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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
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X-Treem Motors Limited Company Information for the year ended 30 June 2024
Director
I Ivanov
Company Number
06297356 (England and Wales)
Registered Office
Unit 13, Mitcham Industrial Estate Sreatham Road Mitcham Surrey CR4 2AP England
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X-Treem Motors Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
277,913 
358,751 
Current assets
Inventories
3,000 
3,000 
Debtors
765,358 
493,092 
Cash at bank and in hand
203,444 
311,076 
971,802 
807,168 
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 
Capital and reserves
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
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X-Treem Motors Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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.
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:
Plant & machinery
3 Years
Motor vehicles
3 Years
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
613,170 
Additions
57,242 
At 30 June 2024
670,412 
Depreciation
At 1 July 2023
254,419 
Charge for the year
138,080 
At 30 June 2024
392,499 
Net book value
At 30 June 2024
277,913 
At 30 June 2023
358,751 
5
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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