PETROSALE LIMITED

Company Registration Number:
10590265 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PETROSALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

PETROSALE LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

15 months to 31 July 2023


£

£
Fixed assets
Tangible assets: 3 7,146 8,407
Total fixed assets: 7,146 8,407
Current assets
Stocks: 31,220 35,623
Debtors:   258,744 125,193
Cash at bank and in hand: 302,581 123,288
Total current assets: 592,545 284,104
Creditors: amounts falling due within one year:   (577,587) (269,210)
Net current assets (liabilities): 14,958 14,894
Total assets less current liabilities: 22,104 23,301
Total net assets (liabilities): 22,104 23,301
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 22,004 23,201
Shareholders funds: 22,104 23,301

The notes form part of these financial statements

PETROSALE LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 April 2025
and signed on behalf of the board by:

Name: J Gandhi
Status: Director

The notes form part of these financial statements

PETROSALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PETROSALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 15 months to 31 July 2023
Average number of employees during the period 3 3

PETROSALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 18,950
At 31 July 2024 18,950
Depreciation
At 01 August 2023 10,543
Charge for year 1,261
At 31 July 2024 11,804
Net book value
At 31 July 2024 7,146
At 31 July 2023 8,407