STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Company Registration Number:
04441262 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Richard Tofts
Registered office: 4
School Hill
Storrington
Pulborough
West Sussex
RH20 4NB
Company Registration Number: 04441262 (England and Wales)

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

Retail trade of motor vehicle parts and accessories

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Richard Tofts

This report was approved by the board of directors on 21 July 2025
And Signed On Behalf Of The Board By:

Name: Richard Tofts
Status: Director

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 539,727 384,052
Cost of sales ( 390,309 ) ( 277,280 )
Gross Profit or (Loss) 149,418 106,772
Administrative Expenses ( 92,354 ) ( 84,338 )
Operating Profit or (Loss) 57,064 22,434
Interest Receivable and Similar Income 1,237 293
Interest Payable and Similar Charges ( 1,603 ) ( 1,659 )
Profit or (Loss) Before Tax 56,698 21,068
Tax on Profit ( 10,619 ) ( 4,003 )
Profit or (Loss) for Period 46,079 17,065

The notes form part of these financial statements

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 238,936 239,334
Total fixed assets: 238,936 239,334
Current assets
Stocks: 88,346 49,647
Debtors: 5 18,433 23,946
Cash at bank and in hand: 31,853 18,339
Total current assets: 138,632 91,932
Creditors: amounts falling due within one year: 6 ( 111,285 ) ( 135,021 )
Net current assets (liabilities): 27,347 ( 43,089 )
Total assets less current liabilities: 266,283 196,245
Creditors: amounts falling due after more than one year: 7 ( 113,798 ) ( 89,839 )
Total net assets (liabilities): 152,485 106,406

The notes form part of these financial statements

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 152,483 106,404
Shareholders funds: 152,485 106,406

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 July 2025
And Signed On Behalf Of The Board By:

Name: Richard Tofts
Status: Director

The notes form part of these financial statements

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 2

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Land & buildings Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 November 2023 230,606 10,935 13,588 48,840 303,969
Additions - 67 1,364 - 1,431
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 October 2024 230,606 11,002 14,952 48,840 305,400
Depreciation
At 01 November 2023 0 10,578 9,087 44,970 64,635
Charge for year - 77 1,055 697 1,829
On disposals - - - - -
Other adjustments - - - - -
At 31 October 2024 0 10,655 10,142 45,667 66,464
Net book value
At 31 October 2024 230,606 347 4,810 3,173 238,936
At 31 October 2023 230,606 357 4,501 3,870 239,334

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors


2024
£

2023
£
Trade debtors 18,433 23,946
Total 18,433 23,946

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 9,060 17,081
Trade creditors 80,627 67,995
Taxation and social security 18,988 18,471
Other creditors 2,610 31,474
Total 111,285 135,021

STORRINGTON CAR PARTS & ACCESSORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 18,759 9,839
Other creditors 95,039 80,000
Total 113,798 89,839