LG MOTORS LTD - Accounts

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.

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

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

Registered Number: 16445823
England and Wales
LG MOTORS LTD

Abridged Accounts

Period of accounts Start date: 12 May 2025 End date: 31 May 2026