C & C Motors Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04757985 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2023

for

C & C Motors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Tucker

Mrs J E Tucker

SECRETARY:

Mrs J E Tucker

REGISTERED OFFICE:

Moore

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

REGISTERED NUMBER:

04757985 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

FIXED ASSETS

Investment property

4

218,524

218,524

CURRENT ASSETS

Debtors

5

468

468

Cash at bank

6,743

52,332

7,211

52,800

CREDITORS

Amounts falling due within one year

6

194,470

236,718

NET CURRENT LIABILITIES

(187,259

)

(183,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,265

34,606

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

31,165

34,506

SHAREHOLDERS' FUNDS

31,265

34,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:

Mrs J E Tucker - Director

1.	STATUTORY INFORMATION

C & C Motors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2022

and 30 September 2023

218,524

NET BOOK VALUE

At 30 September 2023

218,524

At 30 September 2022

218,524

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Tax

468

468

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Corporation tax

-

3,721

Directors' loan accounts

192,463

230,989

Accruals and deferred income

2,007

2,008

194,470

236,718

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.23

30.9.22

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2022

34,506

Deficit for the year

(1,341

)

Dividends

(2,000

)

At 30 September 2023

31,165

9.	RELATED PARTY DISCLOSURES

At the year end the company owed the directors £192,463 (2022 - £230,989).

There are no terms as to the repayment of this loan but interest has been paid at 8% in respect of the outstanding balance.