Company Registration No. 4734886 (England and Wales)
Route 3 Cars Limited
Unaudited accounts
for the year ended 30 April 2024
Route 3 Cars Limited
Unaudited accounts
Contents
Route 3 Cars Limited
Company Information
for the year ended 30 April 2024
Directors
J Pilbeam
D Irons
Company Number
4734886 (England and Wales)
Registered Office
21 Millbrook Close
North Hykeham
Lincoln
LN6 9TA
Accountants
Mike Behan Accountant
21 Millbrook Close
North Hykeham
Lincoln
LN6 9TA
Route 3 Cars Limited
Statement of financial position
as at 30 April 2024
Tangible assets
388,977
395,421
Cash at bank and in hand
5,464
2,219
Creditors: amounts falling due within one year
(229,494)
(230,247)
Net current liabilities
(210,531)
(197,477)
Total assets less current liabilities
178,446
197,944
Creditors: amounts falling due after more than one year
(95,645)
(115,672)
Called up share capital
100
100
Profit and loss account
82,701
82,172
Shareholders' funds
82,801
82,272
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 30 December 2024 and were signed on its behalf by
J Pilbeam
Director
Company Registration No. 4734886
Route 3 Cars Limited
Notes to the Accounts
for the year ended 30 April 2024
Route 3 Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 4734886. The registered office is 21 Millbrook Close, North Hykeham, Lincoln, LN6 9TA.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% on cost
Plant & machinery
25% on reducing balance
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
402,519
33,270
435,789
At 30 April 2024
402,519
34,706
437,225
At 1 May 2023
21,081
19,287
40,368
Charge for the year
4,025
3,855
7,880
At 30 April 2024
25,106
23,142
48,248
At 30 April 2024
377,413
11,564
388,977
At 30 April 2023
381,438
13,983
395,421
Route 3 Cars Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Accrued income and prepayments
2,670
2,670
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,013
21,362
Trade creditors
4,962
4,369
Taxes and social security
1,636
-
Loans from directors
203,447
202,733
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
8,995
11,995
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).