SIGNATURE CAR SPECIALISTS LTD

SIGNATURE CAR SPECIALISTS LTD

SIGNATURE CAR SPECIALISTS LTD - Company Information

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1 April 2019 false No description of principal activity Taxfiler 2020.14.5 10215154business:PrivateLimitedCompanyLtd2019-04-012020-03-31 102151542019-03-31 102151542019-04-012020-03-31 10215154business:AuditExempt-NoAccountantsReport2019-04-012020-03-31 10215154business:FullAccounts2019-04-012020-03-31 102151542020-03-31 10215154business:Director12019-04-012020-03-31 10215154business:RegisteredOffice2019-04-012020-03-31 10215154core:WithinOneYear2020-03-31 10215154core:AfterOneYear2020-03-31 10215154core:ShareCapital2020-03-31 10215154core:RetainedEarningsAccumulatedLosses2020-03-31 10215154business:SmallEntities2019-04-012020-03-31 10215154countries:EnglandWales2019-04-012020-03-31 10215154core:FurnitureFittings2019-03-31 10215154core:FurnitureFittings2019-04-012020-03-31 10215154core:FurnitureFittings2020-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10215154 (England and Wales)
SIGNATURE CAR SPECIALISTS LTD Unaudited accounts for the year ended 31 March 2020
SIGNATURE CAR SPECIALISTS LTD Unaudited accounts Contents
Page
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SIGNATURE CAR SPECIALISTS LTD Company Information for the year ended 31 March 2020
Director
Raja Mohammed AKEEL
Company Number
10215154 (England and Wales)
Registered Office
33 BATH STREET NELSON BB9 0NP ENGLAND
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SIGNATURE CAR SPECIALISTS LTD Statement of financial position as at 31 March 2020
2020 
Notes
£ 
Fixed assets
Tangible assets
4
10,032 
Current assets
Inventories
5
620,338 
Debtors
6
17,500 
Cash at bank and in hand
41,700 
679,538 
Creditors: amounts falling due within one year
7
(174,849)
Net current assets
504,689 
Total assets less current liabilities
514,721 
Creditors: amounts falling due after more than one year
8
(82,763)
Net assets
431,958 
Capital and reserves
Called up share capital
100 
Profit and loss account
431,858 
Shareholders' funds
431,958 
For the year ending 31 March 2020 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 December 2020 and were signed on its behalf by
Raja Mohammed AKEEL Director Company Registration No. 10215154
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SIGNATURE CAR SPECIALISTS LTD Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
SIGNATURE CAR SPECIALISTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10215154. The registered office is 33 BATH STREET, NELSON, BB9 0NP, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2019
6,390 
Additions
9,981 
At 31 March 2020
16,371 
Depreciation
At 1 April 2019
2,995 
Charge for the year
3,344 
At 31 March 2020
6,339 
Net book value
At 31 March 2020
10,032 
5
Inventories
2020 
£ 
Finished goods
620,338 
620,338 
6
Debtors
2020 
£ 
Other debtors
17,500 
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SIGNATURE CAR SPECIALISTS LTD Notes to the Accounts for the year ended 31 March 2020
7
Creditors: amounts falling due within one year
2020 
£ 
VAT
21,684 
Trade creditors
6,859 
Taxes and social security
39,484 
Proposed dividends
2,000 
Other creditors
35,000 
Loans from directors
63,522 
Accruals
6,300 
174,849 
8
Creditors: amounts falling due after more than one year
2020 
£ 
Trade creditors
82,763 
9
Average number of employees
During the year the average number of employees was 0.
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