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REGISTERED NUMBER: 09016434 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Eastern Garage Car Sales Limited

Eastern Garage Car Sales Limited (Registered number: 09016434)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eastern Garage Car Sales Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: Mr K Eva
Mr M Eva





REGISTERED OFFICE: Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU





REGISTERED NUMBER: 09016434 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Eastern Garage Car Sales Limited (Registered number: 09016434)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,795 33,480

CURRENT ASSETS
Stocks 5 116,021 159,336
Cash at bank and in hand 913 913
116,934 160,249
CREDITORS
Amounts falling due within one year 6 40,281 84,612
NET CURRENT ASSETS 76,653 75,637
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,448

109,117

CREDITORS
Amounts falling due after more than one
year

7

21,751

30,833
NET ASSETS 81,697 78,284

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 81,597 78,184
SHAREHOLDERS' FUNDS 81,697 78,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Eastern Garage Car Sales Limited (Registered number: 09016434)

Balance Sheet - continued
30 April 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 9 July 2024 and were signed on its behalf by:





Mr K Eva - Director


Eastern Garage Car Sales Limited (Registered number: 09016434)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Eastern Garage Car Sales 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years
Computer equipment - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Eastern Garage Car Sales Limited (Registered number: 09016434)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 26,850 10,750 20,000 57,600
DEPRECIATION
At 1 May 2023 5,370 10,750 8,000 24,120
Charge for year 2,685 - 4,000 6,685
At 30 April 2024 8,055 10,750 12,000 30,805
NET BOOK VALUE
At 30 April 2024 18,795 - 8,000 26,795
At 30 April 2023 21,480 - 12,000 33,480

5. STOCKS
2024 2023
£    £   
Stocks 116,021 159,336

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,330 3,004
Trade creditors 1 1
Tax 2,369 2,367
VAT 3,187 619
Directors' current accounts 28,794 78,021
Accrued expenses 600 600
40,281 84,612

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 21,751 30,833