Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01No description of principal activity1true1truetruefalse 11785996 2023-02-01 2024-01-31 11785996 2022-02-01 2023-01-31 11785996 2024-01-31 11785996 2023-01-31 11785996 c:Director1 2023-02-01 2024-01-31 11785996 d:FurnitureFittings 2023-02-01 2024-01-31 11785996 d:FurnitureFittings 2024-01-31 11785996 d:FurnitureFittings 2023-01-31 11785996 d:CurrentFinancialInstruments 2024-01-31 11785996 d:CurrentFinancialInstruments 2023-01-31 11785996 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11785996 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11785996 d:ShareCapital 2024-01-31 11785996 d:ShareCapital 2023-01-31 11785996 d:RetainedEarningsAccumulatedLosses 2024-01-31 11785996 d:RetainedEarningsAccumulatedLosses 2023-01-31 11785996 c:EntityNoLongerTradingButTradedInPast 2023-02-01 2024-01-31 11785996 c:FRS102 2023-02-01 2024-01-31 11785996 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11785996 c:FullAccounts 2023-02-01 2024-01-31 11785996 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11785996 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 11785996









XPERT MOTORS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
XPERT MOTORS LTD
 

CONTENTS



Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5


 
XPERT MOTORS LTD
REGISTERED NUMBER: 11785996

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
493
493

  
493
493

Current assets
  

Cash at bank and in hand
 4 
576
576

  
576
576

Creditors: amounts falling due within one year
 5 
(731)
(731)

Net current liabilities
  
 
 
(155)
 
 
(155)

Total assets less current liabilities
  
338
338

  

Net assets
  
338
338


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
337
337

  
338
338


Page 1

 
XPERT MOTORS LTD
REGISTERED NUMBER: 11785996
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

For the year ended 31 January 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Y Novak
Director

Date: 27 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
XPERT MOTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Xpert Motors Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 11785996. The registered office is 183 High Street, Wealdstone, Harrow, England, HA3 5EA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Page 3

 
XPERT MOTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 February 2023
493



At 31 January 2024

493






Net book value



At 31 January 2024
493



At 31 January 2023
493


4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
576
576

576
576


Page 4

 
XPERT MOTORS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
731
731

731
731


 
Page 5