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REGISTERED NUMBER: 08407973 (England and Wales)
























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

WIRKSWORTHCARS.COM LIMITED

WIRKSWORTHCARS.COM LIMITED (REGISTERED NUMBER: 08407973)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 July 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WIRKSWORTHCARS.COM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 July 2024







DIRECTOR: D L Barnes



REGISTERED OFFICE: Derwent House
141-145 Dale Road
Matlock
Derbyshire
DE4 3LU



REGISTERED NUMBER: 08407973 (England and Wales)



ACCOUNTANTS: Mills & Black
Derwent House
141-145 Dale Road
Matlock
Derbyshire
DE4 3LU



BANKERS: National Westminster plc
1 Water Lane
Bakewell
Derbyshire
DE45 1YY

WIRKSWORTHCARS.COM LIMITED (REGISTERED NUMBER: 08407973)

ABRIDGED BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 170,575 133,867

CURRENT ASSETS
Stocks 402,751 591,211
Debtors 6,661 9,110
Cash at bank 17,452 9,278
426,864 609,599
CREDITORS
Amounts falling due within one year 217,065 343,901
NET CURRENT ASSETS 209,799 265,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

380,374

399,565

CREDITORS
Amounts falling due after more than one
year

5

(49,170

)

(60,382

)

PROVISIONS FOR LIABILITIES (6,056 ) (5,373 )
NET ASSETS 325,148 333,810

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 325,048 333,710
SHAREHOLDERS' FUNDS 325,148 333,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

WIRKSWORTHCARS.COM LIMITED (REGISTERED NUMBER: 08407973)

ABRIDGED BALANCE SHEET - continued
31 July 2024



The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





D L Barnes - Director


WIRKSWORTHCARS.COM LIMITED (REGISTERED NUMBER: 08407973)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 July 2024

1. STATUTORY INFORMATION

Wirksworthcars.com 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.
Leasehold - Straight line over 20 years
Plant and machinery - 20% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

WIRKSWORTHCARS.COM LIMITED (REGISTERED NUMBER: 08407973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 214,335
Additions 53,770
At 31 July 2024 268,105
DEPRECIATION
At 1 August 2023 80,468
Charge for year 17,062
At 31 July 2024 97,530
NET BOOK VALUE
At 31 July 2024 170,575
At 31 July 2023 133,867

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.7.24 31.7.23
£    £   
Repayable otherwise than by instalments
Bank loans more 5 years 27,665 28,864

6. CONTROLLING PARTY

The controlling party is D L Barnes.