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Company Registration No. 11152335 (England and Wales)
Love 2 Buy Cars Limited Unaudited accounts for the year ended 31 January 2025
Love 2 Buy Cars Limited Unaudited accounts Contents
Page
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Love 2 Buy Cars Limited Company Information for the year ended 31 January 2025
Director
Paul Birch
Company Number
11152335 (England and Wales)
Registered Office
1 Maypole Farm Court Knowsley Prescot Merseyside L34 9BD England
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Love 2 Buy Cars Limited Statement of financial position as at 31 January 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
12,747 
Current assets
Inventories
191,744 
Cash at bank and in hand
15,324 
207,068 
Creditors: amounts falling due within one year
(172,344)
Net current assets
34,724 
Total assets less current liabilities
47,471 
Creditors: amounts falling due after more than one year
(63,948)
Net liabilities
(16,477)
Capital and reserves
Called up share capital
200 
Profit and loss account
(16,677)
Shareholders' funds
(16,477)
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 30 October 2025 and were signed on its behalf by
Paul Birch Director Company Registration No. 11152335
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Love 2 Buy Cars Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Love 2 Buy Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 11152335. The registered office is 1 Maypole Farm Court, Knowsley, Prescot, Merseyside, L34 9BD, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2024
15,934 
At 31 January 2025
15,934 
Depreciation
Charge for the year
3,187 
At 31 January 2025
3,187 
Net book value
At 31 January 2025
12,747 
5
Creditors: amounts falling due within one year
2025 
£ 
Bank loans and overdrafts
5,216 
Trade creditors
166,892 
Taxes and social security
236 
172,344 
6
Creditors: amounts falling due after more than one year
2025 
£ 
Trade creditors
63,948 
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Love 2 Buy Cars Limited Notes to the Accounts for the year ended 31 January 2025
7
Average number of employees
During the year the average number of employees was 0.
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