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REGISTERED NUMBER: 04020763 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

DISCOUNT CAR CENTRE LIMITED

DISCOUNT CAR CENTRE LIMITED (REGISTERED NUMBER: 04020763)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DISCOUNT CAR CENTRE LIMITED

COMPANY INFORMATION
for the Year Ended 30th June 2024







Director: A Mellish





Registered office: Moorgate Garage
Radcliffe Moore Road
Radcliffe
Manchester
M26 3WL





Registered number: 04020763 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

DISCOUNT CAR CENTRE LIMITED (REGISTERED NUMBER: 04020763)

BALANCE SHEET
30th June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,098 6,507

Current assets
Stocks 1,367,527 1,561,217
Debtors 5 - 5,000
Cash at bank and in hand 144,259 88,284
1,511,786 1,654,501
Creditors
Amounts falling due within one year 6 295,082 339,945
Net current assets 1,216,704 1,314,556
Total assets less current liabilities 1,221,802 1,321,063

Creditors
Amounts falling due after more than one
year

7

52,593

95,891
Net assets 1,169,209 1,225,172

Capital and reserves
Called up share capital 8 100 100
Retained earnings 1,169,109 1,225,072
Shareholders' funds 1,169,209 1,225,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DISCOUNT CAR CENTRE LIMITED (REGISTERED NUMBER: 04020763)

BALANCE SHEET - continued
30th June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th March 2025 and were signed by:





A Mellish - Director


DISCOUNT CAR CENTRE LIMITED (REGISTERED NUMBER: 04020763)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th June 2024

1. Statutory information

Discount Car Centre Limited 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Fixtures
Long and
leasehold fittings Equipment Totals
£    £    £    £   
Cost
At 1st July 2023
and 30th June 2024 2,387 49,287 14,906 66,580
Depreciation
At 1st July 2023 2,387 47,112 10,574 60,073
Charge for year - 326 1,083 1,409
At 30th June 2024 2,387 47,438 11,657 61,482
Net book value
At 30th June 2024 - 1,849 3,249 5,098
At 30th June 2023 - 2,175 4,332 6,507

DISCOUNT CAR CENTRE LIMITED (REGISTERED NUMBER: 04020763)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th June 2024

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors - 5,000

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 18,000 70,019
Taxation and social security 44,372 88,383
Other creditors 232,710 181,543
295,082 339,945

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Other creditors 52,593 95,891

Amounts falling due in more than five years:

Repayable by instalments
Working capital loans 52,593 95,891

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100