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
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
Cars Remarketing Limited
Statement of financial position
as at 29 April 2024
Inventories
470,921
551,345
Cash at bank and in hand
1,564
272
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
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
Cars Remarketing Limited
Notes to the Accounts
for the year ended 29 April 2024
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.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
(12,200)
89,140
Accrued income and prepayments
695
904
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
Trade creditors
98,590
189,404
Taxes and social security
16,404
26,827
Loans from directors
66,314
73,544
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 1 (2023: 0).