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
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
ALI'S MOTORS LTD
Statement of financial position
as at 31 October 2023
Inventories
143,560
135,945
Cash at bank and in hand
3,582
187
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)
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
ALI'S MOTORS LTD
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
Taxes and social security
8,409
13,720
Loans from directors
35,578
23,104
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £100 each
10,000
10,000
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).