ELEGANT JAPAN CARS LTD

ELEGANT JAPAN CARS LTD
Contents Page
For the year ended 31 May 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

ELEGANT JAPAN CARS LTD Accountants' Report For the year ended 31 May 2026
Report to the directors on the preparation of the unaudited statutory accounts of ELEGANT JAPAN CARS LTD for the year ended 31 May 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ELEGANT JAPAN CARS LTD for the year ended 31 May 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of ELEGANT JAPAN CARS LTD, as a body, in accordance with the terms of our engagement letter dated 21 September 2026. Our work has been undertaken solely to prepare for your approval the accounts of ELEGANT JAPAN CARS LTD and state those matters that we have agreed to state to the Board of Directors of ELEGANT JAPAN CARS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ELEGANT JAPAN CARS LTD and its Board of Directors as a body for our work or for this report. It is your duty to ensure that ELEGANT JAPAN CARS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ELEGANT JAPAN CARS LTD. You consider that ELEGANT JAPAN CARS LTD is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of ELEGANT JAPAN CARS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 May 2026. .................................................... SK Accountants 2nd Floor Cavendish House 369 Burnt Oak Broadway Edgware HA8 5AW 21 September 2026 1

ELEGANT JAPAN CARS LTD
Accountants' Report
For the year ended 31 May 2026

Report to the directors on the preparation of the unaudited statutory accounts of ELEGANT JAPAN CARS LTD for the year ended 31 May 2026.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ELEGANT JAPAN CARS LTD for the year ended 31 May 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of ELEGANT JAPAN CARS LTD, as a body, in accordance with the terms of our engagement letter dated 21 September 2026. Our work has been undertaken solely to prepare for your approval the accounts of ELEGANT JAPAN CARS LTD and state those matters that we have agreed to state to the Board of Directors of ELEGANT JAPAN CARS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ELEGANT JAPAN CARS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ELEGANT JAPAN CARS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ELEGANT JAPAN CARS LTD. You consider that ELEGANT JAPAN CARS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ELEGANT JAPAN CARS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 May 2026.

....................................................

SK Accountants
2nd Floor Cavendish House
369 Burnt Oak Broadway
Edgware
HA8 5AW
21 September 2026

1

ELEGANT JAPAN CARS LTD
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	735,026	512,227
		735,026	512,227
Current assets
Stocks		329,705	0
Cash at bank and in hand		6,535	58,668
		336,240	58,668
Creditors: amount falling due within one year		(197,104)	(61,122)
Net current assets		139,136	(2,454)

Total assets less current liabilities		874,162	509,773
Creditors: amount falling due after more than one year		(815,000)	(500,000)
Net assets		59,162	9,773

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		59,161	9,772
Shareholders' funds		59,162	9,773

For the year 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 year 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 21 September 2026 and were signed by:

-------------------------------
Hakeem Humdad HAZARBOZ
Director

2

ELEGANT JAPAN CARS LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

ELEGANT JAPAN CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 14135273, registration address Beldham House, Parr Road, Stanmore, London, HA7 1NP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – 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 as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

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:

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 June 2025	590,347	590,347
Additions	315,000	315,000
Disposals	-	-
At 31 May 2026	905,347	905,347
Depreciation
At 01 June 2025	78,120	78,120
Charge for year	92,201	92,201
On disposals	-	-
At 31 May 2026	170,321	170,321
Net book values
Closing balance as at 31 May 2026	735,026	735,026
Opening balance as at 01 June 2025	512,227	512,227

4.

Share Capital

Authorised
1 Class A share of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
1 Class A share of £1.00 each	1		1
	1		1

3