SUPERIOR CAR RENTAL LTD

Company Registration Number:
13087317 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

SUPERIOR CAR RENTAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SUPERIOR CAR RENTAL LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 2,616,389 2,137,628
Cost of sales: ( 1,179,288 ) ( 984,731 )
Gross profit(or loss): 1,437,101 1,152,897
Distribution costs: ( 38,728 ) ( 27,846 )
Administrative expenses: ( 47,893 ) ( 31,043 )
Operating profit(or loss): 1,350,480 1,094,008
Profit(or loss) before tax: 1,350,480 1,094,008
Tax: ( 89,673 ) ( 131,784 )
Profit(or loss) for the financial year: 1,260,807 962,224

SUPERIOR CAR RENTAL LTD

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 54,892 24,783
Tangible assets: 4 908,922 854,897
Investments: 5 1,112,896 833,947
Total fixed assets: 2,076,710 1,713,627
Current assets
Stocks: 6 2,379,378 1,453,798
Debtors: 7 39,428 63,894
Cash at bank and in hand: 117,832 84,368
Investments: 8 89,999 765,895
Total current assets: 2,626,637 2,367,955
Creditors: amounts falling due within one year: 9 ( 38,292 ) ( 43,847 )
Net current assets (liabilities): 2,588,345 2,324,108
Total assets less current liabilities: 4,665,155 4,037,835
Creditors: amounts falling due after more than one year: 10 ( 66,892 ) ( 163,748 )
Provision for liabilities: ( 80,000 ) ( 168,000 )
Total net assets (liabilities): 4,518,263 3,706,087
Capital and reserves
Called up share capital: 182,746 132,746
Share premium account: 1,380,525 1,330,525
Other reserves: 2,000,000 1,503,852
Profit and loss account: 954,992 738,964
Total Shareholders' funds: 4,518,263 3,706,087

The notes form part of these financial statements

SUPERIOR CAR RENTAL LTD

Balance sheet statements

For the year ending 31 December 2023 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 18 September 2024
and signed on behalf of the board by:

Name: A Anuzis
Status: Director

The notes form part of these financial statements

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 15 17

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 24,783 24,783
Additions 30,109 30,109
Disposals
Revaluations
Transfers
At 31 December 2023 54,892 54,892
Amortisation
At 1 January 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2023 0 0
Net book value
At 31 December 2023 54,892 54,892
At 31 December 2022 24,783 24,783

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 35,000 5,844 10,720 803,333 854,897
Additions 1,025 3,000 50,000 54,025
Disposals
Revaluations
Transfers
At 31 December 2023 35,000 6,869 13,720 853,333 908,922
Depreciation
At 1 January 2023
Charge for year
On disposals
Other adjustments
At 31 December 2023
Net book value
At 31 December 2023 35,000 6,869 13,720 853,333 908,922
At 31 December 2022 35,000 5,844 10,720 803,333 854,897

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed assets investments note

£2,076,710

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Stocks

2023 2022
£ £
Stocks 2,379,378 1,453,798
Total 2,379,378 1,453,798

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Debtors

2023 2022
£ £
Trade debtors 39,428 63,894
Total 39,428 63,894

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Current assets investments note

£2,626,637

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

9. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 38,292 43,847
Total 38,292 43,847

SUPERIOR CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

10. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 66,892 124,895
Other creditors 0 38,853
Total 66,892 163,748