Company Registration No. 10742448 (England and Wales)
BARBOURNE CAR SALES LTD
Unaudited accounts
for the year ended 31 March 2024
BARBOURNE CAR SALES LTD
Unaudited accounts
Contents
BARBOURNE CAR SALES LTD
Company Information
for the year ended 31 March 2024
Company Number
10742448 (England and Wales)
Registered Office
BARBOURNE CAR SALES LTD
UNIT 1B POPE IRON ROAD
WORCESTER
WORCESTERSHIRE
WR1 3HB
ENGLAND
BARBOURNE CAR SALES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
6,126
3,353
Inventories
105,871
153,359
Cash at bank and in hand
1,404
4,413
Creditors: amounts falling due within one year
(74,411)
(146,980)
Net current assets
107,811
50,368
Total assets less current liabilities
113,937
53,721
Creditors: amounts falling due after more than one year
(106,479)
(38,441)
Called up share capital
1
1
Profit and loss account
7,457
15,279
Shareholders' funds
7,458
15,280
For the year ending 31 March 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 10 May 2024 and were signed on its behalf by
Philip Wilkinson
Director
Company Registration No. 10742448
BARBOURNE CAR SALES LTD
Notes to the Accounts
for the year ended 31 March 2024
BARBOURNE CAR SALES LTD is a private company, limited by shares, registered in England and Wales, registration number 10742448. The registered office is BARBOURNE CAR SALES LTD, UNIT 1B POPE IRON ROAD, WORCESTER, WORCESTERSHIRE, WR1 3HB, 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
3 years straight line
Fixtures & fittings
10 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
4,579
-
686
6,355
11,620
Additions
3,740
1,500
-
2,201
7,441
At 31 March 2024
8,319
1,500
686
8,556
19,061
At 1 April 2023
4,579
-
138
3,550
8,267
Charge for the year
1,247
500
69
2,852
4,668
At 31 March 2024
5,826
500
207
6,402
12,935
At 31 March 2024
2,493
1,000
479
2,154
6,126
At 31 March 2023
-
-
548
2,805
3,353
BARBOURNE CAR SALES LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
73,272
39,576
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
13,278
98,280
Taxes and social security
1,613
758
Other creditors
23,928
23,863
Loans from directors
27,810
20,000
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
32,231
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).