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Company Registration No. 11668659 (England and Wales)
LEEDS MOTOR CARS LTD unaudited financial statements for the year ended 30 November 2024
LEEDS MOTOR CARS LTD unaudited financial statements Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LEEDS MOTOR CARS LTD Company Information for the year ended 30 November 2024
Director
Waseem KHAN
Company Number
11668659 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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LEEDS MOTOR CARS LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
255,973 
166,038 
Debtors
4
100 
100 
Cash at bank and in hand
116,084 
28,004 
372,157 
194,142 
Creditors: amounts falling due within one year
5
(323,002)
(106,618)
Net current assets
49,155 
87,524 
Total assets less current liabilities
49,155 
87,524 
Creditors: amounts falling due after more than one year
6
(12,882)
(22,824)
Net assets
36,273 
64,700 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
36,173 
64,600 
Shareholders' funds
36,273 
64,700 
For the year ending 30 November 2024 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 21 August 2025 and were signed on its behalf by
Waseem KHAN Director Company Registration No. 11668659
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LEEDS MOTOR CARS LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
LEEDS MOTOR CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 11668659. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, 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
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,621 
22,876 
Trade creditors
242,027 
- 
Taxes and social security
6,298 
14,586 
Loans from directors
68,156 
68,156 
Accruals
1,900 
1,000 
323,002 
106,618 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,882 
22,824 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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