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Registered Number: 14415925
England and Wales

 

 

 

ADAM'S CARS MK LTD



Abridged Accounts
 


Period of accounts

Start date: 01 November 2024

End date: 31 October 2025
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Intangible fixed assets   30,000 
  30,000 
Current assets      
Stocks   40,479 
Cash at bank and in hand (662)   683 
(662)   41,162 
Creditors: amount falling due within one year (4,554)   (3,662)
Net current assets (5,216)   37,500 
 
Total assets less current liabilities (5,216)   67,500 
Creditors: amount falling due after more than one year (18,212)   (95,628)
Net assets (23,428)   (28,128)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (23,528)   (28,228)
Shareholders' funds (23,428)   (28,128)
 


For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 14 January 2026 and were signed by:


-------------------------------
Adam Bawa Azeez
Director
1
General Information
ADAM'S CARS MK LTD is a private company, limited by shares, registered in England and Wales, registration number 14415925, registration address 35 Crosslands, Stantonbury, Milton Keynes, MK14 6AY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees 2

Average number of employees during the year was 2 (2024 : 2).
2