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Company Registration No. 05852812 (England and Wales)
Bizee Cars Ltd Unaudited accounts for the year ended 9 September 2024
Bizee Cars Ltd Unaudited accounts Contents
Page
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Bizee Cars Ltd Company Information for the year ended 9 September 2024
Directors
Liton Miah Mohamad Shakeel MEHRAB
Company Number
05852812 (England and Wales)
Registered Office
Lakeside Garage 48 Welley Road Wraysbury Staines TW19 5DJ
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Bizee Cars Ltd Statement of financial position as at 9 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
233,639 
241,341 
Tangible assets
59,513 
63,107 
293,152 
304,448 
Current assets
Cash at bank and in hand
34,514 
42,224 
Creditors: amounts falling due within one year
(210,954)
(352,127)
Net current liabilities
(176,440)
(309,903)
Net assets/(liabilities)
116,712 
(5,455)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
116,702 
(5,465)
Shareholders' funds
116,712 
(5,455)
For the year ending 9 September 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by
Liton Miah Director Company Registration No. 05852812
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Bizee Cars Ltd Notes to the Accounts for the year ended 9 September 2024
1
Statutory information
Bizee Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 05852812. The registered office is Lakeside Garage, 48 Welley Road Wraysbury, Staines, TW19 5DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing
Motor vehicles
25 reducing
Fixtures & fittings
25% reducing
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is written off over its estimated useful life of 20 years at 5% on original cost annually.
Going concern
The accompanying financial statements have been prepared as a going concern and the directors have considered this is appropriate for the foreseeable future.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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Bizee Cars Ltd Notes to the Accounts for the year ended 9 September 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 10 September 2023
254,044 
At 9 September 2024
254,044 
Amortisation
At 10 September 2023
12,703 
Charge for the year
7,702 
At 9 September 2024
20,405 
Net book value
At 9 September 2024
233,639 
At 9 September 2023
241,341 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 10 September 2023
73,223 
10,000 
921 
84,144 
Additions
2,911 
- 
- 
2,911 
At 9 September 2024
76,134 
10,000 
921 
87,055 
Depreciation
At 10 September 2023
18,306 
2,500 
231 
21,037 
Charge for the year
4,457 
1,875 
173 
6,505 
At 9 September 2024
22,763 
4,375 
404 
27,542 
Net book value
At 9 September 2024
53,371 
5,625 
517 
59,513 
At 9 September 2023
54,917 
7,500 
690 
63,107 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,466 
12,982 
Taxes and social security
32,270 
7,359 
Other creditors
6,458 
83,959 
Loans from directors
154,910 
245,727 
Accruals
3,850 
2,100 
210,954 
352,127 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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