Corbetts Dudley Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03192650 (England and Wales)

CORBETTS DUDLEY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2022

Page

Balance Sheet

1

FIXED ASSETS

1,000

1,000

CURRENT ASSETS

3,434,298

3,135,146

CREDITORS

Amounts falling due within one year

(1,634,840

)

(1,353,827

)

NET CURRENT ASSETS

1,799,458

1,781,319

TOTAL ASSETS LESS CURRENT LIABILITIES

1,800,458

1,782,319

CREDITORS

Amounts falling due after more than one year

667,915

729,889

NET ASSETS

1,132,543

1,052,430

CAPITAL AND RESERVES

1,132,543

1,052,430

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Corbetts Dudley Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03192650

Registered office:

White Lodge

Old Ham Lane

Pedmore

Stourbridge

West Midlands

DY9 0UJ

The presentation currency of the financial statements is £ and have been rounded to the nearest pound.

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2021 - 3 ) .

3.	OTHER FINANCIAL COMMITMENTS

This company guarantees the bank borrowings of the subsidiary company, Corbetts Motor Co. Limited.

4.	SECURED DEBTS

The bank loan is secured by a fixed and floating charge dated 27 June 2000.

Included in creditors are other loans which are secured by block discounting agreements, incorporating a floating charge over the debts and assets of the company dated 12th December 2006 and 16 April 2020.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2022 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 7th November 2022 and were signed on its behalf by:

R B Corbett - Director