Company Registration No. 07383161 (England and Wales)
Crackley Garage Limited
Unaudited accounts
for the year ended 30 September 2022
Crackley Garage Limited
Unaudited accounts
Contents
Crackley Garage Limited
Company Information
for the year ended 30 September 2022
Company Number
07383161 (England and Wales)
Registered Office
Unit F Princes Drive Industrial Estate
Coventry Road
Kenilworth
CV8 2FD
Accountants
Peacock Accountants Limited
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Crackley Garage Limited
for the year ended 30 September 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Crackley Garage Limited for the year ended
30 September 2022 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Peacock Accountants Limited
Chartered Certified Accountants
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
30 June 2023
Crackley Garage Limited
Statement of financial position
as at 30 September 2022
Intangible assets
6,000
6,000
Tangible assets
103,068
76,677
Cash at bank and in hand
121,894
72,054
Creditors: amounts falling due within one year
(127,028)
(126,486)
Net current assets/(liabilities)
9,255
(28,830)
Total assets less current liabilities
118,323
53,847
Creditors: amounts falling due after more than one year
(28,643)
(45,824)
Called up share capital
100
100
Profit and loss account
89,580
7,923
Shareholders' funds
89,680
8,023
For the year ending 30 September 2022 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 30 June 2023 and were signed on its behalf by
Mr J G Poulter
Director
Company Registration No. 07383161
Crackley Garage Limited
Notes to the Accounts
for the year ended 30 September 2022
Crackley Garage Limited is a private company, limited by shares, registered in England and Wales, registration number 07383161. The registered office is Unit F Princes Drive Industrial Estate, Coventry Road, Kenilworth, CV8 2FD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Patents and licences are being amortised evenly over their estimated useful life of nil years.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 October 2021
10,000
6,000
16,000
At 30 September 2022
10,000
6,000
16,000
At 1 October 2021
10,000
-
10,000
At 30 September 2022
10,000
-
10,000
At 30 September 2022
-
6,000
6,000
At 30 September 2021
-
6,000
6,000
Crackley Garage Limited
Notes to the Accounts
for the year ended 30 September 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2021
64,658
117,308
20,326
15,198
217,490
Additions
11,679
41,075
3,746
2,196
58,696
At 30 September 2022
76,337
158,383
24,072
17,394
276,186
At 1 October 2021
46,163
78,469
6,632
9,549
140,813
Charge for the year
6,813
19,979
3,775
1,738
32,305
At 30 September 2022
52,976
98,448
10,407
11,287
173,118
At 30 September 2022
23,361
59,935
13,665
6,107
103,068
At 30 September 2021
18,495
38,839
13,694
5,649
76,677
Amounts falling due within one year
Trade debtors
6,464
17,677
Accrued income and prepayments
7,925
7,925
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,555
10,555
Trade creditors
29,207
41,276
Taxes and social security
40,305
37,288
Other creditors
19,126
17,106
Loans from directors
1,875
211
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
561
8,324
9
Average number of employees
During the year the average number of employees was 11 (2021: 11).