| N D Brown (Vehicle Sales) Limited |
| Registered number: |
12204457 |
| Balance Sheet |
| as at 31 March 2025 |
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| Notes |
|
2025 |
|
2024 |
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£ |
£ |
|
£ |
£ |
| Current assets |
| Debtors |
3 |
|
18,135 |
|
|
368,616 |
| Cash at bank and in hand |
|
|
15,446 |
|
|
579,889 |
|
|
|
33,581 |
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|
948,505 |
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|
|
|
|
|
|
| Creditors: amounts falling due within one year |
4 |
|
(2,000) |
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|
(186,706) |
|
| Net current assets |
|
|
|
31,581 |
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|
761,799 |
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| Net assets |
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|
31,581 |
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761,799 |
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| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
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|
|
31,580 |
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|
761,798 |
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| Shareholder's funds |
|
|
|
31,581 |
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761,799 |
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| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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| N D Brown |
| Director |
| Approved by the board on 8 September 2025 |
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| N D Brown (Vehicle Sales) Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover comprises revenue earned from the sale of goods, this is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
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Debtors |
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Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are also recognised at transaction price including any transaction costs. |
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Creditors |
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Short term creditors are measured at transaction price. Loans and other financial liabilities are also recognised at transaction price net of any transaction costs. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
1 |
|
1 |
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| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
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Trade debtors |
- |
|
1,200 |
|
Amounts owed by connected company |
|
17,722 |
|
364,477 |
|
Other debtors |
413 |
|
2,939 |
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18,135 |
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368,616 |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
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Trade creditors |
- |
|
1,690 |
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Corporation tax |
- |
|
183,516 |
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Accruals and deferred income |
2,000 |
|
1,500 |
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|
2,000 |
|
186,706 |
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| 5 |
Related party transactions |
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During the year the company made loans to N D Brown Ltd a company in which N D Brown has a controlling interest. The loan was made on commercial terms. |
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| 6 |
Controlling party |
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The company is under the control of N D Brown |
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| 7 |
Other information |
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N D Brown (Vehicle Sales) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Slade Heath Garage |
|
Old Stafford Road |
|
Slade Heath |
|
Wolverhampton |
|
WV10 7 PD |