Company Registration No. 02409954 (England and Wales)
CARSHOP LTD
Unaudited accounts
for the year ended 30 April 2024
CARSHOP LTD
Unaudited accounts
Contents
CARSHOP LTD
Company Information
for the year ended 30 April 2024
Company Number
02409954 (England and Wales)
Registered Office
5 MANNAMEAD
EPSOM
SURREY
KT18 6HU
ENGLAND
CARSHOP LTD
Statement of financial position
as at 30 April 2024
Creditors: amounts falling due within one year
(29,359)
(38,439)
Net current liabilities
(26,859)
(37,939)
Total assets less current liabilities
(26,859)
(37,939)
Creditors: amounts falling due after more than one year
(32,439)
(32,439)
Net liabilities
(59,298)
(70,378)
Called up share capital
100
100
Profit and loss account
(59,398)
(70,478)
Shareholders' funds
(59,298)
(70,378)
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 6 January 2025 and were signed on its behalf by
Mr P N H Watson
Director
Company Registration No. 02409954
CARSHOP LTD
Notes to the Accounts
for the year ended 30 April 2024
CARSHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 02409954. The registered office is 5 MANNAMEAD, EPSOM, SURREY, KT18 6HU, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company's balance sheet shows an insolvent position at the balance sheet date. The director has arranged adequate funding to finance the company's continuing activities and to enable it to pay its debts as and when they fall due for payment, and accordingly considers that the company is a going concern and the financial statements have been prepared on this basis.
4
Intangible fixed assets
Goodwill
CARSHOP LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,851
16,374
Taxes and social security
586
586
Loans from directors
12,233
20,526
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
32,439
32,439
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).