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Registered Number: 13911722
England and Wales

 

 

 

RIPLEY CAR SALES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
 
 
Notes
 
2024
£
  2023
£
Current assets      
Stocks 16,467    109,373 
Debtors 20,749    13,418 
Cash at bank and in hand (16,098)   (12,278)
21,118    110,513 
Creditors: amount falling due within one year (22,604)   (109,055)
Net current assets (1,486)   1,458 
 
Total assets less current liabilities (1,486)   1,458 
Creditors: amount falling due after more than one year (3,120)   (1,365)
Net assets (4,606)   93 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (4,706)   (7)
Shareholders' funds (4,606)   93 
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 19 November 2024 and were signed on its behalf by:


-------------------------------
Liman Morina
Director
1
General Information
Ripley Car Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 13911722, registration address 64 Castle Boulevard, Nottingham, NG7 1FN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 5).
2