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REGISTERED NUMBER: 11798770 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

THAMESIDE USED VEHICLE CENTRE LIMITED

THAMESIDE USED VEHICLE CENTRE LIMITED (REGISTERED NUMBER: 11798770)

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

Report of the Accountants 6

THAMESIDE USED VEHICLE CENTRE LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: T Chapman
D Moore





REGISTERED OFFICE: Unit 4-5 108 Nathan Way
London
United Kingdom
SE28 0AU





REGISTERED NUMBER: 11798770 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

THAMESIDE USED VEHICLE CENTRE LIMITED (REGISTERED NUMBER: 11798770)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,673 52,239

CURRENT ASSETS
Stocks 337,879 332,038
Debtors 5 232,497 211,710
Cash at bank and in hand 18,532 5
588,908 543,753
CREDITORS
Amounts falling due within one year 6 259,492 219,794
NET CURRENT ASSETS 329,416 323,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,089

376,198

CREDITORS
Amounts falling due after more than one
year

7

292,286

312,342
NET ASSETS 79,803 63,856

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 79,703 63,756
SHAREHOLDERS' FUNDS 79,803 63,856

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.

THAMESIDE USED VEHICLE CENTRE LIMITED (REGISTERED NUMBER: 11798770)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





D Moore - Director


THAMESIDE USED VEHICLE CENTRE LIMITED (REGISTERED NUMBER: 11798770)

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


1. STATUTORY INFORMATION

Thameside Used Vehicle Centre Limited 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 50% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property Equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 38,474 34,528 5,724 499 79,225
DEPRECIATION
At 1 May 2023 5,669 19,512 1,431 374 26,986
Charge for year 4,676 3,754 1,073 63 9,566
At 30 April 2024 10,345 23,266 2,504 437 36,552
NET BOOK VALUE
At 30 April 2024 28,129 11,262 3,220 62 42,673
At 30 April 2023 32,805 15,016 4,293 125 52,239

THAMESIDE USED VEHICLE CENTRE LIMITED (REGISTERED NUMBER: 11798770)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,251 61,258
Other debtors 191,246 150,452
232,497 211,710

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 66,088 136,773
Trade creditors 129,532 20,488
Other creditors 63,872 62,533
259,492 219,794

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 33,796 39,352
Other creditors 258,490 272,990
292,286 312,342

THAMESIDE USED VEHICLE CENTRE LIMITED

Report of the Accountants to the Directors of
Thameside Used Vehicle Centre Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX


Date: .............................................