Company Registration No. 09078723 (England and Wales)
Parts City Ltd
Unaudited accounts
for the year ended 30 June 2024
Parts City Ltd
Unaudited accounts
Contents
Parts City Ltd
Company Information
for the year ended 30 June 2024
Company Number
09078723 (England and Wales)
Registered Office
Parts City Ltd
5 Hayes Lane
Stourbridge
West Midlands
DY9 8QJ
England
Accountants
Clark & Deen Taxpro Limited
Benson House, Suite D
98-104 Lombard Street
Birmingham
West Midlands
B12 0QR
Parts City Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
6,154
4,721
Cash at bank and in hand
174,533
114,303
Creditors: amounts falling due within one year
(135,996)
(84,207)
Net current assets
216,254
200,813
Total assets less current liabilities
222,408
205,534
Creditors: amounts falling due after more than one year
(17,614)
(28,251)
Net assets
204,794
177,283
Called up share capital
1
1
Profit and loss account
204,793
177,282
Shareholders' funds
204,794
177,283
For the year ending 30 June 2024 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 25 March 2025 and were signed on its behalf by
AZIZ NOWROZEI
Director
Company Registration No. 09078723
Parts City Ltd
Notes to the Accounts
for the year ended 30 June 2024
Parts City Ltd is a private company, limited by shares, registered in England and Wales, registration number 09078723. The registered office is Parts City Ltd, 5 Hayes Lane, Stourbridge, West Midlands, DY9 8QJ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
5,041
15,250
20,291
At 30 June 2024
7,570
15,250
22,820
At 1 July 2023
3,852
11,718
15,570
Charge for the year
558
538
1,096
At 30 June 2024
4,410
12,256
16,666
At 30 June 2024
3,160
2,994
6,154
At 30 June 2023
1,189
3,532
4,721
Amounts falling due within one year
Trade debtors
107,622
107,622
Parts City Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,875
1,950
Taxes and social security
20,843
18,664
Loans from directors
110,403
59,868
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).