12593324 2023-06-01 2024-05-31 12593324 uk-bus:Director1 2023-06-01 2024-05-31 12593324 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12593324 uk-bus:Micro-entities 2023-06-01 2024-05-31 12593324 uk-bus:FullAccounts 2023-06-01 2024-05-31 12593324 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12593324 curr:PoundSterling 2023-06-01 2024-05-31 12593324 2023-06-01 12593324 2024-05-31 12593324 2024-05-31 12593324 2022-06-01 2023-05-31 12593324 2023-05-31 xbrli:pure iso4217:GBP 12593324 2022-06-01 2023-05-31
Company Registration Number : 12593324 (England and Wales)
12593324
The company was trading for the entire period
false
The accounts were prepared in accordance with FRS102
The accounts have been audited
Full Accounts
This company is a private limited company
This company sells stuff to other companies
2024-05-31
ELECTRICNCARS LTD
Darius HITICAS
2023-06-01
ELECTRICNCARS LTD
Contents
For the year ended 31 May 2024

CONTENTS PAGE
Company Information 3
Director's Report 4
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Detailed Income Statement 8

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ELECTRICNCARS LTD
Company Information
For the year ended 31 May 2024

Director Darius HITICAS
Company number 12593324
Registered office 63 Windmill Road
Headington
Oxford
OX3 7BP
UK
Accountant
Viorica Mercea
Mrs
12 Hunters Hill
Burghfield Common, Reading
RG7 3HL
UK

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ELECTRICNCARS LTD
Director's Report
For the year ended 31 May 2024

The director presents his/her report and the Unaudited Financial Statements of the company for the year ended 31 May 2024.
Principal activity
The principal activity of the company continued to be that of Manufacture of other electronic and electric wires and cables, Sale of used cars and light motor vehicles, Wireless telecommunications activities .
Director of the company
The following directors held office during the whole of the period:
Darius HITICAS
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 105

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
..........................................
Darius HITICAS (Director)
Approved by the board on:
2024-07-26 26 July 2024

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ELECTRICNCARS LTD
Accountant's Report
For the year ended 31 May 2024

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of ELECTRICNCARS LTD for the year ended 31 May 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ELECTRICNCARS LTD for the year ended 31 May 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Viorica Mercea
Mrs
12 Hunters Hill
Burghfield Common, Reading
RG7 3HL
UK
2024-07-26 Date: 26 July 2024

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ELECTRICNCARS LTD
Income Statement
For the year ended 31 May 2024

2024 2023
£ £
Turnover 27,289 70,378
Cost of sales (14,666) (28,128)
Staff costs (6,750) (13,773)
Other charges (9,493) (13,967)
Tax - (2,956)
Profit/(Loss) (3,621) 11,555

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ELECTRICNCARS LTD
Statement of Financial Position
For the year ended 31 May 2024

2024-05-31
2024 2023
£ £
Fixed assets 45 45
Current assets 9,399 14,467
Creditors: Amounts falling due within one year (1,510) (2,956)
Net current assets/(liabilities) 7,890 11,511
Total assets less current liabilities 7,935 11,556
Net assets/(liabilities) 7,935 11,556
Capital and reserves 7,935 11,556
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 63 Windmill Road, Headington, Oxford, OX3 7BP.

2 Average number of employees
During the year, the average number of employees including director was 1 (2023:1).
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • For the year ending 31 May 2024 the company was entitled to exemption 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 2024-07-26 26 July 2024 and signed on behalf of the board by:
.............................
Darius HITICAS (Director)
Company registration number. 12593324

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ELECTRICNCARS LTD
Detailed Income Statement
For the year ended 31 May 2024

This section does not form part of the statutory accounts.

2024 2023
£ £
Turnover 27,289 70,378
Less: Cost of sales
Opening Stock - (100)
Purchases 12,015 28,228
Other Direct Expenditure 2,651 -
14,666 28,128
Gross profit/(loss)
12,623 12,623
42,250 42,250
Less: Staff costs
Directors' Remuneration 6,750 13,773
6,750 13,773
Less: Administrative expenses
Advertising and Marketing 150 150
UK and Overseas Travel Costs 1,862 4,974
Motor Vehicle Expenses 4,250 3,440
Rent 280 1,680
Use of Home as Office - 180
Training and Development - 550
Accountancy, Bookkeeping and Auditing Fees 1,230 1,690
Insurance 1,372 1,041
Printing, Postage and Stationery 298 -
Telephone and Internet - 220
Bank Fees 52 42
9,493 13,967
Net profit/(loss) for the year before tax
(3,621) (3,621)
14,511 14,511
Less: Tax - 2,956
Net profit/(loss) for the year after tax (3,621) 11,555

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