Company Registration No. 13767837 (England and Wales)
Luxe Automotive Ltd
Unaudited accounts
for the year ended 30 November 2024
Luxe Automotive Ltd
Unaudited accounts
Contents
Luxe Automotive Ltd
Company Information
for the year ended 30 November 2024
Directors
Alex Johnson
William Johnson
Company Number
13767837 (England and Wales)
Registered Office
UNIT 9 BRADLEY WORKSHOPS
CONSETT
CO DURHAM
DH8 6HG
ENGLAND
Luxe Automotive Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
57,206
64,880
Inventories
126,299
101,562
Cash at bank and in hand
44,760
55,082
Creditors: amounts falling due within one year
(64,179)
(81,872)
Net current assets
106,712
53,778
Net assets
163,918
118,658
Called up share capital
2
2
Profit and loss account
163,916
118,656
Shareholders' funds
163,918
118,658
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
Alex Johnson
Director
Company Registration No. 13767837
Luxe Automotive Ltd
Notes to the Accounts
for the year ended 30 November 2024
Luxe Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 13767837. The registered office is UNIT 9 BRADLEY WORKSHOPS, CONSETT, CO DURHAM, DH8 6HG, 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 following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
58,818
17,300
9,576
2,053
87,747
Additions
8,968
-
-
253
9,221
At 30 November 2024
67,786
17,300
9,576
2,306
96,968
At 1 December 2023
15,126
4,844
2,238
659
22,867
Charge for the year
11,923
2,837
1,806
329
16,895
At 30 November 2024
27,049
7,681
4,044
988
39,762
At 30 November 2024
40,737
9,619
5,532
1,318
57,206
At 30 November 2023
43,692
12,456
7,338
1,394
64,880
Amounts falling due within one year
Trade debtors
(15,293)
(20,994)
Accrued income and prepayments
15,125
-
Luxe Automotive Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,583
18,322
Taxes and social security
17,569
14,193
Loans from directors
24,500
28,166
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).