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Company Registration No. 07414266 (England and Wales)
TEMPLAR CARS LIMITED Unaudited accounts for the period from 1 November 2022 to 30 April 2024
TEMPLAR CARS LIMITED Unaudited accounts Contents
Page
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TEMPLAR CARS LIMITED Company Information for the period from 1 November 2022 to 30 April 2024
Directors
Andrew John Hobson Gary Walker
Company Number
07414266 (England and Wales)
Registered Office
Unit 5 Pond Street Chesterfield Derbyshire S40 2LE England
Accountants
Hammond & Co 36 Chesterfield Road Market Street Staveley Derbyshire S43 3UT
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TEMPLAR CARS LIMITED Statement of financial position as at 30 April 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,951 
2,184 
Current assets
Inventories
523,959 
402,880 
Debtors
59,180 
7,768 
Cash at bank and in hand
35,033 
79,942 
618,172 
490,590 
Creditors: amounts falling due within one year
(129,410)
(101,610)
Net current assets
488,762 
388,980 
Total assets less current liabilities
507,713 
391,164 
Creditors: amounts falling due after more than one year
(53,388)
(36,574)
Provisions for liabilities
Deferred tax
(3,601)
(415)
Net assets
450,724 
354,175 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
450,722 
354,173 
Shareholders' funds
450,724 
354,175 
For the period ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Andrew John Hobson Director Company Registration No. 07414266
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TEMPLAR CARS LIMITED Notes to the Accounts for the period from 1 November 2022 to 30 April 2024
1
Statutory information
TEMPLAR CARS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07414266. The registered office is Unit 5, Pond Street, Chesterfield, Derbyshire, S40 2LE, England.
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
These financial statements for the period from 1 November 2022 to 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Fixtures & fittings
30% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
- 
13,119 
- 
13,119 
Additions
22,000 
- 
1,374 
23,374 
At 30 April 2024
22,000 
13,119 
1,374 
36,493 
Depreciation
At 1 November 2022
- 
10,935 
- 
10,935 
Charge for the period
5,500 
654 
453 
6,607 
At 30 April 2024
5,500 
11,589 
453 
17,542 
Net book value
At 30 April 2024
16,500 
1,530 
921 
18,951 
At 31 October 2022
- 
2,184 
- 
2,184 
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TEMPLAR CARS LIMITED Notes to the Accounts for the period from 1 November 2022 to 30 April 2024
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,180 
5,482 
Other debtors
- 
2,286 
59,180 
7,768 
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
- 
5,556 
VAT
1,154 
17,839 
Trade creditors
28,448 
33,594 
Taxes and social security
82,808 
13,446 
Other creditors
- 
20,000 
Loans from directors
17,000 
10,000 
Accruals
- 
1,175 
129,410 
101,610 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
33,866 
36,574 
Obligations under finance leases and hire purchase contracts
19,522 
- 
53,388 
36,574 
8
Average number of employees
During the period the average number of employees was 7 (2022: 8).
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