HOUSE OF MOTORS LTD

Company Registration Number:
08392647 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

HOUSE OF MOTORS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

HOUSE OF MOTORS LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 31,119 41,359
Total fixed assets: 31,119 41,359
Current assets
Stocks: 693,200 797,500
Debtors:   28,271 18,665
Cash at bank and in hand: 98,298 18,466
Total current assets: 819,769 834,631
Creditors: amounts falling due within one year:   (406,737) (406,318)
Net current assets (liabilities): 413,032 428,313
Total assets less current liabilities: 444,151 469,672
Creditors: amounts falling due after more than one year:   (64,208) (93,375)
Total net assets (liabilities): 379,943 376,297
Capital and reserves
Called up share capital: 62,000 62,000
Profit and loss account: 317,943 314,297
Shareholders funds: 379,943 376,297

The notes form part of these financial statements

HOUSE OF MOTORS LTD

Balance sheet statements

For the year ending 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: Imran ALTAF
Status: Director

The notes form part of these financial statements

HOUSE OF MOTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOUSE OF MOTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

HOUSE OF MOTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 102,400
At 28 February 2024 102,400
Depreciation
At 01 March 2023 61,041
Charge for year 10,240
At 28 February 2024 71,281
Net book value
At 28 February 2024 31,119
At 28 February 2023 41,359