Company Registration No. 11364973 (England and Wales)
Wayne's Garage LTD
Unaudited accounts
for the year ended 31 May 2024
Wayne's Garage LTD
Unaudited accounts
Contents
Wayne's Garage LTD
Company Information
for the year ended 31 May 2024
Company Number
11364973 (England and Wales)
Registered Office
376 LANGSETT ROAD
SHEFFIELD
SOUTH YORKSHIRE
S6 2UG
United Kingdom
Accountants
Asad Hanif AFA MIPA
376 LANGSETT ROAD
SHEFFIELD
S6 2UG
Wayne's Garage LTD
Statement of financial position
as at 31 May 2024
Tangible assets
1,000
2,000
Cash at bank and in hand
2,138
1,791
Creditors: amounts falling due within one year
(1,745)
(676)
Net current assets
39,595
41,291
Total assets less current liabilities
40,595
43,291
Creditors: amounts falling due after more than one year
(35,029)
(40,165)
Called up share capital
1
1
Profit and loss account
5,565
3,125
Shareholders' funds
5,566
3,126
For the year ending 31 May 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 his 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 28 October 2024 and were signed on its behalf by
Mr Wayne Ajodha
Director
Company Registration No. 11364973
Wayne's Garage LTD
Notes to the Accounts
for the year ended 31 May 2024
Wayne's Garage LTD is a private company, limited by shares, registered in England and Wales, registration number 11364973. The registered office is 376 LANGSETT ROAD, SHEFFIELD, SOUTH YORKSHIRE, S6 2UG, United Kingdom.
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 remained unchanged from the previous year, and also 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:
Motor vehicles
20 % Straight line basis
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,745
676
Wayne's Garage LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).