1 May 2023 false Taxfiler 2024.6 09553620business:PrivateLimitedCompanyLtd2023-05-012024-04-30 095536202023-04-30 095536202023-05-012024-04-30 09553620business:AuditExemptWithAccountantsReport2023-05-012024-04-30 09553620business:FilletedAccounts2023-05-012024-04-30 095536202024-04-30 09553620business:Director12023-05-012024-04-30 09553620business:RegisteredOffice2023-05-012024-04-30 095536202023-04-30 09553620core:WithinOneYear2024-04-30 09553620core:WithinOneYear2023-04-30 09553620core:AfterOneYear2024-04-30 09553620core:AfterOneYear2023-04-30 09553620core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 09553620core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 09553620core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 09553620core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 09553620core:PreviouslyStatedAmount2024-04-30 09553620core:PreviouslyStatedAmount2023-04-30 09553620business:SmallEntities2023-05-012024-04-30 09553620countries:EnglandWales2023-05-012024-04-30 09553620core:MotorVehicles2023-05-012024-04-30 09553620core:ComputerEquipment2023-05-012024-04-30 09553620core:PlantMachinery2023-04-30 09553620core:MotorVehicles2023-04-30 09553620core:ComputerEquipment2023-04-30 09553620core:PlantMachinery2024-04-30 09553620core:MotorVehicles2024-04-30 09553620core:ComputerEquipment2024-04-30 09553620core:PlantMachinery2023-05-012024-04-30 09553620business:OrdinaryShareClass12023-05-012024-04-30 09553620business:OrdinaryShareClass12022-05-012023-04-30 095536202022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09553620 (England and Wales)
Kingswinford Van Centre Limited Unaudited accounts for the year ended 30 April 2024
Kingswinford Van Centre Limited Unaudited accounts Contents
Page
- 2 -
Kingswinford Van Centre Limited Company Information for the year ended 30 April 2024
Director
B Smithyman
Company Number
09553620 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
- 3 -
Kingswinford Van Centre Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,411 
80,163 
Current assets
Inventories
25,673 
90,784 
Debtors
37,588 
33,712 
Cash at bank and in hand
4 
322 
63,265 
124,818 
Creditors: amounts falling due within one year
(56,222)
(173,277)
Net current assets/(liabilities)
7,043 
(48,459)
Total assets less current liabilities
74,454 
31,704 
Creditors: amounts falling due after more than one year
(39,119)
(13,356)
Provisions for liabilities
Deferred tax
(12,807)
(15,230)
Net assets
22,528 
3,118 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
22,527 
3,117 
Shareholders' funds
22,528 
3,118 
For the year ending 30 April 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 29 November 2024 and were signed on its behalf by
B Smithyman Director Company Registration No. 09553620
- 4 -
Kingswinford Van Centre Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Kingswinford Van Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 09553620. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum reducing balance
Computer equipment
10% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
55,560 
81,746 
7,959 
145,265 
At 30 April 2024
55,560 
81,746 
7,959 
145,265 
Depreciation
At 1 May 2023
22,751 
37,206 
5,145 
65,102 
Charge for the year
3,281 
8,908 
563 
12,752 
At 30 April 2024
26,032 
46,114 
5,708 
77,854 
Net book value
At 30 April 2024
29,528 
35,632 
2,251 
67,411 
At 30 April 2023
32,809 
44,540 
2,814 
80,163 
- 5 -
Kingswinford Van Centre Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,845 
- 
Amounts due from group undertakings etc.
- 
33,712 
Other debtors
9,743 
- 
37,588 
33,712 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
176 
- 
Trade creditors
19,592 
- 
Amounts owed to group undertakings and other participating interests
6,780 
149,521 
Taxes and social security
9,470 
8,025 
Other creditors
6,318 
6,291 
Loans from directors
2,826 
- 
Accruals
11,060 
9,440 
56,222 
173,277 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
39,119 
13,356 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
Due from associated companies £6780 (2023: £nil)
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -