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REGISTERED NUMBER: 04204206 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Town Lane Autos Ltd

Town Lane Autos Ltd (Registered number: 04204206)






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


Town Lane Autos Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs S Plavsic
M Plavsic





SECRETARY: Mrs S Plavsic





REGISTERED OFFICE: 9a Town Lane
Little Neston
Neston
Cheshire
CH64 4DE





REGISTERED NUMBER: 04204206 (England and Wales)





ACCOUNTANTS: Benjamin Morris & Co Ltd
Highfield, Bull Hill
Lt Neston
NESTON
Cheshire
CH64 4DN

Town Lane Autos Ltd (Registered number: 04204206)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 47,500 47,500
Tangible assets 5 1,508 1,849
49,008 49,349

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 4,240 4,240
Cash at bank and in hand 19,415 26,535
24,655 31,775
CREDITORS
Amounts falling due within one year 7 46,285 53,671
NET CURRENT LIABILITIES (21,630 ) (21,896 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,378

27,453

CREDITORS
Amounts falling due after more than one
year

8

18,657

21,420
NET ASSETS 8,721 6,033

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 8,621 5,933
SHAREHOLDERS' FUNDS 8,721 6,033

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.

Town Lane Autos Ltd (Registered number: 04204206)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:




M Plavsic - Director



Mrs S Plavsic - Director


Town Lane Autos Ltd (Registered number: 04204206)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Town Lane Autos Ltd 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 47,500
NET BOOK VALUE
At 30 April 2024 47,500
At 30 April 2023 47,500

Town Lane Autos Ltd (Registered number: 04204206)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 68,794
DEPRECIATION
At 1 May 2023 66,945
Charge for year 341
At 30 April 2024 67,286
NET BOOK VALUE
At 30 April 2024 1,508
At 30 April 2023 1,849

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 4,240 4,240

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 10,021 12,666
Taxation and social security 22,281 18,371
Other creditors 13,983 22,634
46,285 53,671

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 18,657 21,420

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100