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Company Registration No. 11943733 (England and Wales)
CAR SPECIALIST CUSTOMS LIMITED unaudited financial statements for the year ended 30 April 2024
CAR SPECIALIST CUSTOMS LIMITED unaudited financial statements Contents
Page
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CAR SPECIALIST CUSTOMS LIMITED Company Information for the year ended 30 April 2024
Director
Ali Hameed
Company Number
11943733 (England and Wales)
Registered Office
UNIT 30 CALDERSHAW BUSINESS CENTRE INGS LANE ROCHDALE OL12 7LQ ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of CAR SPECIALIST CUSTOMS LIMITED for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CAR SPECIALIST CUSTOMS LIMITED for the year ended 30 April 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 29 January 2025
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CAR SPECIALIST CUSTOMS LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,126 
1,251 
Current assets
Inventories
- 
692 
Cash at bank and in hand
25,314 
78,257 
25,314 
78,949 
Creditors: amounts falling due within one year
3,320 
(27,483)
Net current assets
28,634 
51,466 
Total assets less current liabilities
29,760 
52,717 
Creditors: amounts falling due after more than one year
(33,316)
(42,892)
Net (liabilities)/assets
(3,556)
9,825 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(3,559)
9,822 
Shareholders' funds
(3,556)
9,825 
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 29 January 2025 and were signed on its behalf by
Ali Hameed Director Company Registration No. 11943733
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CAR SPECIALIST CUSTOMS LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
CAR SPECIALIST CUSTOMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11943733. The registered office is UNIT 30 CALDERSHAW BUSINESS CENTRE, INGS LANE, ROCHDALE, OL12 7LQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Trading Activity
Maintenance and repair of motor vehicles
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% diminishing balance method.
Going concern
Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
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CAR SPECIALIST CUSTOMS LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,390 
At 30 April 2024
1,390 
Depreciation
At 1 May 2023
139 
Charge for the year
125 
At 30 April 2024
264 
Net book value
At 30 April 2024
1,126 
At 30 April 2023
1,251 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,007 
4,627 
Taxes and social security
71 
- 
Other creditors
21 
- 
Loans from directors
(7,669)
- 
Accruals
1,250 
22,856 
(3,320)
27,483 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,316 
42,892 
7
Loans to directors
At the year end a balance of £7,668 was owed by the director. The above balance is interest free and no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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