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Company Registration No. 12382343 (England and Wales)
A1 LONDON MOTORS LTD Unaudited accounts for the year ended 31 January 2023
A1 LONDON MOTORS LTD Unaudited accounts Contents
Page
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A1 LONDON MOTORS LTD Company Information for the year ended 31 January 2023
Director
Ishtiaq Ahmad
Company Number
12382343 (England and Wales)
Registered Office
72 GORSEWAY ROMFORD RM7 0RX ENGLAND
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A1 LONDON MOTORS LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,742 
5,783 
Current assets
Inventories
55,250 
54,183 
Cash at bank and in hand
15,555 
5,265 
70,805 
59,448 
Creditors: amounts falling due within one year
- 
(3,483)
Net current assets
70,805 
55,965 
Total assets less current liabilities
75,547 
61,748 
Creditors: amounts falling due after more than one year
(46,496)
(39,369)
Net assets
29,051 
22,379 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
29,001 
22,329 
Shareholders' funds
29,051 
22,379 
For the year ending 31 January 2023 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 24 October 2023 and were signed on its behalf by
Ishtiaq Ahmad Director Company Registration No. 12382343
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A1 LONDON MOTORS LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
A1 LONDON MOTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 12382343. The registered office is 72 GORSEWAY, ROMFORD, RM7 0RX, 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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the rate of 18% at reducing balance method in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
6,850 
950 
800 
8,600 
At 31 January 2023
6,850 
950 
800 
8,600 
Depreciation
At 1 February 2022
2,244 
311 
262 
2,817 
Charge for the year
829 
115 
97 
1,041 
At 31 January 2023
3,073 
426 
359 
3,858 
Net book value
At 31 January 2023
3,777 
524 
441 
4,742 
At 31 January 2022
4,606 
639 
538 
5,783 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
3,483 
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A1 LONDON MOTORS LTD Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,000 
36,000 
Other creditors
17,496 
3,369 
46,496 
39,369 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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