Company Registration No. 13875345 (England and Wales)
Phil Sherratt Cars Limited
Unaudited accounts
for the year ended 31 January 2024
Phil Sherratt Cars Limited
Unaudited accounts
Contents
Phil Sherratt Cars Limited
Company Information
for the year ended 31 January 2024
Company Number
13875345 (England and Wales)
Registered Office
5 EASTERN AVENUE
BURTON-ON-TRENT
DE13 0AT
ENGLAND
Accountants
Charterhouse Accountants
5 Eastgate Business Centre
Eastern Avenue
Burton on Trent
Staffordshire
DE13 0AT
Phil Sherratt Cars Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
(2,610)
(6,506)
Creditors: amounts falling due within one year
(3,542)
(6,914)
Net current assets
16,956
13,920
Total assets less current liabilities
32,319
13,920
Creditors: amounts falling due after more than one year
(3,555)
(4,263)
Called up share capital
10
10
Profit and loss account
28,754
9,647
Shareholders' funds
28,764
9,657
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 21 August 2024 and were signed on its behalf by
Mr Phil Sherratt
Director
Company Registration No. 13875345
Phil Sherratt Cars Limited
Notes to the Accounts
for the year ended 31 January 2024
Phil Sherratt Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 13875345. The registered office is 5 EASTERN AVENUE, BURTON-ON-TRENT, DE13 0AT, 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.
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.
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Accrued income and prepayments
-
490
Amounts falling due after more than one year
Accrued income and prepayments
870
-
Phil Sherratt Cars Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,310
2,588
Taxes and social security
(3,555)
-
Loans from directors
1,055
1,972
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
3,555
4,263
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).