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Company Registration No. 14614621 (England and Wales)
BURY CARS & COMMERCIALS LTD Unaudited accounts for the year ended 31 January 2025
BURY CARS & COMMERCIALS LTD Unaudited accounts Contents
Page
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BURY CARS & COMMERCIALS LTD Company Information for the year ended 31 January 2025
Director
Chaudhry Taimoor ASHFAQ
Company Number
14614621 (England and Wales)
Registered Office
Bury & Bolton Road Radcliffe Manchester M26 4FP ENGLAND
Accountants
AWS Chartered Certified Accountants The Mosses Community Centre Cecil Street Bury BL9 0SB
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BURY CARS & COMMERCIALS LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,947 
- 
Current assets
Inventories
289,789 
26,570 
Debtors
5,295 
111 
Cash at bank and in hand
44,170 
5,605 
339,254 
32,286 
Creditors: amounts falling due within one year
(329,444)
(44,478)
Net current assets/(liabilities)
9,810 
(12,192)
Net assets/(liabilities)
25,757 
(12,192)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,657 
(12,292)
Shareholders' funds
25,757 
(12,192)
For the year ending 31 January 2025 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 26 February 2025 and were signed on its behalf by
Chaudhry Taimoor ASHFAQ Director Company Registration No. 14614621
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BURY CARS & COMMERCIALS LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
BURY CARS & COMMERCIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 14614621. The registered office is Bury & Bolton Road, Radcliffe, Manchester, M26 4FP, 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
These financial statements for the year ended 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2024
- 
Additions
19,448 
At 31 January 2025
19,448 
Depreciation
Charge for the year
3,501 
At 31 January 2025
3,501 
Net book value
At 31 January 2025
15,947 
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BURY CARS & COMMERCIALS LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
295 
111 
Other debtors
5,000 
- 
5,295 
111 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
450 
- 
Taxes and social security
2,392 
- 
Loans from directors
325,102 
35,483 
Accruals
1,500 
- 
Deferred income
- 
8,995 
329,444 
44,478 
7
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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