REGISTERED NUMBER: 05658206 (England and Wales)

CARSQA Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr. K C Porter

Ms. L M Porter

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

05658206 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

3,086

4,222

Current assets

Debtors

5

547,245

154,357

Cash at bank

159,712

444,012

706,957

598,369

Creditors

Amounts falling due within one year

6

260,836

210,021

Net current assets

446,121

388,348

Total assets less current liabilities

449,207

392,570

Creditors

Amounts falling due after more than one year

7

9,457

19,204

Net assets

439,750

373,366

Capital and reserves

Called up share capital

752

752

Capital redemption reserve

250

250

Retained earnings

438,748

372,364

439,750

373,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th November 2025 and were signed on its behalf by:

Mr. K C Porter - Director

1.	Statutory information

CARSQA Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition

Turnover represents the total value of sales made during the year, excluding Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1st April 2024

17,003

Disposals

(2,559

)

At 31st March 2025

14,444

Depreciation

At 1st April 2024

12,781

Charge for year

1,028

Eliminated on disposal

(2,451

)

At 31st March 2025

11,358

Net book value

At 31st March 2025

3,086

At 31st March 2024

4,222

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

187,417

154,357

Other debtors

359,828

-

547,245

154,357

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

11,303

15,384

Trade creditors

46,098

20,274

Taxation and social security

140,661

116,416

Other creditors

62,774

57,947

260,836

210,021

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

9,457

19,204