Company Registration No. 11152335 (England and Wales)
Love 2 Buy Cars Limited
Unaudited accounts
for the year ended 31 January 2024
Love 2 Buy Cars Limited
Unaudited accounts
Contents
Love 2 Buy Cars Limited
Company Information
for the year ended 31 January 2024
Director
Jennifer Ann Garrett
Company Number
11152335 (England and Wales)
Registered Office
1 Maypole Farm Court
Knowsley
Prescot
Merseyside
L34 9BD
England
Love 2 Buy Cars Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
19,683
Creditors: amounts falling due within one year
(254,219)
Total assets less current liabilities
30,566
Creditors: amounts falling due after more than one year
(48,050)
Called up share capital
200
Revaluation reserve
111,113
Profit and loss account
(128,797)
Shareholders' funds
(17,484)
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 her 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 3 October 2024 and were signed on its behalf by
Jennifer Ann Garrett
Director
Company Registration No. 11152335
Love 2 Buy Cars Limited
Notes to the Accounts
for the year ended 31 January 2024
Love 2 Buy Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 11152335. The registered office is 1 Maypole Farm Court, Knowsley, Prescot, Merseyside, L34 9BD, 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 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:
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
8,919
6
Creditors: amounts falling due after more than one year
2024
Love 2 Buy Cars Limited
Notes to the Accounts
for the year ended 31 January 2024
7
Average number of employees
During the year the average number of employees was 0.