Company Registration No. 08298711 (England and Wales)
Local Trade Cars Limited
Unaudited accounts
for the year ended 30 November 2025
Local Trade Cars Limited
Unaudited accounts
Contents
Local Trade Cars Limited
Company Information
for the year ended 30 November 2025
Directors
Mark Davies
Michael Griffiths
Company Number
08298711 (England and Wales)
Registered Office
Fairholme Farm
House 3, Birky Lane
Wallby,Crosby-on-Eden
Carlisle
Cumbria
CA6 4QL
England
Accountants
Brennocks
Lyneholm
Roweltown
Carlisle
Cumbria
CA6 6LH
Local Trade Cars Limited
Statement of financial position
as at 30 November 2025
Called up share capital not paid
120
Cash at bank and in hand
54,037
Creditors: amounts falling due within one year
(39,828)
Called up share capital
120
Profit and loss account
89,855
Shareholders' funds
89,975
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 directors acknowledge their 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 of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by
Michael Griffiths
Director
Company Registration No. 08298711
Local Trade Cars Limited
Notes to the Accounts
for the year ended 30 November 2025
Local Trade Cars Limited is a private company, limited by shares, registered in England and Wales, registration number 08298711. The registered office is Fairholme Farm, House 3, Birky Lane, Wallby,Crosby-on-Eden, Carlisle, Cumbria, CA6 4QL, 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.
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:
Motor vehicles
33.3% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
301
3,685
406
4,392
At 30 November 2025
301
3,685
406
4,392
At 1 December 2024
45
921
393
1,359
Charge for the year
-
920
-
920
At 30 November 2025
45
1,841
393
2,279
At 30 November 2025
256
1,844
13
2,113
5
Creditors: amounts falling due within one year
2025
Taxes and social security
8,050
Local Trade Cars Limited
Notes to the Accounts
for the year ended 30 November 2025
6
Average number of employees
During the year the average number of employees was 0.