IRIS Accounts Production v24.3.2.46 01911733 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019117332023-10-31019117332024-10-31019117332023-11-012024-10-31019117332022-10-31019117332022-11-012023-10-31019117332023-10-3101911733ns15:EnglandWales2023-11-012024-10-3101911733ns14:PoundSterling2023-11-012024-10-3101911733ns10:Director12023-11-012024-10-3101911733ns10:Director22023-11-012024-10-3101911733ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3101911733ns10:SmallEntities2023-11-012024-10-3101911733ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3101911733ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3101911733ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3101911733ns10:FullAccounts2023-11-012024-10-3101911733ns10:CompanySecretary12023-11-012024-10-3101911733ns10:RegisteredOffice2023-11-012024-10-3101911733ns5:CurrentFinancialInstruments2024-10-3101911733ns5:CurrentFinancialInstruments2023-10-3101911733ns5:Non-currentFinancialInstruments2024-10-3101911733ns5:Non-currentFinancialInstruments2023-10-3101911733ns5:ShareCapital2024-10-3101911733ns5:ShareCapital2023-10-3101911733ns5:RetainedEarningsAccumulatedLosses2024-10-3101911733ns5:RetainedEarningsAccumulatedLosses2023-10-3101911733ns5:LeaseholdImprovements2023-11-012024-10-3101911733ns5:PlantMachinery2023-11-012024-10-3101911733ns5:FurnitureFittings2023-11-012024-10-3101911733ns5:LeaseholdImprovements2023-10-3101911733ns5:PlantMachinery2023-10-3101911733ns5:FurnitureFittings2023-10-3101911733ns5:LeaseholdImprovements2024-10-3101911733ns5:PlantMachinery2024-10-3101911733ns5:FurnitureFittings2024-10-3101911733ns5:LeaseholdImprovements2023-10-3101911733ns5:PlantMachinery2023-10-3101911733ns5:FurnitureFittings2023-10-3101911733ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3101911733ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3101911733ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-10-3101911733ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3101911733ns5:RetainedEarningsAccumulatedLosses2023-10-3101911733ns5:RetainedEarningsAccumulatedLosses2023-11-012024-10-31
REGISTERED NUMBER: 01911733 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Continental Service Station (Abercrave)
Limited

Continental Service Station (Abercrave)
Limited (Registered number: 01911733)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Continental Service Station (Abercrave)
Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mrs A J Burdett
Ms G E Burdett





SECRETARY: Ms G E Burdett





REGISTERED OFFICE: Brecon Road
Abercrave
SWANSEA
SA9 1SW





REGISTERED NUMBER: 01911733 (England and Wales)





ACCOUNTANTS: Ashmole & Co
151 Windsor Road
NEATH
SA11 1NU

Continental Service Station (Abercrave)
Limited (Registered number: 01911733)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,034 70,770

CURRENT ASSETS
Stocks 94,489 109,975
Debtors 5 40,800 57,016
Cash at bank 91,340 75,646
226,629 242,637
CREDITORS
Amounts falling due within one year 6 152,933 139,820
NET CURRENT ASSETS 73,696 102,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,730

173,587

CREDITORS
Amounts falling due after more than one
year

7

(16,679

)

-

PROVISIONS FOR LIABILITIES (20,717 ) (13,446 )
NET ASSETS 145,334 160,141

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 8 144,334 159,141
SHAREHOLDERS' FUNDS 145,334 160,141

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Continental Service Station (Abercrave)
Limited (Registered number: 01911733)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:




Mrs A J Burdett - Director



Ms G E Burdett - Director


Continental Service Station (Abercrave)
Limited (Registered number: 01911733)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Continental Service Station (Abercrave) 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.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance and at varying rates on cost
Fixtures and fittings - 20% on reducing balance

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.

Continental Service Station (Abercrave)
Limited (Registered number: 01911733)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 November 2023 33,502 125,347 1,148 159,997
Additions - 44,471 - 44,471
At 31 October 2024 33,502 169,818 1,148 204,468
DEPRECIATION
At 1 November 2023 33,502 54,577 1,148 89,227
Charge for year - 6,207 - 6,207
At 31 October 2024 33,502 60,784 1,148 95,434
NET BOOK VALUE
At 31 October 2024 - 109,034 - 109,034
At 31 October 2023 - 70,770 - 70,770

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,479 48,520
Other debtors 896 -
Prepayments 12,425 8,496
40,800 57,016

Continental Service Station (Abercrave)
Limited (Registered number: 01911733)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,988 -
Trade creditors 84,150 83,235
Social security and other taxes 7,723 9,558
VAT 4,144 5,062
Other creditors 42,328 38,355
Directors' current accounts 720 480
Accrued expenses 3,880 3,130
152,933 139,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 16,679 -

8. RESERVES
Retained
earnings
£   

At 1 November 2023 159,141
Deficit for the year (14,807 )
At 31 October 2024 144,334