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
Kingswinford Van Centre Limited
Company Information
for the year ended 30 April 2023
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
Kingswinford Van Centre Limited
Statement of financial position
as at 30 April 2023
Tangible assets
80,163
95,503
Cash at bank and in hand
322
433
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)
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
Kingswinford Van Centre Limited
Notes to the Accounts
for the year ended 30 April 2023
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.
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.
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
At 30 April 2023
55,560
81,746
7,959
145,265
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
At 30 April 2023
32,809
44,540
2,814
80,163
At 30 April 2022
36,454
55,675
3,374
95,503
Kingswinford Van Centre Limited
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
33,712
18,811
6
Creditors: amounts falling due within one year
2023
2022
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
7
Creditors: amounts falling due after more than one year
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).