Company Registration No. 07329720 (England and Wales)
PRESTIGE CARS OF LONDON LTD
Unaudited accounts
for the year ended 31 July 2025
PRESTIGE CARS OF LONDON LTD
Unaudited accounts
Contents
PRESTIGE CARS OF LONDON LTD
Company Information
for the year ended 31 July 2025
Director
FATHAH, Ashraf Ali
Company Number
07329720 (England and Wales)
PRESTIGE CARS OF LONDON LTD
Statement of financial position
as at 31 July 2025
Tangible assets
8,540
8,540
Cash at bank and in hand
1,487
7,554
Creditors: amounts falling due within one year
(2,330)
-
Net current assets
24,657
37,554
Called up share capital
1
1
Profit and loss account
33,196
46,093
Shareholders' funds
33,197
46,094
For the year ending 31 July 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 31 July 2026 and were signed on its behalf by
FATHAH, Ashraf Ali
Director
Company Registration No. 07329720
PRESTIGE CARS OF LONDON LTD
Notes to the Accounts
for the year ended 31 July 2025
PRESTIGE CARS OF LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 07329720.
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:
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
2,330
-
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).