266,170
282,705
Called up share capital
100
100
Profit and loss account
266,070
282,605
Shareholders' funds
266,170
282,705
For the year ending 31 January 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.
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 20 August 2024 and were signed on its behalf by
Thomas James Ingram
Director
Company Registration No. 04543682
COTSWOLD VAN CENTRE LTD
Notes to the Accounts
for the year ended 31 January 2024
COTSWOLD VAN CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 04543682. The registered office is COTSWOLD VAN CENTRE COTSWOLD VAN CENTRE, SHURDINGTON ROAD, SHURDINGTON CHELTENHAM, GLOUCESTERSHIRE, GL51 4XA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Written off in a straight line over the useful life
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 February 2023
225,000
At 31 January 2024
225,000
At 1 February 2023
191,250
At 31 January 2024
191,250
COTSWOLD VAN CENTRE LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
57,779
60,283
30,600
31,311
179,973
Additions
-
7,883
-
2,560
10,443
At 31 January 2024
57,779
68,166
30,600
33,871
190,416
At 1 February 2023
51,488
47,520
28,333
30,470
157,811
Charge for the year
1,068
3,687
567
463
5,785
At 31 January 2024
52,556
51,207
28,900
30,933
163,596
At 31 January 2024
5,223
16,959
1,700
2,938
26,820
At 31 January 2023
6,291
12,763
2,267
841
22,162
Amounts falling due within one year
Accrued income and prepayments
1,817
4
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,668
32,710
Trade creditors
104,468
59,308
Taxes and social security
4,273
29,858
Loans from directors
43,590
13,196
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).