BrightAccountsProduction v1.0.0 v1.0.0 2023-09-01 The company was not dormant during the period The company was trading for the entire period FRS 105 Accounts The principal activity is that of vehicle sales. 27 February 2025 NI681296 2024-08-31 NI681296 2023-08-31 NI681296 2022-08-31 NI681296 2023-09-01 2024-08-31 NI681296 2022-09-01 2023-08-31 NI681296 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 NI681296 uk-curr:PoundSterling 2023-09-01 2024-08-31 NI681296 uk-bus:FullAccounts 2023-09-01 2024-08-31 NI681296 uk-bus:Director1 2023-09-01 2024-08-31 NI681296 uk-bus:RegisteredOffice 2023-09-01 2024-08-31 NI681296 uk-bus:Agent1 2023-09-01 2024-08-31 NI681296 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 NI681296 uk-core:CapitalReserve 2024-08-31 NI681296 uk-core:CapitalReserve 2023-08-31 NI681296 2023-09-01 2024-08-31 NI681296 uk-bus:Micro-entities 2023-09-01 2024-08-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI681296
 
 
Frank Wray Cars Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 August 2024
Frank Wray Cars Limited
DIRECTOR AND OTHER INFORMATION

 
Director FRANCIS ANDREW WRAY
Director FRANCIS ANDREW WRAY
 
 
Company Registration Number NI681296
 
 
Registered Office and Business Address 144 URNEY ROAD
Clady
Tyrone
BT82 9RP
United Kingdom
 
 
Accountants Kelly Accountants
16 Patrick Street
Strabane
Tyrone
BT82 8DG



Frank Wray Cars Limited

ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Frank Wray Cars Limited
for the financial year ended 31 August 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 August 2024 as set out on pages 5 to 7 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Frank Wray Cars Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by and have complied with the relevant ethical guidance laid down by relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 31 August 2024 your duty to ensure that Frank Wray Cars Limited  has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Frank Wray Cars Limited . You consider that Frank Wray Cars Limited  is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Frank Wray Cars Limited . For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
KELLY ACCOUNTANTS
16 Patrick Street
Strabane
Tyrone
BT82 8DG
 
27 February 2025



Frank Wray Cars Limited
INCOME STATEMENT
for the financial year ended 31 August 2024
2024 2023
£ £

Turnover 448,112 -
Cost of raw materials and consumables (383,140) -
Staff costs (2,100) -
Depreciation and other amounts written off assets (4,325) -
Other charges (45,209) -
───────── ─────────
Profit before taxation 13,338 -
Tax (2,617) -
───────── ─────────
Profit 10,721 -
═════════ ═════════



Frank Wray Cars Limited
Company Registration Number: NI681296
STATEMENT OF FINANCIAL POSITION
as at 31 August 2024

    2024   2023
  £   £
ASSETS
Fixed Assets 82,175   -
Current assets 11,787   -
  ─────────   ─────────
  93,962   -
  ═════════   ═════════
CAPITAL, RESERVES AND LIABILITIES
Capital and Reserves 10,821   -
Creditors: amounts falling due within one year 81,941   -
Accruals and deferred income 1,200   -
  ─────────   ─────────
  93,962   -
  ═════════   ═════════
 
Notes to the Financial statements
   
1. General Information
 
Frank Wray Cars Limited  is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI681296. The registered office of the company is 144 URNEY ROAD, Clady, Tyrone, BT82 9RP, United Kingdom which is also the principal place of business of the company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
       
2. Employees
 
The average monthly number of employees, including director, during the financial year was 2, (2023 - 2).
 
  2024 2023
  Number Number
 
Director 1 1
GENERAL 1 1
  ───────── ─────────
  2 2
  ═════════ ═════════
   
3. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.
     
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
Approved by the Director on 27 February 2025 and signed by:
 
   
________________________________  
FRANCIS ANDREW WRAY  
Director  



Frank Wray Cars Limited
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
TRADING STATEMENT
for the financial year ended 31 August 2024
2024 2023
£ £

Sales 448,112 -
───────── ─────────
       
Cost of sales
Purchases 383,140 -
  ─────────   ─────────
  383,140   -
  ─────────   ─────────
       
Gross profit 64,972   -
  ─────────   ─────────
Gross profit Percentage 14.5%   -%
  ─────────   ─────────
       
Administrative expenses
Wages and salaries 2,100   -
Insurance 4,462 -
Advertising 2,024 -
Telephone  Broadband 1,041 -
Transport 2,414 -
Motor expenses 29,149 -
Travelling and entertainment 1,401 -
Accountancy Fees 1,200 -
Bank charges 2,735 -
Depreciation of tangible assets 4,325   -
  ─────────   ─────────
  50,851   -
  ─────────   ─────────
       
Finance
Hire purchase interest 783 -
  ─────────   ─────────
       
Net profit 13,338   -
  ═════════   ═════════