| FIVE STAR CAR WASH SOLUTION (UK) LTD |
| Registered number: |
05051359 |
| Balance Sheet |
| as at 31 January 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,799 |
|
|
2,194 |
|
| Current assets |
| Debtors |
4 |
|
65,334 |
|
|
239,719 |
| Cash at bank and in hand |
|
|
14,690 |
|
|
5,038 |
|
|
|
80,024 |
|
|
244,757 |
|
| Creditors: amounts falling due within one year |
5 |
|
(75,467) |
|
|
(91,292) |
|
| Net current assets |
|
|
|
4,557 |
|
|
153,465 |
|
| Total assets less current liabilities |
|
|
|
6,356 |
|
|
155,659 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(32,253) |
|
|
(50,000) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(25,897) |
|
|
105,659 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(25,899) |
|
|
105,657 |
|
| Shareholder's funds |
|
|
|
(25,897) |
|
|
105,659 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
|
|
| Mr Kastriot Murati |
| Director |
| Approved by the board on 30 November 2022 |
|
| FIVE STAR CAR WASH SOLUTION (UK) LTD |
| Notes to the Accounts |
| for the period from 1 March 2021 to 31 January 2022 |
|
|
| 1 |
Accounting policies |
|
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
|
Depreciation |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than premises, at rates calculated to write off the cost, less estimated residual value, as follows: |
|
|
|
Fix, fittings & equipment |
|
|
18% Reducing balance |
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
|
Taxation |
|
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Corporation tax liability is not discounted. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fix, fittings & equipment |
| £ |
|
Cost |
|
At 1 March 2021 |
12,840 |
|
At 31 January 2022 |
12,840 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2021 |
10,646 |
|
Charge for the period |
395 |
|
At 31 January 2022 |
11,041 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2022 |
1,799 |
|
At 28 February 2021 |
2,194 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Deposit paid |
55,284 |
|
55,284 |
|
Prepayments, trade & other debtors |
10,050 |
|
184,435 |
|
|
|
|
|
|
65,334 |
|
239,719 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Bank loans |
10,648 |
|
- |
|
Trade creditors |
11,419 |
|
44,190 |
|
Corporation tax |
20,916 |
|
20,916 |
|
Other taxes and social security costs |
798 |
|
- |
|
Deposits received from customers |
31,686 |
|
26,186 |
|
|
|
|
|
|
75,467 |
|
91,292 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Bank loans |
32,253 |
|
50,000 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
FIVE STAR CAR WASH SOLUTION (UK) LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
64 Walker Avenue |
|
Wolverton Mill |
|
MK12 5GT |
