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Company Registration No. 10015464 (England and Wales)
DIGBETH MOTOR SALES LTD Unaudited accounts for the year ended 28 February 2025
DIGBETH MOTOR SALES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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DIGBETH MOTOR SALES LTD Company Information for the year ended 28 February 2025
Director
Saber Ahmed
Company Number
10015464 (England and Wales)
Registered Office
462 Dudley Road C/O Fairfield Accountants Ltd Birmingham West Midlands B18 4HF
Accountants
Muhammad Idrees 462 Dudley Road BIRMINGHAM B18 4HF
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DIGBETH MOTOR SALES LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
286
349
Current assets
Inventories
535,000
468,000
Cash at bank and in hand
141,624
62,498
676,624
530,498
Creditors: amounts falling due within one year
5
(562,795)
(455,701)
Net current assets
113,829
74,797
Net assets
114,115
75,146
Capital and reserves
Called up share capital
1
1
Profit and loss account
114,114
75,145
Shareholders' funds
114,115
75,146
For the year ending 28 February 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 24 October 2025 and were signed on its behalf by
Saber Ahmed Director Company Registration No. 10015464
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DIGBETH MOTOR SALES LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
DIGBETH MOTOR SALES LTD is a private company, limited by shares, registered in England and Wales, registration number 10015464. The registered office is 462 Dudley Road, C/O Fairfield Accountants Ltd, Birmingham, West Midlands, B18 4HF.
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.
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 March 2024
862
At 28 February 2025
862
Depreciation
At 1 March 2024
513
Charge for the year
63
At 28 February 2025
576
Net book value
At 28 February 2025
286
At 29 February 2024
349
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
7,456
1,533
Trade creditors
22,335
-
Taxes and social security
9,156
4,600
Other creditors
270
270
Loans from directors
523,578
449,298
562,795
455,701
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DIGBETH MOTOR SALES LTD Notes to the Accounts for the year ended 28 February 2025
6
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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