Company Registration No. 13476569 (England and Wales)
CARS DIRECT NOW LTD
Unaudited accounts
for the year ended 31 July 2024
CARS DIRECT NOW LTD
Unaudited accounts
Contents
CARS DIRECT NOW LTD
Company Information
for the year ended 31 July 2024
Company Number
13476569 (England and Wales)
Registered Office
141 HAMILTON ROAD
FELTHAM
MIDDLESEX
TW13 4PU
ENGLAND
Accountants
SAMI & CO ACCOUNTANTS
48 BILTON ROAD
PERIVALE
MIDDLESEX
UB6 7DH
CARS DIRECT NOW LTD
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
10,521
5,560
Creditors: amounts falling due within one year
(10,387)
(5,053)
Net current assets
3,534
507
Called up share capital
100
100
Profit and loss account
4,088
1,279
Shareholders' funds
4,188
1,379
For the year ending 31 July 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 24 December 2024 and were signed on its behalf by
ZOKRULLAH NASIRI
Director
Company Registration No. 13476569
CARS DIRECT NOW LTD
Notes to the Accounts
for the year ended 31 July 2024
CARS DIRECT NOW LTD is a private company, limited by shares, registered in England and Wales, registration number 13476569. The registered office is 141 HAMILTON ROAD, FELTHAM, MIDDLESEX, TW13 4PU, ENGLAND.
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:
Computer equipment
25% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Computer equipment
CARS DIRECT NOW LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,179
5,053
Loans from directors
1,208
-
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).