Company Registration No. 10038989 (England and Wales)
CHANS CARS LTD
Unaudited accounts
for the year ended 31 March 2023
CHANS CARS LTD
Unaudited accounts
Contents
CHANS CARS LTD
Company Information
for the year ended 31 March 2023
Director
SHANMUGALINGAM, Chandrakumar
Company Number
10038989 (England and Wales)
Registered Office
214 MIDDLETON ROAD
MORDEN
SM4 6RW
ENGLAND
CHANS CARS LTD
Statement of financial position
as at 31 March 2023
Inventories
101,911
62,779
Cash at bank and in hand
28,395
18,238
Creditors: amounts falling due within one year
(1,527)
(1,304)
Net current assets
128,779
79,713
Total assets less current liabilities
128,779
79,713
Creditors: amounts falling due after more than one year
(106,792)
(64,235)
Called up share capital
1
1
Profit and loss account
21,986
15,477
Shareholders' funds
21,987
15,478
For the year ending 31 March 2023 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 January 2024 and were signed on its behalf by
SHANMUGALINGAM, Chandrakumar
Director
Company Registration No. 10038989
CHANS CARS LTD
Notes to the Accounts
for the year ended 31 March 2023
CHANS CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 10038989. The registered office is 214 MIDDLETON ROAD, MORDEN, SM4 6RW, 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.
4
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,527
1,304
5
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
28,684
19,027
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).