Company Registration No. 08976237 (England and Wales)
The Car Barns Group Ltd
Unaudited accounts
for the year ended 30 April 2024
The Car Barns Group Ltd
Unaudited accounts
Contents
The Car Barns Group Ltd
Company Information
for the year ended 30 April 2024
Directors
Mr T H Boler
Mrs N Boler
Company Number
08976237 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Buckinghamshire
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
The Car Barns Group Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
35,426
36,690
Inventories
815,701
935,220
Cash at bank and in hand
338,725
392,330
Creditors: amounts falling due within one year
19,530
(35,691)
Net current assets
1,418,874
1,453,190
Total assets less current liabilities
1,454,300
1,489,880
Provisions for liabilities
Net assets
1,454,300
1,484,885
Called up share capital
1,939,737
1,939,737
Profit and loss account
(485,437)
(454,852)
Shareholders' funds
1,454,300
1,484,885
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 directors acknowledge their 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 of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by
Mr T H Boler
Director
Company Registration No. 08976237
The Car Barns Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
The Car Barns Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 08976237. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Reducing balance
Computer equipment
4 Years Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
3,359
41,517
15,067
59,943
Additions
7,981
546
3,702
12,229
At 30 April 2024
11,340
42,063
18,769
72,172
At 1 May 2023
834
15,306
7,113
23,253
Charge for the year
2,046
7,326
4,121
13,493
At 30 April 2024
2,880
22,632
11,234
36,746
At 30 April 2024
8,460
19,431
7,535
35,426
At 30 April 2023
2,525
26,211
7,954
36,690
The Car Barns Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
237,750
155,038
Accrued income and prepayments
6,470
5,710
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(32,467)
20,827
Taxes and social security
12,444
14,036
Loans from directors
493
491
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).