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REGISTERED NUMBER: 05610043 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

R G Vehicle Sales Limited

R G Vehicle Sales Limited (Registered number: 05610043)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R G Vehicle Sales Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M Rochford





SECRETARY: Mrs J A Rochford





REGISTERED OFFICE: Durham Road
Esh Winning
Durham
DH7 9NR





REGISTERED NUMBER: 05610043 (England and Wales)





ACCOUNTANTS: CM Sewell & Company
53 Welby Drive
Ushaw Moor
Durham
Co. Durham
DH7 7GA

R G Vehicle Sales Limited (Registered number: 05610043)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,883 2,354

CURRENT ASSETS
Debtors 5 32,297 13,297
Cash at bank 6,287 38,239
38,584 51,536
CREDITORS
Amounts falling due within one year 6 16,912 28,327
NET CURRENT ASSETS 21,672 23,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,555

25,563

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,455 25,463
23,555 25,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





M Rochford - Director


R G Vehicle Sales Limited (Registered number: 05610043)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

R G Vehicle Sales 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 each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

R G Vehicle Sales Limited (Registered number: 05610043)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 8,375
DEPRECIATION
At 1 July 2023 6,021
Charge for year 471
At 30 June 2024 6,492
NET BOOK VALUE
At 30 June 2024 1,883
At 30 June 2023 2,354

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by participating interests 32,297 13,297

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 16,912 28,327