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Registered Number: 16445823
England and Wales
LG MOTORS LTD
Abridged Accounts
Period of accounts Start date: 12 May 2025 End date: 31 May 2026

LG MOTORS LTD Contents Page For the Period 12 May 2025 to 31 May 2026
Statement of Financial Position | 1

LG MOTORS LTD Statement of Financial Position As at 31 May 2026
|  | 2026
--- | --- | ---
|  | £ | £
Fixed assets |  |  | 2,972
Current assets |  | (2,597) |
Creditors: amount falling due within one year |  | (194) |
Net current assets |  |  | (2,791)
Total assets less current liabilities |  |  | 181
Net assets |  |  | 181
Capital and reserves |  |  | 181
NOTES TO THE ACCOUNTS General Information LG MOTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 16445823, registration address 37 HIGH STREET, CHATHAM KENT, ME4 4EN. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – 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. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings | 5 Years Straight Line
2. | Tangible fixed assets
Cost or valuation | Fixtures and Fittings |  | Total
| £ |  | £
At 12 May 2025 | - |  | -
Additions | 3,715 |  | 3,715
Disposals | - |  | -
At 31 May 2026 | 3,715 |  | 3,715
Depreciation
At 12 May 2025 | - |  | -
Charge for period | 743 |  | 743
On disposals | - |  | -
At 31 May 2026 | 743 |  | 743
Net book values
Closing balance as at 31 May 2026 | 2,972 |  | 2,972
Opening balance as at 12 May 2025 | - |  | -
3. | Average number of employees Average number of employees during the period was 0.
For the period ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities: The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476. 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 accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the director on 18 August 2026 and were signed by:
-------------------------------- Leader SINGH Director
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