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REGISTERED NUMBER: 01947376 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

FOR

PRESTON JAGUAR CENTRE LIMITED

PRESTON JAGUAR CENTRE LIMITED (REGISTERED NUMBER: 01947376)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRESTON JAGUAR CENTRE LIMITED

COMPANY INFORMATION
for the Period 1 December 2022 to 31 March 2024







DIRECTORS: Mr G A Nazurally
Mrs F M Nazurally





SECRETARY: Mr G A Nazurally





REGISTERED OFFICE: White Horse Garage
Garstang Road
Barton
Preston
Lancashire
PR3 5AB





REGISTERED NUMBER: 01947376 (England and Wales)






PRESTON JAGUAR CENTRE LIMITED (REGISTERED NUMBER: 01947376)

BALANCE SHEET
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 18,000
Tangible assets 5 21,183
39,183

CURRENT ASSETS
Stocks 47,348
Debtors 6 9,440
Cash at bank and in hand 29,259
86,047
CREDITORS
Amounts falling due within one year 7 130,713
NET CURRENT LIABILITIES (44,666 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,483

)

PROVISIONS FOR LIABILITIES 278
NET LIABILITIES (5,761 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (5,861 )
SHAREHOLDERS' FUNDS (5,761 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PRESTON JAGUAR CENTRE LIMITED (REGISTERED NUMBER: 01947376)

BALANCE SHEET - continued
31 March 2024


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 Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





Mr G A Nazurally - Director


PRESTON JAGUAR CENTRE LIMITED (REGISTERED NUMBER: 01947376)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 December 2022 to 31 March 2024


1. STATUTORY INFORMATION

Preston Jaguar Centre Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

PRESTON JAGUAR CENTRE LIMITED (REGISTERED NUMBER: 01947376)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 December 2022 to 31 March 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 20,000
At 31 March 2024 20,000
AMORTISATION
Charge for period 2,000
At 31 March 2024 2,000
NET BOOK VALUE
At 31 March 2024 18,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 18,079 3,694 2,856 24,629
At 31 March 2024 18,079 3,694 2,856 24,629
DEPRECIATION
Charge for period 1,808 924 714 3,446
At 31 March 2024 1,808 924 714 3,446
NET BOOK VALUE
At 31 March 2024 16,271 2,770 2,142 21,183

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6,479
Prepayments 2,961
9,440

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 17,534
Social security and other taxes 3,350
VAT 9,894
Other creditors 58,212
Directors' current accounts 38,201
Accrued expenses 3,522
130,713