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Company Registration No. 09262981 (England and Wales)
ALI'S MOTORS LTD Unaudited accounts for the year ended 31 October 2023
ALI'S MOTORS LTD Unaudited accounts Contents
Page
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ALI'S MOTORS LTD Company Information for the year ended 31 October 2023
Director
Ghazanfar Ali Shah
Company Number
09262981 (England and Wales)
Registered Office
1B Anthony Road BIRMINGHAM UK B8 3AA
Accountants
Caldwell House Consulting 44 Caldwell Road Birmingham West Midlands B9 5TQ
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ALI'S MOTORS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
143,560 
135,945 
Debtors
30,771 
30,417 
Cash at bank and in hand
3,582 
187 
177,913 
166,549 
Creditors: amounts falling due within one year
(85,016)
(49,722)
Net current assets
92,897 
116,827 
Total assets less current liabilities
92,897 
116,827 
Creditors: amounts falling due after more than one year
(73,663)
(85,334)
Net assets
19,234 
31,493 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
9,234 
21,493 
Shareholders' funds
19,234 
31,493 
For the year ending 31 October 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 14 August 2024 and were signed on its behalf by
Ghazanfar Ali Shah Director Company Registration No. 09262981
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ALI'S MOTORS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
ALI'S MOTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 09262981. The registered office is 1B Anthony Road, BIRMINGHAM, UK, B8 3AA.
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.
Turnover
Turnover represents the value, net of VAT and discounts (where appropriate), of vehicles sold to customers and work carried out in respect of services provided to customers.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
30,771 
30,417 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
18,730 
11,590 
Trade creditors
328 
1,308 
Taxes and social security
8,409 
13,720 
Other creditors
21,971 
- 
Loans from directors
35,578 
23,104 
85,016 
49,722 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
73,663 
85,334 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £100 each
10,000 
10,000 
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ALI'S MOTORS LTD Notes to the Accounts for the year ended 31 October 2023
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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