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Company Registration No. 13269811 (England and Wales)
GH CAR SALES CENTER LTD Unaudited accounts for the year ended 31 March 2025
GH CAR SALES CENTER LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GH CAR SALES CENTER LTD Company Information for the year ended 31 March 2025
Director
G Houghton
Company Number
13269811 (England and Wales)
Registered Office
HOUGHTON HOUSE NEW ROAD TEAM VALLEY TRADING ESTATE GATESHEAD TYNE & WEAR NE11 0JU ENGLAND
Accountants
G W Accountants Ltd 1 Jesmond Business Court 217 Jesmond Road Newcastle upon Tyne NE2 1LA
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GH CAR SALES CENTER LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Inventories
436,270
414,450
Debtors
4
10,696
14,079
Cash at bank and in hand
57,008
43,191
503,974
471,720
Creditors: amounts falling due within one year
5
(554,981)
(532,312)
Net current liabilities
(51,007)
(60,592)
Net liabilities
(51,007)
(60,592)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(51,107)
(60,692)
Shareholders' funds
(51,007)
(60,592)
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 director acknowledges his 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 and authorised for issue on 31 October 2025 and were signed on its behalf by
G Houghton Director Company Registration No. 13269811
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GH CAR SALES CENTER LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GH CAR SALES CENTER LTD is a private company, limited by shares, registered in England and Wales, registration number 13269811. The registered office is HOUGHTON HOUSE NEW ROAD, TEAM VALLEY TRADING ESTATE, GATESHEAD, TYNE & WEAR, NE11 0JU, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
10,696
14,079
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
11,978
7,998
Trade creditors
23,124
36,769
Other creditors
71,989
-
Loans from directors
447,890
487,545
554,981
532,312
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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