USED FORD SPARES LTD

Company Registration Number:
10576505 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

USED FORD SPARES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

USED FORD SPARES LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 23,813 8,040
Total fixed assets: 23,813 8,040
Current assets
Stocks: 10,086 6,536
Debtors:   20,000 25,000
Cash at bank and in hand: 121,128 115,217
Total current assets: 151,214 146,753
Creditors: amounts falling due within one year:   (50,805) (47,370)
Net current assets (liabilities): 100,409 99,383
Total assets less current liabilities: 124,222 107,423
Creditors: amounts falling due after more than one year:   (78,924) (75,177)
Total net assets (liabilities): 45,298 32,246
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 44,298 31,246
Shareholders funds: 45,298 32,246

The notes form part of these financial statements

USED FORD SPARES LTD

Balance sheet statements

For the year ending 31 January 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 October 2024
and signed on behalf of the board by:

Name: Kristina Rackovs
Status: Director

The notes form part of these financial statements

USED FORD SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

USED FORD SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

USED FORD SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 9,805
Additions 21,000
At 31 January 2024 30,805
Depreciation
At 01 February 2023 1,765
Charge for year 5,227
At 31 January 2024 6,992
Net book value
At 31 January 2024 23,813
At 31 January 2023 8,040