Company Registration No. 10635348 (England and Wales)
A-Z CAR WASH & SERVICES LIMITED
Unaudited accounts
for the year ended 29 February 2024
A-Z CAR WASH & SERVICES LIMITED
Unaudited accounts
Contents
A-Z CAR WASH & SERVICES LIMITED
Company Information
for the year ended 29 February 2024
Company Number
10635348 (England and Wales)
Registered Office
6 Wise Lane
NW7 2RE
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
A-Z CAR WASH & SERVICES LIMITED
Accountants' report
Accountants' report to the director of A-Z CAR WASH & SERVICES LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 29 February 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 29 February 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
28 November 2024
A-Z CAR WASH & SERVICES LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
5,354
6,509
Creditors: amounts falling due within one year
(13,835)
(9,460)
Net current assets/(liabilities)
180
(2,951)
Total assets less current liabilities
1,051
(668)
Provisions for liabilities
Net assets/(liabilities)
1,051
(1,209)
Called up share capital
100
100
Profit and loss account
951
(1,309)
Shareholders' funds
1,051
(1,209)
For the year ending 29 February 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
Kreshnik Muci
Director
Company Registration No. 10635348
A-Z CAR WASH & SERVICES LIMITED
Notes to the Accounts
for the year ended 29 February 2024
A-Z CAR WASH & SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10635348. The registered office is 6 Wise Lane, NW7 2RE.
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:
Motor vehicles
Straing Line Method - 20%
Fixtures & fittings
Straing Line Method - 25%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
2,790
4,061
6,851
At 29 February 2024
2,790
4,061
6,851
At 1 March 2023
2,232
2,336
4,568
Charge for the year
558
854
1,412
At 29 February 2024
2,790
3,190
5,980
At 29 February 2024
-
871
871
At 28 February 2023
558
1,725
2,283
Amounts falling due within one year
A-Z CAR WASH & SERVICES LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,494
12,860
Taxes and social security
1,933
1,119
Loans from directors
-
(8,124)
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
During the year, director of the company owed £8,461 to the company.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).