2023-03-012024-02-292024-02-29false10623924Car Finders Limited2024-11-0445111iso4217:GBPxbrli:pure106239242023-03-01106239242024-02-29106239242023-03-012024-02-29106239242022-03-01106239242023-02-28106239242022-03-012023-02-2810623924bus:SmallEntities2023-03-012024-02-2910623924bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2910623924bus:FullAccounts2023-03-012024-02-2910623924bus:PrivateLimitedCompanyLtd2023-03-012024-02-2910623924core:WithinOneYear2024-02-2910623924core:AfterOneYear2024-02-2910623924core:WithinOneYear2023-02-2810623924core:AfterOneYear2023-02-2810623924core:ShareCapital2024-02-2910623924core:SharePremium2024-02-2910623924core:RevaluationReserve2024-02-2910623924core:OtherReservesSubtotal2024-02-2910623924core:RetainedEarningsAccumulatedLosses2024-02-2910623924core:ShareCapital2023-02-2810623924core:SharePremium2023-02-2810623924core:RevaluationReserve2023-02-2810623924core:OtherReservesSubtotal2023-02-2810623924core:RetainedEarningsAccumulatedLosses2023-02-2810623924core:LandBuildings2024-02-2910623924core:PlantMachinery2024-02-2910623924core:Vehicles2024-02-2910623924core:FurnitureFittings2024-02-2910623924core:OfficeEquipment2024-02-2910623924core:NetGoodwill2024-02-2910623924core:IntangibleAssetsOtherThanGoodwill2024-02-2910623924core:ListedExchangeTraded2024-02-2910623924core:UnlistedNon-exchangeTraded2024-02-2910623924core:LandBuildings2023-02-2810623924core:PlantMachinery2023-02-2810623924core:Vehicles2023-02-2810623924core:FurnitureFittings2023-02-2810623924core:OfficeEquipment2023-02-2810623924core:NetGoodwill2023-02-2810623924core:IntangibleAssetsOtherThanGoodwill2023-02-2810623924core:ListedExchangeTraded2023-02-2810623924core:UnlistedNon-exchangeTraded2023-02-2810623924core:LandBuildings2023-03-012024-02-2910623924core:PlantMachinery2023-03-012024-02-2910623924core:Vehicles2023-03-012024-02-2910623924core:FurnitureFittings2023-03-012024-02-2910623924core:OfficeEquipment2023-03-012024-02-2910623924core:NetGoodwill2023-03-012024-02-2910623924core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910623924core:ListedExchangeTraded2023-03-012024-02-2910623924core:UnlistedNon-exchangeTraded2023-03-012024-02-2910623924core:MoreThanFiveYears2023-03-012024-02-2910623924core:Non-currentFinancialInstruments2024-02-2910623924core:Non-currentFinancialInstruments2023-02-2810623924dpl:CostSales2023-03-012024-02-2910623924dpl:DistributionCosts2023-03-012024-02-2910623924core:LandBuildings2023-03-012024-02-2910623924core:PlantMachinery2023-03-012024-02-2910623924core:Vehicles2023-03-012024-02-2910623924core:FurnitureFittings2023-03-012024-02-2910623924core:OfficeEquipment2023-03-012024-02-2910623924dpl:AdministrativeExpenses2023-03-012024-02-2910623924core:NetGoodwill2023-03-012024-02-2910623924core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910623924dpl:GroupUndertakings2023-03-012024-02-2910623924dpl:ParticipatingInterests2023-03-012024-02-2910623924dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2910623924core:ListedExchangeTraded2023-03-012024-02-2910623924dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2910623924core:UnlistedNon-exchangeTraded2023-03-012024-02-2910623924dpl:CostSales2022-03-012023-02-2810623924dpl:DistributionCosts2022-03-012023-02-2810623924core:LandBuildings2022-03-012023-02-2810623924core:PlantMachinery2022-03-012023-02-2810623924core:Vehicles2022-03-012023-02-2810623924core:FurnitureFittings2022-03-012023-02-2810623924core:OfficeEquipment2022-03-012023-02-2810623924dpl:AdministrativeExpenses2022-03-012023-02-2810623924core:NetGoodwill2022-03-012023-02-2810623924core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810623924dpl:GroupUndertakings2022-03-012023-02-2810623924dpl:ParticipatingInterests2022-03-012023-02-2810623924dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810623924core:ListedExchangeTraded2022-03-012023-02-2810623924dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810623924core:UnlistedNon-exchangeTraded2022-03-012023-02-2810623924core:NetGoodwill2024-02-2910623924core:IntangibleAssetsOtherThanGoodwill2024-02-2910623924core:LandBuildings2024-02-2910623924core:PlantMachinery2024-02-2910623924core:Vehicles2024-02-2910623924core:FurnitureFittings2024-02-2910623924core:OfficeEquipment2024-02-2910623924core:AfterOneYear2024-02-2910623924core:WithinOneYear2024-02-2910623924core:ListedExchangeTraded2024-02-2910623924core:UnlistedNon-exchangeTraded2024-02-2910623924core:ShareCapital2024-02-2910623924core:SharePremium2024-02-2910623924core:RevaluationReserve2024-02-2910623924core:OtherReservesSubtotal2024-02-2910623924core:RetainedEarningsAccumulatedLosses2024-02-2910623924core:NetGoodwill2023-02-2810623924core:IntangibleAssetsOtherThanGoodwill2023-02-2810623924core:LandBuildings2023-02-2810623924core:PlantMachinery2023-02-2810623924core:Vehicles2023-02-2810623924core:FurnitureFittings2023-02-2810623924core:OfficeEquipment2023-02-2810623924core:AfterOneYear2023-02-2810623924core:WithinOneYear2023-02-2810623924core:ListedExchangeTraded2023-02-2810623924core:UnlistedNon-exchangeTraded2023-02-2810623924core:ShareCapital2023-02-2810623924core:SharePremium2023-02-2810623924core:RevaluationReserve2023-02-2810623924core:OtherReservesSubtotal2023-02-2810623924core:RetainedEarningsAccumulatedLosses2023-02-2810623924core:NetGoodwill2022-03-0110623924core:IntangibleAssetsOtherThanGoodwill2022-03-0110623924core:LandBuildings2022-03-0110623924core:PlantMachinery2022-03-0110623924core:Vehicles2022-03-0110623924core:FurnitureFittings2022-03-0110623924core:OfficeEquipment2022-03-0110623924core:AfterOneYear2022-03-0110623924core:WithinOneYear2022-03-0110623924core:ListedExchangeTraded2022-03-0110623924core:UnlistedNon-exchangeTraded2022-03-0110623924core:ShareCapital2022-03-0110623924core:SharePremium2022-03-0110623924core:RevaluationReserve2022-03-0110623924core:OtherReservesSubtotal2022-03-0110623924core:RetainedEarningsAccumulatedLosses2022-03-0110623924core:AfterOneYear2023-03-012024-02-2910623924core:WithinOneYear2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910623924core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2910623924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2910623924core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2810623924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2810623924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2810623924bus:Director12023-03-012024-02-29

Car Finders Limited

Registered Number
10623924
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

Car Finders Limited
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Brookner, Kevin Lee

Registered Address

Grove House
2 Woodberry Grove
London
N12 0DR

Registered Number

10623924 (England and Wales)
Car Finders Limited
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3557742
557742
Current assets
Stocks428,00131,100
Debtors94,32615,390
Cash at bank and on hand884,0591,010,048
1,006,3861,056,538
Creditors amounts falling due within one year5(111,813)(109,851)
Net current assets (liabilities)894,573946,687
Total assets less current liabilities895,130947,429
Creditors amounts falling due after one year6(27,030)(37,583)
Provisions for liabilities7(106)(141)
Net assets867,994909,705
Capital and reserves
Called up share capital100100
Profit and loss account867,894909,605
Shareholders' funds867,994909,705
The financial statements were approved and authorised for issue by the Director on 4 November 2024, and are signed on its behalf by:
Brookner, Kevin Lee
Director
Registered Company No. 10623924
Car Finders Limited
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year44
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 March 233,0343,034
At 29 February 243,0343,034
Depreciation and impairment
At 01 March 232,2922,292
Charge for year185185
At 29 February 242,4772,477
Net book value
At 29 February 24557557
At 28 February 23742742
4.Stocks

2024

2023

££
Work in progress28,00131,100
Total28,00131,100
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables28,500-
Taxation and social security3,77046,712
Other creditors77,65461,339
Accrued liabilities and deferred income1,8891,800
Total111,813109,851
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts27,03037,583
Total27,03037,583
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)106141
Total106141