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Company Registration No. 09553620 (England and Wales)
Kingswinford Van Centre Limited Unaudited accounts for the year ended 30 April 2023
Kingswinford Van Centre Limited Unaudited accounts Contents
Page
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Kingswinford Van Centre Limited Company Information for the year ended 30 April 2023
Director
B Smithyman
Company Number
09553620 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Kingswinford Van Centre Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,163 
95,503 
Current assets
Inventories
90,784 
81,472 
Debtors
33,712 
99,012 
Cash at bank and in hand
322 
433 
124,818 
180,917 
Creditors: amounts falling due within one year
(173,277)
(212,334)
Net current liabilities
(48,459)
(31,417)
Total assets less current liabilities
31,704 
64,086 
Creditors: amounts falling due after more than one year
(13,356)
(42,810)
Provisions for liabilities
Deferred tax
(15,230)
(18,145)
Net assets
3,118 
3,131 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,117 
3,130 
Shareholders' funds
3,118 
3,131 
For the year ending 30 April 2023 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 24 October 2024 and were signed on its behalf by
B Smithyman Director Company Registration No. 09553620
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Kingswinford Van Centre Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Kingswinford Van Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 09553620. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum reducing balance
Computer equipment
10% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
55,560 
81,746 
7,815 
145,121 
Additions
- 
- 
144 
144 
At 30 April 2023
55,560 
81,746 
7,959 
145,265 
Depreciation
At 1 May 2022
19,106 
26,071 
4,441 
49,618 
Charge for the year
3,645 
11,135 
704 
15,484 
At 30 April 2023
22,751 
37,206 
5,145 
65,102 
Net book value
At 30 April 2023
32,809 
44,540 
2,814 
80,163 
At 30 April 2022
36,454 
55,675 
3,374 
95,503 
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Kingswinford Van Centre Limited Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
73,226 
Amounts due from group undertakings etc.
33,712 
18,811 
Other debtors
- 
6,975 
33,712 
99,012 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
3,291 
Trade creditors
- 
88,601 
Amounts owed to group undertakings and other participating interests
149,521 
60,013 
Taxes and social security
8,025 
5,492 
Other creditors
6,291 
48,200 
Loans from directors
- 
297 
Accruals
9,440 
6,440 
173,277 
212,334 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,356 
42,810 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
Included within Other Debtors are amounts owed by associated companies: Dawley Industrial Services Ltd £7,600 Included within Other Creditors are amounts owing to associated companies Holbeache Services Ltd £162,521
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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