EMBASSY CARS LTD

Company Registration Number:
06058561 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

EMBASSY CARS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

EMBASSY CARS LTD

Company Information

for the Period Ended 31 January 2024




Director: Manoj Teji
Registered office: 5a
Parr Road
Stanmore
Middlesex
HA7 1NP
Company Registration Number: 06058561 (England and Wales)

EMBASSY CARS LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 321,873 400,387
Total fixed assets: 321,873 400,387
Current assets
Debtors: 5 123,590
Cash at bank and in hand: 116,432 23,140
Total current assets: 240,022 23,140
Creditors: amounts falling due within one year: 6 ( 61,926 ) ( 20,523 )
Net current assets (liabilities): 178,096 2,617
Total assets less current liabilities: 499,969 403,004
Creditors: amounts falling due after more than one year: 7 ( 493,420 ) ( 402,272 )
Total net assets (liabilities): 6,549 732

The notes form part of these financial statements

EMBASSY CARS LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 6,547 730
Shareholders funds: 6,549 732

For the year ending 31 January 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 May 2024
And Signed On Behalf Of The Board By:

Name: Manoj Teji
Status: Director

The notes form part of these financial statements

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 7 7

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 February 2023 1,335,109 1,335,109
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 1,335,109 1,335,109
Depreciation
At 01 February 2023 934,722 934,722
Charge for year 78,514 78,514
On disposals - -
Other adjustments - -
At 31 January 2024 1,013,236 1,013,236
Net book value
At 31 January 2024 321,873 321,873
At 31 January 2023 400,387 400,387

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Trade debtors 123,590
Total 123,590

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 61,926 20,523
Total 61,926 20,523

EMBASSY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 493,420 402,272
Total 493,420 402,272