IRIS Accounts Production v24.3.0.553 12304853 director 30.11.22 29.11.23 29.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123048532022-11-29123048532023-11-29123048532022-11-302023-11-29123048532021-11-29123048532021-11-302022-11-29123048532022-11-2912304853ns15:EnglandWales2022-11-302023-11-2912304853ns14:PoundSterling2022-11-302023-11-2912304853ns10:Director12022-11-302023-11-2912304853ns10:PrivateLimitedCompanyLtd2022-11-302023-11-2912304853ns10:SmallEntities2022-11-302023-11-2912304853ns10:AuditExempt-NoAccountantsReport2022-11-302023-11-2912304853ns10:SmallCompaniesRegimeForDirectorsReport2022-11-302023-11-2912304853ns10:SmallCompaniesRegimeForAccounts2022-11-302023-11-2912304853ns10:FullAccounts2022-11-302023-11-2912304853ns10:RegisteredOffice2022-11-302023-11-2912304853ns5:CurrentFinancialInstruments2023-11-2912304853ns5:CurrentFinancialInstruments2022-11-2912304853ns5:Non-currentFinancialInstruments2023-11-2912304853ns5:Non-currentFinancialInstruments2022-11-2912304853ns5:ShareCapital2023-11-2912304853ns5:ShareCapital2022-11-2912304853ns5:RetainedEarningsAccumulatedLosses2023-11-2912304853ns5:RetainedEarningsAccumulatedLosses2022-11-2912304853ns5:ComputerEquipment2022-11-2912304853ns5:ComputerEquipment2022-11-302023-11-2912304853ns5:ComputerEquipment2023-11-2912304853ns5:ComputerEquipment2022-11-2912304853ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-2912304853ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-2912304853ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-2912304853ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-29
REGISTERED NUMBER: 12304853 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 November 2023

for

Northwest Car and Van Sales Ltd

Northwest Car and Van Sales Ltd (Registered number: 12304853)






Contents of the Financial Statements
for the Year Ended 29 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northwest Car and Van Sales Ltd

Company Information
for the Year Ended 29 November 2023







DIRECTOR: Mr A Owens





REGISTERED OFFICE: Maghull Business Centre
1 Liverpool Road North
Maghull
Merseyside
L31 2HB





REGISTERED NUMBER: 12304853 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

Northwest Car and Van Sales Ltd (Registered number: 12304853)

Balance Sheet
29 November 2023

29.11.23 29.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 524 699

CURRENT ASSETS
Stocks 71,432 82,585
Debtors 5 6,627 10,900
Cash at bank 134,907 14,815
212,966 108,300
CREDITORS
Amounts falling due within one year 6 90,046 46,205
NET CURRENT ASSETS 122,920 62,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,444

62,794

CREDITORS
Amounts falling due after more than one
year

7

36,667

40,417
NET ASSETS 86,777 22,377

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 86,767 22,367
86,777 22,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Northwest Car and Van Sales Ltd (Registered number: 12304853)

Balance Sheet - continued
29 November 2023


The 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.

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





Mr A Owens - Director


Northwest Car and Van Sales Ltd (Registered number: 12304853)

Notes to the Financial Statements
for the Year Ended 29 November 2023

1. STATUTORY INFORMATION

Northwest Car and Van Sales Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Northwest Car and Van Sales Ltd (Registered number: 12304853)

Notes to the Financial Statements - continued
for the Year Ended 29 November 2023

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 30 November 2022
and 29 November 2023 932
DEPRECIATION
At 30 November 2022 233
Charge for year 175
At 29 November 2023 408
NET BOOK VALUE
At 29 November 2023 524
At 29 November 2022 699

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Trade debtors 3,710 10,900
VAT 2,917 -
6,627 10,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 46,477 3,017
Corporation Tax 28,808 6,405
VAT - 10,404
Directors' current accounts 5,680 17,989
Accruals and deferred income 4,081 3,390
90,046 46,205

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.11.23 29.11.22
£    £   
Bank loans - 2-5 years 36,667 40,417