Company Registration No. 13576135 (England and Wales)
IK UNIQUE MOTORZ LTD
Unaudited accounts
for the year ended 31 August 2025
IK UNIQUE MOTORZ LTD
Unaudited accounts
Contents
IK UNIQUE MOTORZ LTD
Company Information
for the year ended 31 August 2025
Company Number
13576135 (England and Wales)
Registered Office
Flat 1
70-74 Weston Road
Stoke-on-Trent
Staffordshire
ST3 6AD
England
Accountants
Linktax Limited
11A Snow Hill
Stoke-on-Trent
Staffordshire
ST1 4LU
IK UNIQUE MOTORZ LTD
Statement of financial position
as at 31 August 2025
Tangible assets
9,698
3,248
Cash at bank and in hand
26,710
4,286
Creditors: amounts falling due within one year
(61,644)
(67,867)
Net current liabilities
(10,296)
(11,593)
Net liabilities
(598)
(8,345)
Called up share capital
1
1
Profit and loss account
(599)
(8,346)
Shareholders' funds
(598)
(8,345)
For the year ending 31 August 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 18 December 2025 and were signed on its behalf by
Imran Khan
Director
Company Registration No. 13576135
IK UNIQUE MOTORZ LTD
Notes to the Accounts
for the year ended 31 August 2025
IK UNIQUE MOTORZ LTD is a private company, limited by shares, registered in England and Wales, registration number 13576135. The registered office is Flat 1, 70-74 Weston Road, Stoke-on-Trent, Staffordshire, ST3 6AD, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
IK UNIQUE MOTORZ LTD
Notes to the Accounts
for the year ended 31 August 2025
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
11,558
44,646
Taxes and social security
-
12
Loans from directors
8,228
16,589
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).