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Registered number: 10042373
Brownhills Cars Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10042373
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,471 14,172
11,471 14,172
CURRENT ASSETS
Debtors 5 24,111 2,589
Cash at bank and in hand 5,067 53
29,178 2,642
Creditors: Amounts Falling Due Within One Year 6 (68,539 ) (56,836 )
NET CURRENT ASSETS (LIABILITIES) (39,361 ) (54,194 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,890 ) (40,022 )
Creditors: Amounts Falling Due After More Than One Year 7 (443,186 ) (437,167 )
NET LIABILITIES (471,076 ) (477,189 )
CAPITAL AND RESERVES
Called up share capital 8 150 150
Profit and Loss Account (471,226 ) (477,339 )
SHAREHOLDERS' FUNDS (471,076) (477,189)
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Amer Riaz
Director
23/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Brownhills Cars Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10042373 . The registered office is 13a High Street, Brownhills, West Midlands, WS8 6ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15%
Motor Vehicles 20%
Fixtures & Fittings 15%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 8,268 56,367 357 64,992
As at 31 March 2025 8,268 56,367 357 64,992
Depreciation
As at 1 April 2024 5,711 44,866 243 50,820
Provided during the period 384 2,300 17 2,701
As at 31 March 2025 6,095 47,166 260 53,521
Net Book Value
As at 31 March 2025 2,173 9,201 97 11,471
As at 1 April 2024 2,557 11,501 114 14,172
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,342 1,352
Other debtors 12,769 1,237
24,111 2,589
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 38,536 30,511
Bank loans and overdrafts 11,405 10,190
Other creditors 10,736 12,302
Taxation and social security 7,862 3,833
68,539 56,836
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,027 8,641
Other creditors 439,159 428,526
443,186 437,167
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 150 150
Page 3