Registration number: 04785805

N Kendrick Cars Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

N Kendrick Cars Limited

Company Information

Director

Mr N H Kendrick

Registered office

83a Alexandra Road Tipton Dudley West Midlands DY4 8TD

Accountants

Neil Westwood & Co Chartered Accountants101 Dixons Green Road Dudley West Midlands DY2 7DJ

N Kendrick Cars Limited

(Registration number: 04785805)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Current assets
Stocks	5	16,500	8,050
Cash at bank and in hand		38,736	31,867
		55,236	39,917
Creditors: Amounts falling due within one year	6	(33,768)	(12,673)
Net assets		21,468	27,244
Capital and reserves
Called up share capital	7	1	1
Retained earnings		21,467	27,243
Shareholders' funds		21,468	27,244

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 September 2025
 

Mr N H Kendrick Director

N Kendrick Cars Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
83a Alexandra Road
Tipton
Dudley
West Midlands
DY4 8TD

These financial statements were authorised for issue by the director on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

N Kendrick Cars Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

2	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

N Kendrick Cars Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 October 2023	1,705	1,705
At 30 September 2024	1,705	1,705
Depreciation
At 1 October 2023	1,705	1,705
At 30 September 2024	1,705	1,705
Carrying amount
At 30 September 2024	-	-

5

Stocks

	2024 £	2023 £
Finished goods and goods for resale	16,500	8,050

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	-	13
Taxation and social security	4,303	5,262
Accruals and deferred income	3,489	5,210
Other creditors	25,976	2,188
	33,768	12,673

N Kendrick Cars Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	1	1	1	1