Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30truetruefalseNo description of principal activity002023-07-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14088550 2023-07-01 2024-06-30 14088550 2022-05-05 2023-06-30 14088550 2024-06-30 14088550 2023-06-30 14088550 c:Director1 2023-07-01 2024-06-30 14088550 d:CurrentFinancialInstruments 2024-06-30 14088550 d:CurrentFinancialInstruments 2023-06-30 14088550 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14088550 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14088550 d:ShareCapital 2024-06-30 14088550 d:ShareCapital 2023-06-30 14088550 d:RetainedEarningsAccumulatedLosses 2024-06-30 14088550 d:RetainedEarningsAccumulatedLosses 2023-06-30 14088550 c:FRS102 2023-07-01 2024-06-30 14088550 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14088550 c:FullAccounts 2023-07-01 2024-06-30 14088550 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14088550 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 14088550









LOMAX CLASSIC CARS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
LOMAX CLASSIC CARS LTD
REGISTERED NUMBER: 14088550

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
1,995

  
-
1,995

Creditors: amounts falling due within one year
 5 
(18,672)
(17,880)

Net current liabilities
  
 
 
(18,672)
 
 
(15,885)

Total assets less current liabilities
  
(18,672)
(15,885)

  

Net liabilities
  
(18,672)
(15,885)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(18,673)
(15,886)

  
(18,672)
(15,885)


Page 1

 
LOMAX CLASSIC CARS LTD
REGISTERED NUMBER: 14088550
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr C A Collings
Director

Date: 25 June 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
LOMAX CLASSIC CARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Lomax Classic Cars Limited, '14088550', is a private limited company, limited by shares, incorporated in England and Wales, with its registered office at Bleathwood Manor, Bleathwood, Ludlow, Shropshire, SY8 4LT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has confirmed that the business will continue to trade on a going concern basis on the understanding that he will continue to support the company.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

Page 3

 
LOMAX CLASSIC CARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Debtors

2024
2023
£
£


Prepayments and accrued income
-
1,995

-
1,995



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
17,958
15,580

Accruals and deferred income
714
2,300

18,672
17,880


 
Page 4