| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 March 2024 to 31 March 2024 |
| for |
| WASHCAR SYSTEMS LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 March 2024 to 31 March 2024 |
| for |
| WASHCAR SYSTEMS LIMITED |
| WASHCAR SYSTEMS LIMITED (REGISTERED NUMBER: 04147707) |
| Contents of the Financial Statements |
| for the period 1 March 2024 to 31 March 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| WASHCAR SYSTEMS LIMITED |
| Company Information |
| for the period 1 March 2024 to 31 March 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Global House |
| 303 Ballards Lane |
| London |
| N12 8NP |
| WASHCAR SYSTEMS LIMITED (REGISTERED NUMBER: 04147707) |
| Statement of Financial Position |
| 31 March 2024 |
| 31/3/24 | 29/2/24 |
| Notes | £ | £ |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Retained earnings | 6 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| WASHCAR SYSTEMS LIMITED (REGISTERED NUMBER: 04147707) |
| Statement of Financial Position - continued |
| 31 March 2024 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| WASHCAR SYSTEMS LIMITED (REGISTERED NUMBER: 04147707) |
| Notes to the Financial Statements |
| for the period 1 March 2024 to 31 March 2024 |
| 1. | STATUTORY INFORMATION |
| Washcar Systems Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| The directors believe that preparing the financial statements on a going concern basis is appropriate. |
| The directors have performed a detailed review of the projected P&L, cashflows and covenants which extend at least 12 months from the date of approval of these accounts. |
| The company will be supported by the continued funding provided by related entities to continue as a going concern. In addition, trading results to date show that the company is performing better than projected and are on course to surpass the result of these financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2024 - NIL). |
| 4. | FIXED ASSET INVESTMENTS |
| The company's investments at the Statement of Financial Position date in the share capital of companies include the following: |
| Registered office: Global House 303, Ballards Lane, London, England, N12 8NP |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31/3/24 | 29/2/24 |
| £ | £ |
| Aggregate capital and reserves |
| The above subsidiary is exempt from requirements of the Act relating to the audit of accounts under section 479A of the companies Act 2006. |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/3/24 | 29/2/24 |
| value: | £ | £ |
| Ordinary share | 1 | 100 | 100 |
| WASHCAR SYSTEMS LIMITED (REGISTERED NUMBER: 04147707) |
| Notes to the Financial Statements - continued |
| for the period 1 March 2024 to 31 March 2024 |
| 6. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 March 2024 | ( |
) |
| Profit for the period |
| At 31 March 2024 | ( |
) |
| 7. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Penny Petroleum (Topspot Limited) Limited by virtue of their holding in combination 100% of the issued share capital. |