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REGISTERED NUMBER: 10012622 (England and Wales)















Abridged Financial Statements for the Year Ended 29 February 2024

for

CENTRAL MOTORS (BRISTOL) LIMITED

CENTRAL MOTORS (BRISTOL) LIMITED (REGISTERED NUMBER: 10012622)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CENTRAL MOTORS (BRISTOL) LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mrs S L Smith





REGISTERED OFFICE: 44 Central Avenue
Hanham
Bristol
BS15 3PQ





REGISTERED NUMBER: 10012622 (England and Wales)





ACCOUNTANTS: West Country Accounting Services Limited
Chartered Accountants
BS15 1NT

CENTRAL MOTORS (BRISTOL) LIMITED (REGISTERED NUMBER: 10012622)

Abridged Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,454 3,067

CURRENT ASSETS
Inventories 58,319 102,181
Debtors 25,649 28,339
Cash at bank 6,123 9,848
90,091 140,368
CREDITORS
Amounts falling due within one year 63,896 96,442
NET CURRENT ASSETS 26,195 43,926
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,649

46,993

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 6 28,648 46,992
SHAREHOLDERS' FUNDS 28,649 46,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2024 and were signed by:





Mrs S L Smith - Director


CENTRAL MOTORS (BRISTOL) LIMITED (REGISTERED NUMBER: 10012622)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Central Motors (Bristol) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CENTRAL MOTORS (BRISTOL) LIMITED (REGISTERED NUMBER: 10012622)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 March 2023
and 29 February 2024 3,067
DEPRECIATION
Charge for year 613
At 29 February 2024 613
NET BOOK VALUE
At 29 February 2024 2,454
At 28 February 2023 3,067

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

6. RESERVES
Retained
earnings
£   

At 1 March 2023 46,992
Profit for the year 1,656
Dividends (20,000 )
At 29 February 2024 28,648