1 February 2024 false No description of principal activity Taxfiler 2024.6 11158272business:PrivateLimitedCompanyLtd2024-02-012025-01-31 111582722024-01-31 111582722024-02-012025-01-31 11158272business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 11158272business:FilletedAccounts2024-02-012025-01-31 111582722025-01-31 11158272business:Director12024-02-012025-01-31 11158272business:RegisteredOffice2024-02-012025-01-31 111582722024-01-31 11158272core:WithinOneYear2025-01-31 11158272core:WithinOneYear2024-01-31 11158272core:AfterOneYear2025-01-31 11158272core:AfterOneYear2024-01-31 11158272core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 11158272core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11158272core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 11158272core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11158272core:PreviouslyStatedAmount2025-01-31 11158272core:PreviouslyStatedAmount2024-01-31 11158272business:SmallEntities2024-02-012025-01-31 11158272countries:EnglandWales2024-02-012025-01-31 111582722023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11158272 (England and Wales)
THE CLASSIC CAR COMPANY (NE) LTD Unaudited accounts for the year ended 31 January 2025
THE CLASSIC CAR COMPANY (NE) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE CLASSIC CAR COMPANY (NE) LTD Company Information for the year ended 31 January 2025
Director
Michael Scott
Company Number
11158272 (England and Wales)
Registered Office
22 RIDLEY PLACE NEWCASTLE UPON TYNE NE1 8JW United Kingdom
Accountants
Watson Syers Accountants Ltd Evolve Business Centre Cygnet Way, Rainton Bridge South Busines Houghton le Spring Tyne and Wear DH4 5QY
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THE CLASSIC CAR COMPANY (NE) LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
785,060 
785,060 
Cash at bank and in hand
22,573 
76,148 
807,633 
861,208 
Creditors: amounts falling due within one year
4
(5,895)
(7,150)
Net current assets
801,738 
854,058 
Total assets less current liabilities
801,738 
854,058 
Creditors: amounts falling due after more than one year
5
(826,098)
(903,550)
Net liabilities
(24,360)
(49,492)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,361)
(49,493)
Shareholders' funds
(24,360)
(49,492)
For the year ending 31 January 2025 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 22 July 2025 and were signed on its behalf by
Michael Scott Director Company Registration No. 11158272
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THE CLASSIC CAR COMPANY (NE) LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
THE CLASSIC CAR COMPANY (NE) LTD is a private company, limited by shares, registered in England and Wales, registration number 11158272. The registered office is 22 RIDLEY PLACE, NEWCASTLE UPON TYNE, NE1 8JW, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
5,895 
6,650 
Accruals
- 
500 
5,895 
7,150 
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
263,134 
304,214 
Loans from directors
562,964 
599,336 
826,098 
903,550 
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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