Company Registration No. 11581342 (England and Wales)
FERNDALE HAND CAR WASH LTD
Unaudited accounts
for the year ended 30 September 2024
FERNDALE HAND CAR WASH LTD
Unaudited accounts
Contents
FERNDALE HAND CAR WASH LTD
Company Information
for the year ended 30 September 2024
Company Number
11581342 (England and Wales)
Registered Office
Oakland Terrace
Ferndale Mis
Glamorgan
CF43 4UD
WALES
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
FERNDALE HAND CAR WASH LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
256
1,935
Creditors: amounts falling due within one year
(18,181)
(13,290)
Net current liabilities
(17,925)
(11,355)
Total assets less current liabilities
(17,925)
(9,753)
Creditors: amounts falling due after more than one year
-
(16,834)
Net liabilities
(17,925)
(26,587)
Called up share capital
10
10
Profit and loss account
(17,935)
(26,597)
Shareholders' funds
(17,925)
(26,587)
For the year ending 30 September 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 8 January 2025 and were signed on its behalf by
Dardan Ismajli
Director
Company Registration No. 11581342
FERNDALE HAND CAR WASH LTD
Notes to the Accounts
for the year ended 30 September 2024
FERNDALE HAND CAR WASH LTD is a private company, limited by shares, registered in England and Wales, registration number 11581342. The registered office is Oakland Terrace, Ferndale Mis, Glamorgan, CF43 4UD, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Plant & machinery
over 4 years
Fixtures & fittings
over 4 years
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
FERNDALE HAND CAR WASH LTD
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
1,817
4,740
6,557
At 30 September 2024
1,817
4,740
6,557
At 1 October 2023
1,400
3,555
4,955
Charge for the year
417
1,185
1,602
At 30 September 2024
1,817
4,740
6,557
At 30 September 2024
-
-
-
At 30 September 2023
417
1,185
1,602
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
10,666
Taxes and social security
926
-
Loans from directors
17,055
149
6
Creditors: amounts falling due after more than one year
2024
2023
BBL loan backed by 100% government guarantee and financing of first year's interest by means of government grant.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).