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REGISTERED NUMBER: 09595073 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

CAR WASH CITY LTD

CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAR WASH CITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: E Jazai
Mrs V D Dukaj





REGISTERED OFFICE: 194 Torrington Avenue
Tile Hill
Coventry
West Midlands
CV4 9BL





REGISTERED NUMBER: 09595073 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,634 33,269

CURRENT ASSETS
Debtors 5 229,604 315,547
Cash at bank 55,930 78,520
285,534 394,067
CREDITORS
Amounts falling due within one year 6 200,054 249,782
NET CURRENT ASSETS 85,480 144,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,114

177,554

CREDITORS
Amounts falling due after more than one
year

7

(27,814

)

(32,592

)

PROVISIONS FOR LIABILITIES (3,787 ) (4,939 )
NET ASSETS 80,513 140,023

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 80,512 140,022
SHAREHOLDERS' FUNDS 80,513 140,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)

BALANCE SHEET - continued
31 MAY 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 12 February 2025 and were signed on its behalf by:





E Jazai - Director


CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Car Wash City Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2023 3,200 39,884 310
Additions - - -
At 31 May 2024 3,200 39,884 310
DEPRECIATION
At 1 June 2023 8 21,147 136
Charge for year 8 4,684 43
At 31 May 2024 16 25,831 179
NET BOOK VALUE
At 31 May 2024 3,184 14,053 131
At 31 May 2023 3,192 18,737 174

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 16,610 2,268 62,272
Additions - 1,189 1,189
At 31 May 2024 16,610 3,457 63,461
DEPRECIATION
At 1 June 2023 6,428 1,284 29,003
Charge for year 2,546 543 7,824
At 31 May 2024 8,974 1,827 36,827
NET BOOK VALUE
At 31 May 2024 7,636 1,630 26,634
At 31 May 2023 10,182 984 33,269

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 156,010 149,462
Amounts owed by group undertakings 73,594 165,998
Prepayments - 87
229,604 315,547

CAR WASH CITY LTD (REGISTERED NUMBER: 09595073)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,472 6,046
Trade creditors - 1,434
Amounts owed to group undertakings - 25,620
Corporation tax 12,915 8,452
Social security and other taxes 1,728 1,588
Pension 892 359
VAT 56,477 50,697
Directors' current accounts 121,185 154,271
Accrued expenses 1,385 1,315
200,054 249,782

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,943 12,091
Bank loans - 2-5 years 16,415 18,137
Bank loans more 5 yr by instal 456 2,364
27,814 32,592

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 456 2,364

8. RESERVES
Retained
earnings
£   

At 1 June 2023 140,022
Profit for the year 107,990
Dividends (167,500 )
At 31 May 2024 80,512

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E Jazai.