Company Registration No. 12382343 (England and Wales)
A1 LONDON MOTORS LTD
Unaudited accounts
for the year ended 31 January 2024
A1 LONDON MOTORS LTD
Unaudited accounts
Contents
A1 LONDON MOTORS LTD
Company Information
for the year ended 31 January 2024
Company Number
12382343 (England and Wales)
Registered Office
72 GORSEWAY
ROMFORD
RM7 0RX
ENGLAND
A1 LONDON MOTORS LTD
Statement of financial position
as at 31 January 2024
Tangible assets
3,889
4,742
Cash at bank and in hand
2,691
15,555
Creditors: amounts falling due within one year
(5,694)
-
Net current assets
29,557
70,805
Total assets less current liabilities
33,446
75,547
Creditors: amounts falling due after more than one year
-
(46,496)
Called up share capital
50
50
Profit and loss account
33,396
29,001
Shareholders' funds
33,446
29,051
For the year ending 31 January 2024 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 23 October 2024 and were signed on its behalf by
Ishtiaq Ahmad
Director
Company Registration No. 12382343
A1 LONDON MOTORS LTD
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
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 2023
6,850
950
800
8,600
At 31 January 2024
6,850
950
800
8,600
At 1 February 2023
3,073
426
359
3,858
Charge for the year
680
94
79
853
At 31 January 2024
3,753
520
438
4,711
At 31 January 2024
3,097
430
362
3,889
At 31 January 2023
3,777
524
441
4,742
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,231
-
A1 LONDON MOTORS LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).