Company Registration No. 06530357 (England and Wales)
123 car commercial limited
Unaudited accounts
for the year ended 31 March 2025
123 car commercial limited
Unaudited accounts
Contents
123 car commercial limited
Company Information
for the year ended 31 March 2025
Directors
danniel richard hodges
r j Bishop
J mckensie
Company Number
06530357 (England and Wales)
123 car commercial limited
Statement of financial position
as at 31 March 2025
Tangible assets
19,974
26,520
Cash at bank and in hand
55,274
18,619
Creditors: amounts falling due within one year
(23,669)
(40,627)
Net current assets
39,578
16,453
Total assets less current liabilities
59,552
42,973
Creditors: amounts falling due after more than one year
-
(38,586)
Called up share capital
103
103
Profit and loss account
59,449
4,284
Shareholders' funds
59,552
4,387
For the year ending 31 March 2025 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 11 September 2025 and were signed on its behalf by
r j Bishop
Director
Company Registration No. 06530357
123 car commercial limited
Notes to the Accounts
for the year ended 31 March 2025
123 car commercial limited is a private company, limited by shares, registered in England and Wales, registration number 06530357.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
50,402
46,273
61,500
10,522
168,697
At 31 March 2025
50,402
46,273
61,500
10,522
168,697
At 1 April 2024
35,196
39,653
61,500
5,828
142,177
Charge for the year
3,801
1,572
-
1,173
6,546
At 31 March 2025
38,997
41,225
61,500
7,001
148,723
At 31 March 2025
11,405
5,048
-
3,521
19,974
At 31 March 2024
15,206
6,620
-
4,694
26,520
Amounts falling due within one year
Trade debtors
6,764
37,014
123 car commercial limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,957
29,567
Taxes and social security
17,448
7,744
Loans from directors
514
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 10 (2024: 10).