Company Registration No. 06297356 (England and Wales)
X-Treem Motors Limited
Unaudited accounts
for the year ended 30 June 2024
X-Treem Motors Limited
Unaudited accounts
Contents
X-Treem Motors Limited
Company Information
for the year ended 30 June 2024
Company Number
06297356 (England and Wales)
Registered Office
Unit 13, Mitcham Industrial Estate
Sreatham Road
Mitcham
Surrey
CR4 2AP
England
X-Treem Motors Limited
Statement of financial position
as at 30 June 2024
Tangible assets
277,913
358,751
Cash at bank and in hand
203,444
311,076
Creditors: amounts falling due within one year
(537,821)
(417,389)
Net current assets
433,981
389,779
Total assets less current liabilities
711,894
748,530
Creditors: amounts falling due after more than one year
(172,622)
(185,160)
Net assets
539,272
563,370
Called up share capital
100
100
Profit and loss account
539,172
563,270
Shareholders' funds
539,272
563,370
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 January 2025 and were signed on its behalf by
I Ivanov
Director
Company Registration No. 06297356
X-Treem Motors Limited
Notes to the Accounts
for the year ended 30 June 2024
X-Treem Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 06297356. The registered office is Unit 13, Mitcham Industrial Estate, Sreatham Road, Mitcham, Surrey, CR4 2AP, England.
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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 following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Total
Charge for the year
138,080
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Average number of employees
During the year the average number of employees was 8 (2023: 8).