16 May 2023 false No description of principal activity Taxfiler 2024.6 14873198business:PrivateLimitedCompanyLtd2023-05-162024-05-31 148731982023-05-15 148731982023-05-162024-05-31 14873198business:AuditExempt-NoAccountantsReport2023-05-162024-05-31 14873198business:FilletedAccounts2023-05-162024-05-31 148731982024-05-31 14873198business:Director12023-05-162024-05-31 14873198business:RegisteredOffice2023-05-162024-05-31 14873198core:WithinOneYear2024-05-31 14873198core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14873198core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14873198core:PreviouslyStatedAmount2024-05-31 14873198business:SmallEntities2023-05-162024-05-31 14873198countries:EnglandWales2023-05-162024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14873198 (England and Wales)
Inner Drive Motors Ltd Unaudited accounts for the period from 16 May 2023 to 31 May 2024
Inner Drive Motors Ltd Unaudited accounts Contents
Page
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Inner Drive Motors Ltd Company Information for the period from 16 May 2023 to 31 May 2024
Director
Galapatha Eranda Dilkushan
Company Number
14873198 (England and Wales)
Registered Office
Rosslyn Colchester Road Romford RM3 9SF United Kingdom
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Inner Drive Motors Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Current assets
Inventories
35,758 
Debtors
665 
Cash at bank and in hand
7,726 
44,149 
Creditors: amounts falling due within one year
(63,714)
Net current liabilities
(19,565)
Net liabilities
(19,565)
Capital and reserves
Called up share capital
100 
Profit and loss account
(19,665)
Shareholders' funds
(19,565)
For the period ending 31 May 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 30 January 2025 and were signed on its behalf by
Galapatha Eranda Dilkushan Director Company Registration No. 14873198
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Inner Drive Motors Ltd Notes to the Accounts for the period from 16 May 2023 to 31 May 2024
1
Statutory information
Inner Drive Motors Ltd is a private company, limited by shares, registered in England and Wales, registration number 14873198. The registered office is Rosslyn, Colchester Road, Romford, RM3 9SF, United Kingdom.
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 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.
4
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
665 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
417 
Other creditors
70 
Loans from directors
63,227 
63,714 
6
Average number of employees
During the period the average number of employees was 1.
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