BESCOL MOTORS (CONSETT) LIMITED

Company Registration Number:
11398377 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BESCOL MOTORS (CONSETT) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

BESCOL MOTORS (CONSETT) LIMITED

Company Information

for the Period Ended 31 December 2023




Registered office: Delves Terrace
Delves Lane
Consett
England
DH8 7ES
Company Registration Number: 11398377 (England and Wales)

BESCOL MOTORS (CONSETT) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 40,538 47,757
Total fixed assets: 40,538 47,757
Current assets
Stocks: 32,056 170,923
Debtors: 106,076 47,413
Cash at bank and in hand: 0 0
Total current assets: 138,132 218,336
Creditors: amounts falling due within one year: ( 122,395 ) ( 114,962 )
Net current assets (liabilities): 15,737 103,374
Total assets less current liabilities: 56,275 151,131
Creditors: amounts falling due after more than one year: ( 104,027 ) ( 83,004 )
Total net assets (liabilities): ( 47,752 ) 68,127

The notes form part of these financial statements

BESCOL MOTORS (CONSETT) LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: ( 97,752 ) 18,127
Shareholders funds: ( 47,752 ) 68,127

For the year ending 31 December 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 September 2024
And Signed On Behalf Of The Board By:

Name: A Newton
Status: Director

The notes form part of these financial statements

BESCOL MOTORS (CONSETT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BESCOL MOTORS (CONSETT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 10 10

BESCOL MOTORS (CONSETT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

BESCOL MOTORS (CONSETT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 105,896
Additions 5,609
Disposals -
Revaluations -
Transfers -
At 31 December 2023 111,505
Depreciation
At 01 January 2023 58,139
Charge for year 12,828
On disposals -
Other adjustments -
At 31 December 2023 70,967
Net book value
At 31 December 2023 40,538
At 31 December 2022 47,757