Company Registration No. 06766464 (England and Wales)
Said Motors Ltd
Unaudited accounts
for the year ended 31 December 2024
Said Motors Ltd
Unaudited accounts
Contents
Said Motors Ltd
Company Information
for the year ended 31 December 2024
Company Number
06766464 (England and Wales)
Registered Office
1 - 10 WELLINGTON CRESCENT
WELLINGTON CRESCENT
NEW MALDEN
KT3 3NE
ENGLAND
Accountants
Akrise Accountancy Limited
25 bremner avenue
horley
surrey
RH6 8EP
Said Motors Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
2,209
2,525
Inventories
860,000
815,000
Cash at bank and in hand
3,896
1,924
Creditors: amounts falling due within one year
(566,417)
(650,057)
Net current assets
346,667
273,415
Total assets less current liabilities
348,876
275,940
Creditors: amounts falling due after more than one year
(262,860)
(169,290)
Called up share capital
200
200
Profit and loss account
85,816
106,450
Shareholders' funds
86,016
106,650
For the year ending 31 December 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 September 2025 and were signed on its behalf by
AHMED S SAID
Director
Company Registration No. 06766464
Said Motors Ltd
Notes to the Accounts
for the year ended 31 December 2024
Said Motors Ltd is a private company, limited by shares, registered in England and Wales, registration number 06766464. The registered office is 1 - 10 WELLINGTON CRESCENT, WELLINGTON CRESCENT, NEW MALDEN, KT3 3NE, ENGLAND.
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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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% on Cost
Fixtures & fittings
15% on Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
6,316
3,361
9,677
At 31 December 2024
6,316
3,361
9,677
At 1 January 2024
3,791
3,361
7,152
Charge for the year
316
-
316
At 31 December 2024
4,107
3,361
7,468
At 31 December 2024
2,209
-
2,209
At 31 December 2023
2,525
-
2,525
Said Motors Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,656
28,750
Taxes and social security
51,617
41,078
Other creditors
15,695
25,386
Loans from directors
445,611
412,564
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Creditors: amounts falling due after more than one year
2024
2023
Other creditors
262,860
169,290
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Average number of employees
During the year the average number of employees was 3 (2023: 3).