Company Registration No. 13491333 (England and Wales)
Car Auction Buying Service Limited
Unaudited accounts
for the year ended 31 July 2025
Car Auction Buying Service Limited
Unaudited accounts
Contents
Car Auction Buying Service Limited
Company Information
for the year ended 31 July 2025
Company Number
13491333 (England and Wales)
Registered Office
APARTMENT 11 ,THREE MAYPOLES WHARF
120 TYTHE BARN LANE, SHIRLEY
SOLIHULL
B90 1PF
ENGLAND
Accountants
Perfect Balance Accounting Ltd
318 Stratford Road
Shirley
Solihull
West Midlands
B90 3DN
Car Auction Buying Service Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
3,403
8,171
Creditors: amounts falling due within one year
(5,761)
(5,859)
Net current (liabilities)/assets
(2,358)
2,312
Total assets less current liabilities
(2,358)
2,312
Creditors: amounts falling due after more than one year
3,171
(2,018)
Called up share capital
1
1
Profit and loss account
812
293
Shareholders' funds
813
294
For the year ending 31 July 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 26 April 2026 and were signed on its behalf by
Mr Simon Firkins
Director
Company Registration No. 13491333
Car Auction Buying Service Limited
Notes to the Accounts
for the year ended 31 July 2025
Car Auction Buying Service Limited is a private company, limited by shares, registered in England and Wales, registration number 13491333. The registered office is APARTMENT 11 ,THREE MAYPOLES WHARF, 120 TYTHE BARN LANE, SHIRLEY, SOLIHULL, B90 1PF, 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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,047
5,264
5
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
(5,032)
(1,445)
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).