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Company Registration No. 08507455 (England and Wales)
Cars Remarketing Limited Unaudited accounts for the year ended 29 April 2024
Cars Remarketing Limited Unaudited accounts Contents
Page
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Cars Remarketing Limited Company Information for the year ended 29 April 2024
Director
Pamela Elizabeth Rutherford
Company Number
08507455 (England and Wales)
Registered Office
4 Boundary Way Shepshed Loughborough LE12 9TZ
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Cars Remarketing Limited Statement of financial position as at 29 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
129 
Current assets
Inventories
470,921 
551,345 
Debtors
(11,505)
91,044 
Cash at bank and in hand
1,564 
272 
460,980 
642,661 
Creditors: amounts falling due within one year
(240,908)
(390,661)
Net current assets
220,072 
252,000 
Total assets less current liabilities
220,072 
252,129 
Creditors: amounts falling due after more than one year
(10,833)
(22,001)
Net assets
209,239 
230,128 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
209,238 
230,127 
Shareholders' funds
209,239 
230,128 
For the year ending 29 April 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 her 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 24 March 2025 and were signed on its behalf by
Pamela Elizabeth Rutherford Director Company Registration No. 08507455
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Cars Remarketing Limited Notes to the Accounts for the year ended 29 April 2024
1
Statutory information
Cars Remarketing Limited is a private company, limited by shares, registered in England and Wales, registration number 08507455. The registered office is 4 Boundary Way, Shepshed, Loughborough, LE12 9TZ.
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
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.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 30 April 2023
601 
At 29 April 2024
601 
Depreciation
At 30 April 2023
472 
Charge for the year
129 
At 29 April 2024
601 
Net book value
At 29 April 2024
- 
At 29 April 2023
129 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(12,200)
89,140 
Accrued income and prepayments
695 
904 
Other debtors
- 
1,000 
(11,505)
91,044 
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Cars Remarketing Limited Notes to the Accounts for the year ended 29 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,679 
VAT
48,550 
57,457 
Trade creditors
98,590 
189,404 
Taxes and social security
16,404 
26,827 
Loans from directors
66,314 
73,544 
Accruals
1,050 
32,750 
240,908 
390,661 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,833 
22,001 
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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