Veteran Car Club Limited - Period Ending 2021-10-31

Veteran Car Club Limited

Profit and Loss Account for the Year Ended 31 October 2021

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Veteran Car Club Limited

(Registration number: 06781098)
Balance Sheet as at 31 October 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	1	1
Capital and reserves
Called up share capital	5	1	1
Shareholders' funds		1	1

For the financial year ending 31 October 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 March 2022
 

......................................... Mr Montague Adrian Goding Director

Veteran Car Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2021

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Jessamine Court
15 High Street
Ashwell
Baldock
Hertfordshire
SG7 5NL
England

These financial statements were authorised for issue by the director on 29 March 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2020 - 1).

4

Debtors

	2021 £	2020 £
Other debtors	1	1
	1	1

Veteran Car Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2021

5	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £1 each	1	1	1	1