Company registration number 13475444 (England and Wales)
Blackrock Motor Sales Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 July 2024
PAGES FOR FILING WITH REGISTRAR
Blackrock Motor Sales Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Blackrock Motor Sales Ltd
Statement of financial position
as at 31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Stocks
3
122,197
197,737
Debtors
4
37,330
18,271
Cash at bank and in hand
12,179
47,158
171,706
263,166
Creditors: amounts falling due within one year
5
(150,321)
(205,440)
Net current assets
21,385
57,726
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
21,285
57,626
Total equity
21,385
57,726
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 9 October 2024
S E Wren
Director
Company registration number 13475444 (England and Wales)
Blackrock Motor Sales Ltd
Notes to the Financial Statements
for the year ended 31 July 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover is recognised on the performance of a contractual service obligation where a right to consideration is due.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
3
Stocks
2024
2023
£
£
Stocks
122,197
197,737
Blackrock Motor Sales Ltd
Notes to the Financial Statements (continued)
for the year ended 31 July 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
24,908
Corporation tax recoverable
3,343
Amounts owed by group undertakings
660
Other debtors
8,419
18,271
37,330
18,271
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
33,233
Corporation tax
3,343
Other taxation and social security
28
570
Other creditors
109,227
195,116
Accruals and deferred income
7,833
6,411
150,321
205,440
6
Company information
Blackrock Motor Sales Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.