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
Kingswinford Van Centre Limited
Company Information
for the year ended 30 April 2024
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
Kingswinford Van Centre Limited
Statement of financial position
as at 30 April 2024
Tangible assets
67,411
80,163
Cash at bank and in hand
4
322
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)
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
Kingswinford Van Centre Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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
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
At 30 April 2024
29,528
35,632
2,251
67,411
At 30 April 2023
32,809
44,540
2,814
80,163
Kingswinford Van Centre Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
33,712
6
Creditors: amounts falling due within one year
2024
2023
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
-
7
Creditors: amounts falling due after more than one year
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).