2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07951929 2023-07-01 2024-06-30 07951929 2024-06-30 07951929 2023-06-30 07951929 2022-07-01 2023-06-30 07951929 2023-06-30 07951929 2022-06-30 07951929 bus:Director1 2023-07-01 2024-06-30 07951929 core:WithinOneYear 2024-06-30 07951929 core:WithinOneYear 2023-06-30 07951929 core:AfterOneYear 2024-06-30 07951929 core:AfterOneYear 2023-06-30 07951929 bus:Micro-entities 2023-07-01 2024-06-30 07951929 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07951929 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07951929 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07951929 bus:FullAccounts 2023-07-01 2024-06-30 07951929 bus:Director1 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 07951929
Andrew Frost Cars Limited
Filleted Unaudited Financial Statements
For the year ended
30 June 2024
Andrew Frost Cars Limited
Statement of Financial Position
30 June 2024
2024
2023
£
£
£
£
Current assets
139,474
137,329
Prepayments and accrued income
1,362
1,496
---------
---------
140,836
138,825
Creditors: amounts falling due within one year
35,812
28,420
---------
---------
Net current assets
105,024
110,405
---------
---------
Total assets less current liabilities
105,024
110,405
Creditors: amounts falling due after more than one year
30,852
33,333
Accruals and deferred income
8,423
8,395
---------
---------
65,749
68,677
---------
---------
Capital and reserves
65,749
68,677
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors' advances, credits and guarantees
During the year the company operated a joint directors loan account, made advances and received repayments from the directors. Interest has been charged at the official HMRC rate on any overdrawn balances. There are no repayment terms.
2024 2023
£ £
Advances 49,335 49,376
Repayments 50,512 50,512
Balance due from the directors 11,643 12,820
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 16 November 2024 , and are signed on behalf of the board by:
Mr A Frost
Director
Company registration number: 07951929
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is North Terrace Garage, North Terrace, Mildenhall, Bury St. Edmunds, Suffolk, IP28 7AA.