SC409267falseMotor Vehicle Delivery and Sales2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC409267

L L Car Sales Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
The Number Crunchers (Edinburgh) Ltd

L L Car Sales Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Kevin Stephen Bridge
REGISTERED OFFICE
52 Glenhead Drive
Motherwell
ML1 2DS
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC409267
BANKERS
RBS, 128 Bath Street, Glasgow. G2 2DR
ACCOUNTANTS
The Number Crunchers (Edinburgh) Ltd

L L Car Sales Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

L L Car Sales Ltd

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3105299
CURRENT ASSETS
Stock60,50079,386
Debtors511,65029,200
Cash at bank and in hand12,5041,403
84,654109,989
CREDITORS: Amounts falling due within one year646,89358,697
NET CURRENT ASSETS37,76151,292
TOTAL ASSETS LESS CURRENT LIABILITIES37,86651,591
CREDITORS: Amounts falling due after more than one year737,73351,393
NET ASSETS133198
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account3398
SHAREHOLDERS' FUNDS133198
For the year ending 31/03/2024 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/09/2024 and signed on their behalf by
.............................
Kevin Stephen Bridge
Director

L L Car Sales Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

L L Car Sales Ltd

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20231,4701,470
At 31/03/20241,4701,470
Depreciation
At 01/04/20231,1711,171
For the year194194
At 31/03/20241,3651,365
Net Book Amounts
At 31/03/2024105105
At 31/03/2023299299
4. STOCK 20242023
££
Stock comprises:
Stock60,50079,386
60,50079,386
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors11,65029,200
11,65029,200

L L Car Sales Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax2,4153,347
VAT5,7453,422
Salaries and wages control1,048-
Directors current account19,13818,915
Loans8,0008,000
Loans5,0005,000
Credit card1,621632
Trade creditors2,27617,881
Accruals1,6501,500
46,89358,697
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr37,73351,393
37,73351,393
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100