Company Registration No. 09785691 (England and Wales)
Ideal Car Ltd
Unaudited accounts
for the year ended 20 September 2024
Ideal Car Ltd
Unaudited accounts
Contents
Ideal Car Ltd
Company Information
for the year ended 20 September 2024
Company Number
09785691 (England and Wales)
Registered Office
10 EGYPT ROAD
NOTTINGHAM
NG7 7GD
ENGLAND
Accountants
Advice with Accounts
Unit 50-51 Nottingham Business Centres
Lenton Boulevard
Nottingham
NG7 2BY
Ideal Car Ltd
Accountants' report
Accountants' report to the director of Ideal Car Ltd on the preparation of the unaudited statutory accounts for the year ended 20 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ideal Car Ltd for the year ended
20 September 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ideal Car Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ideal Car Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ideal Car Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ideal Car Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ideal Car Ltd. You consider that Ideal Car Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ideal Car Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Advice with Accounts
Unit 50-51 Nottingham Business Centres
Lenton Boulevard
Nottingham
NG7 2BY
24 July 2025
Ideal Car Ltd
Statement of financial position
as at 20 September 2024
Inventories
1,210,577
951,148
Cash at bank and in hand
28,739
83,105
Creditors: amounts falling due within one year
(486,313)
(423,488)
Net current assets
760,374
619,971
Total assets less current liabilities
760,374
619,971
Creditors: amounts falling due after more than one year
(17,224)
(27,418)
Net assets
743,150
592,553
Called up share capital
1
1
Profit and loss account
743,149
592,552
Shareholders' funds
743,150
592,553
For the year ending 20 September 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 24 July 2025 and were signed on its behalf by
Sirforaz Sharif
Director
Company Registration No. 09785691
Ideal Car Ltd
Notes to the Accounts
for the year ended 20 September 2024
Ideal Car Ltd is a private company, limited by shares, registered in England and Wales, registration number 09785691. The registered office is 10 EGYPT ROAD, NOTTINGHAM, NG7 7GD, 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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
61,510
3,542
Taxes and social security
49,528
45,671
Loans from directors
375,275
374,275
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 8 (2023: 6).