Company Registration No. 13866795 (England and Wales)
Webuylovelycars.com Ltd
Unaudited accounts
for the year ended 31 January 2024
Webuylovelycars.com Ltd
Unaudited accounts
Contents
Webuylovelycars.com Ltd
Company Information
for the year ended 31 January 2024
Company Number
13866795 (England and Wales)
Registered Office
C/O MASTER ACCOUNTING LIMITED THE STABLE
ASHLEY
MARKET HARBOROUGH
LE16 8HF
ENGLAND
Accountants
Master Accounting Limited
The Stables, Ashley Court
32 Main Street, Ashley
Market Harborough
Leicestershire
LE16 8HF
Webuylovelycars.com Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
18,192
188
Creditors: amounts falling due within one year
(123,684)
(1,300)
Net current liabilities
(23,681)
(977)
Net liabilities
(15,988)
(856)
Called up share capital
1,000
1,000
Profit and loss account
(16,988)
(1,856)
Shareholders' funds
(15,988)
(856)
For the year ending 31 January 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 12 October 2024 and were signed on its behalf by
Timothy Maguire
Director
Company Registration No. 13866795
Webuylovelycars.com Ltd
Notes to the Accounts
for the year ended 31 January 2024
Webuylovelycars.com Ltd is a private company, limited by shares, registered in England and Wales, registration number 13866795. The registered office is C/O MASTER ACCOUNTING LIMITED THE STABLE, ASHLEY, MARKET HARBOROUGH, LE16 8HF, 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.
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:
Plant & machinery
20% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
-
128
128
Additions
4,531
3,323
7,854
At 31 January 2024
4,531
3,451
7,982
Charge for the year
76
206
282
At 31 January 2024
76
213
289
At 31 January 2024
4,455
3,238
7,693
At 31 January 2023
-
121
121
Amounts falling due within one year
Webuylovelycars.com Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
52,500
900
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).