Company Registration No. 10409426 (England and Wales)
R & Z Cars Limited
Unaudited accounts
for the year ended 31 October 2025
R & Z Cars Limited
Unaudited accounts
Contents
R & Z Cars Limited
Company Information
for the year ended 31 October 2025
Company Number
10409426 (England and Wales)
Registered Office
South Side Of Common Lane
Watnall
Nottingham
NG16 1HD
Accountants
Greenfield Accountants Limited
Preston House
Preston Street
Bradford
West Yorkshire
BD7 1JE
R & Z Cars Limited
Statement of financial position
as at 31 October 2025
Tangible assets
2,340
3,102
Cash at bank and in hand
17,492
9,119
Creditors: amounts falling due within one year
(54,006)
(42,518)
Net current liabilities
(10,724)
(16,376)
Total assets less current liabilities
(8,384)
(13,274)
Creditors: amounts falling due after more than one year
-
(2,784)
Net liabilities
(8,384)
(16,058)
Called up share capital
1
1
Profit and loss account
(8,385)
(16,059)
Shareholders' funds
(8,384)
(16,058)
For the year ending 31 October 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 her 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 11 November 2025 and were signed on its behalf by
Mrs N Iqbal
Director
Company Registration No. 10409426
R & Z Cars Limited
Notes to the Accounts
for the year ended 31 October 2025
R & Z Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 10409426. The registered office is South Side Of Common Lane , Watnall, Nottingham, NG16 1HD.
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.
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.
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:
Plant & machinery
25% reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
R & Z Cars Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,096
2,833
Trade creditors
2,115
1,549
Taxes and social security
709
-
Loans from directors
49,086
37,086
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).