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Company Registration No. 14470322 (England and Wales)
V.i.p. Cars Ltd Unaudited accounts for the year ended 30 November 2025
V.i.p. Cars Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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V.i.p. Cars Ltd Company Information for the year ended 30 November 2025
Director
Vasile-Vladut Calugareanu
Company Number
14470322 (England and Wales)
Registered Office
5 Westside London London NW4 4XD England
Accountants
CMA Group Limited Maylands Business Centre Redbourn Road Hemel Hempstead England HP2 7ES
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V.i.p. Cars Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
75,190
92,255
Current assets
Debtors
5
-
8,143
Cash at bank and in hand
648
1,629
648
9,772
Creditors: amounts falling due within one year
6
(41,528)
7,245
Net current (liabilities)/assets
(40,880)
17,017
Total assets less current liabilities
34,310
109,272
Creditors: amounts falling due after more than one year
7
(37,994)
(53,359)
Net (liabilities)/assets
(3,684)
55,913
Capital and reserves
Called up share capital
100
100
Profit and loss account
(3,784)
55,813
Shareholders' funds
(3,684)
55,913
For the year ending 30 November 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 14 July 2026 and were signed on its behalf by
Vasile-Vladut Calugareanu Director Company Registration No. 14470322
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V.i.p. Cars Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
V.i.p. Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 14470322. The registered office is 5 Westside, London, London, NW4 4XD, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
Reducing Balance 15%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 December 2024
122,966
At 30 November 2025
122,966
Depreciation
At 1 December 2024
30,711
Charge for the year
17,065
At 30 November 2025
47,776
Net book value
At 30 November 2025
75,190
At 30 November 2024
92,255
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
8,143
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V.i.p. Cars Ltd Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,538
-
VAT
2,754
2,755
Trade creditors
31,010
-
Taxes and social security
1,226
-
Loans from directors
-
(10,000)
41,528
(7,245)
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
37,994
53,359
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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