Company registration number 10545180 (England and Wales)
L M SUPERCARS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
L M SUPERCARS LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
15,391
18,218
Current assets
5,158
2,653
Creditors: amounts falling due within one year
(14,661)
(13,285)
Net current liabilities
(9,503)
(10,632)
Total assets less current liabilities
5,888
7,586
Creditors: amounts falling due after more than one year
(1,000)
(4,000)
Net assets
4,888
3,586
Capital and reserves
4,888
3,586
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
1
1
L M Supercars Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bures Park, Colne Road, Bures, Suffolk, CO8 5DJ.
For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
L M SUPERCARS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025
31 January 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 26 August 2025
Mr L M Ball
Director
Company registration number 10545180 (England and Wales)
L M SUPERCARS LIMITED
DETAILED BALANCE SHEET
AS AT 31 JANUARY 2025
31 January 2025
- 3 -
2025
2024
£
£
£
£
Fixed assets
Tangible assets
15,391
18,218
Current assets
Stocks
512
361
Debtors
3,578
2,292
Cash at bank and in hand
1,068
-
5,158
2,653
Creditors: amounts falling due within one year
Loans and overdrafts
9,672
9,182
Taxation and social security
1,543
1,196
Other creditors
2,222
1,743
Accruals and deferred income
1,224
1,164
14,661
13,285
Net current liabilities
(9,503)
(10,632)
Total assets less current liabilities
5,888
7,586
Creditors: amounts falling due after more than one year
Loans and overdrafts
1,000
4,000
(1,000)
(4,000)
Net assets
4,888
3,586
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
4,887
3,585
Total equity
4,888
3,586
L M SUPERCARS LIMITED
DETAILED BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025
31 January 2025
- 4 -
1
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Total
£
£
£
Cost
At 1 February 2024 and 31 January 2025
856
53,037
53,893
Depreciation and impairment
At 1 February 2024
342
35,333
35,675
Depreciation charged in the year
171
2,656
2,827
At 31 January 2025
513
37,989
38,502
Carrying amount
At 31 January 2025
343
15,048
15,391
At 31 January 2024
514
17,704
18,218