Company Registration No. 08760021 (England and Wales)
VISION CAR SALES LTD
Unaudited accounts
for the year ended 30 November 2024
VISION CAR SALES LTD
Unaudited accounts
Contents
VISION CAR SALES LTD
Company Information
for the year ended 30 November 2024
Company Number
08760021 (England and Wales)
Registered Office
Bridge End Station
Bridge End Road
SWINDON
SN3 4PD
United Kingdom
Accountants
Asmat & Co
84 High Street
Slough
Berkshire
SL1 1EL
VISION CAR SALES LTD
Statement of financial position
as at 30 November 2024
Inventories
198,803
334,079
Cash at bank and in hand
112,272
252
Creditors: amounts falling due within one year
(251,956)
(295,836)
Net current assets
59,807
38,495
Total assets less current liabilities
60,539
39,692
Creditors: amounts falling due after more than one year
(27,778)
(33,334)
Profit and loss account
27,761
1,358
Shareholders' funds
32,761
6,358
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 23 May 2025 and were signed on its behalf by
Zab Alam KHAN
Director
Company Registration No. 08760021
VISION CAR SALES LTD
Notes to the Accounts
for the year ended 30 November 2024
VISION CAR SALES LTD is a private company, limited by shares, registered in England and Wales, registration number 08760021. The registered office is Bridge End Station, Bridge End Road, SWINDON, SN3 4PD, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
15% straight-line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
VISION CAR SALES LTD
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,556
5,555
Taxes and social security
17,109
6,736
Other creditors
3,395
3,080
Loans from directors
222,746
272,972
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).