SERENDIPITY MOTORS LIMITED

Company Registration Number:
04762274 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

SERENDIPITY MOTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

SERENDIPITY MOTORS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 12,551 13,834
Total fixed assets: 12,551 13,834
Current assets
Stocks: 151,466 97,708
Cash at bank and in hand: 41,604 33,612
Total current assets: 193,070 131,320
Creditors: amounts falling due within one year: 4 (78,326) (55,366)
Net current assets (liabilities): 114,744 75,954
Total assets less current liabilities: 127,295 89,788
Creditors: amounts falling due after more than one year: 5 (43,265) (43,902)
Total net assets (liabilities): 84,030 45,886
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 83,030 44,886
Shareholders funds: 84,030 45,886

The notes form part of these financial statements

SERENDIPITY MOTORS LIMITED

Balance sheet statements

For the year ending 31 May 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: P. Coombs
Status: Director

The notes form part of these financial statements

SERENDIPITY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SERENDIPITY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 2 1

SERENDIPITY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 31,262
At 31 May 2024 31,262
Depreciation
At 01 June 2023 17,428
Charge for year 1,283
At 31 May 2024 18,711
Net book value
At 31 May 2024 12,551
At 31 May 2023 13,834

SERENDIPITY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

Corporation Tax £30908 Trade Creditors 2039 Taxation & Soc Sec. 9099 Other Creditors 36280 Total £78326

SERENDIPITY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

Bank Loans £ 18265 Loans 25000 Total £43265