Company Registration No. 11886198 (England and Wales)
UK WHEELS LIMITED
Unaudited accounts
for the year ended 31 March 2025
UK WHEELS LIMITED
Unaudited accounts
Contents
UK WHEELS LIMITED
Company Information
for the year ended 31 March 2025
Company Number
11886198 (England and Wales)
Registered Office
19 HIGH STREET
EDGWARE
HA8 7EE
ENGLAND
UK WHEELS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
3,478
1,564
Inventories
1,658,258
609,874
Cash at bank and in hand
1,047,194
2,155,989
Creditors: amounts falling due within one year
(366,288)
(517,531)
Net current assets
3,181,034
2,359,132
Total assets less current liabilities
3,184,512
2,360,696
Creditors: amounts falling due after more than one year
(5,163)
(14,426)
Provisions for liabilities
Net assets
3,178,879
2,345,800
Called up share capital
1
1
Profit and loss account
3,178,878
2,345,799
Shareholders' funds
3,178,879
2,345,800
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 3 July 2025 and were signed on its behalf by
Tahir Berani
Director
Company Registration No. 11886198
UK WHEELS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
UK WHEELS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11886198. The registered office is 19 HIGH STREET, EDGWARE, HA8 7EE, 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.
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.
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:
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 5 (2024: 5).