REGISTERED NUMBER: 05708766 (England and Wales)

A. C. MOTORS TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Chrysostomou

SECRETARY:

REGISTERED OFFICE:

Hale House

Unit 5

296A Green Lanes

Palmers Green

London

N13 5TP

REGISTERED NUMBER:

05708766 (England and Wales)

ACCOUNTANTS:

T. PA Accountancy Services Limited

Hale House

Unit 5

296a Green Lanes

Palmers Green

London

N13 5TW

FIXED ASSETS

Tangible assets

4

2,093

711

CURRENT ASSETS

Stocks

5

215,500

298,100

Debtors

6

76,212

106,282

Cash at bank and in hand

2,541

3,022

294,253

407,404

CREDITORS

Amounts falling due within one year

7

7,914

10,039

NET CURRENT ASSETS

286,339

397,365

TOTAL ASSETS LESS CURRENT LIABILITIES

288,432

398,076

CREDITORS

Amounts falling due after more than one year

8

26,382

144,002

NET ASSETS

262,050

254,074

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

262,048

254,072

SHAREHOLDERS' FUNDS

262,050

254,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

Mr A Chrysostomou - Director

1.	STATUTORY INFORMATION

A. C. Motors Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2024

737

4,700

5,437

Additions

-

2,080

2,080

At 28 February 2025

737

6,780

7,517

DEPRECIATION

At 1 March 2024

558

4,168

4,726

Charge for year

45

653

698

At 28 February 2025

603

4,821

5,424

NET BOOK VALUE

At 28 February 2025

134

1,959

2,093

At 29 February 2024

179

532

711

5.

STOCKS

2025

2024

£

£

Stocks

215,500

298,100

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

VAT

36,212

56,282

Amounts falling due after more than one year:

Other debtors

40,000

50,000

Aggregate amounts

76,212

106,282

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax payable

5,196

7,354

Social security and other taxes

166

36

Directors' current accounts

136

136

Accrued expenses

2,416

2,513

7,914

10,039

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yr by instal

19,092

34,041

Other loans - 1-2 years

7,290

109,961

26,382

144,002

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

19,092

34,041

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 March 2024

254,072

Profit for the year

22,976

Dividends

(15,000

)

At 28 February 2025

262,048

11.	RELATED PARTY DISCLOSURES

CONTROLLING PARTY

Mr A Chrysostomou, the sole director of the company, controls the company by virtue of holding 100% of the issued share capital,