A1 CLASSIC CARS LLP

Company Registration Number:
SO302366 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2025

Period of accounts

Start date: 06 April 2024

End date: 05 April 2025

A1 CLASSIC CARS LLP

Contents of the Financial Statements

for the Period Ended 05 April 2025

Balance sheet
Notes

A1 CLASSIC CARS LLP

Balance sheet

As at 05 April 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 191 256
Total fixed assets: 191 256
Current assets
Stocks: 51,714 44,975
Debtors: 4 1,303 13,631
Cash at bank and in hand: 5,854 840
Investments:   0 0
Total current assets: 58,871 59,446
Net current assets (liabilities): 58,871 59,446
Total assets less current liabilities: 59,062 59,702
Creditors: amounts falling due after more than one year:   (56,304) (48,123)
Provision for liabilities: 0 0
Total net assets (liabilities): 2,758 11,579
Capital and reserves
Called up share capital: 11,579 22,876
Profit and loss account: (8,821) (11,297)
Shareholders funds: 2,758 11,579

The notes form part of these financial statements

A1 CLASSIC CARS LLP

Balance sheet statements

For the year ending 5 April 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2025
and signed on behalf of the board by:

Name: Antony Brown
Status: Director

The notes form part of these financial statements

A1 CLASSIC CARS LLP

Notes to the Financial Statements

for the Period Ended 05 April 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is the total amount receivable by the partnership for sales of vehicles from its stock, commission on sales of vehicles not held as stock and storage fees received.

Tangible fixed assets and depreciation policy

Depreciation is calculated to write down the cost or valuation less estimated residual value of all tangible fixed assets by reducing balance method over their expected useful lives. The rates and periods generally applicable are: Computers, plant, machinery, fixtures and fittings: 25% reducing balance basis. Small items of sundry plant, tools, etc are written off in full as expenditure when incurred.

Intangible fixed assets and amortisation policy

Intangible assets have been written down in accordance with an amortisation review and the expected useful life of the assets.

Valuation and information policy

Stock at the balance sheet date is valued at the lower of cost or market value.

Other accounting policies

The Financial Statements have been prepared under the historical cost convention. The partnership has taken advantage of the exemptions in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement because it is a small partnership.

A1 CLASSIC CARS LLP

Notes to the Financial Statements

for the Period Ended 05 April 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

A1 CLASSIC CARS LLP

Notes to the Financial Statements

for the Period Ended 05 April 2025

3. Tangible Assets

Total
Cost £
At 06 April 2024 256
At 05 April 2025 256
Depreciation
At 06 April 2024 0
Charge for year 65
At 05 April 2025 65
Net book value
At 05 April 2025 191
At 05 April 2024 256

A1 CLASSIC CARS LLP

Notes to the Financial Statements

for the Period Ended 05 April 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

Debtors include rent paid in advance.