Registration number: SC817547

Mark1 Car Sales Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2
Detailed Profit and Loss Account	4 to 5

Mark1 Car Sales Ltd

Company Information

Director

Mr Mark kent

Registered office

60 Munro Place Glasgow Lanarkshire Scotland G13 2UW

Mark1 Car Sales Ltd

(Registration number: SC817547)
Balance Sheet as at 31 July 2026

	2026 £	2025 £
Current assets	83,793	90,243
Creditors: Amounts falling due within one year	(29,837)	-
Total assets less current liabilities	53,956	90,243
Creditors: Amounts falling due after more than one year	(63,079)	(92,274)
Accruals and deferred income	(1,500)	(1,500)
	(10,623)	(3,531)
Capital and reserves	(10,623)	(3,531)

1	General information

Country of incorporation

The address of its registered office is:
60 Munro Place
Glasgow
Lanarkshire
G13 2UW
Scotland

These financial statements were authorised for issue by the director on 21 September 2026.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2025 - 1).

For the financial year ending 31 July 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 September 2026
 

Mark1 Car Sales Ltd

(Registration number: SC817547)
Balance Sheet as at 31 July 2026

......................................... Mr Mark kent Director

Mark1 Car Sales Ltd

Detailed Profit and Loss Account for the year ended 31 July 2026

	Year ended 31 July 2026  £	26 July 2024 to 31 July 2025  £
turnover	282,934	164,416
Cost of sales	(220,163)	(141,138)
Gross profit	62,771	23,278
Gross profit (%)	22.19%	14.16%
Distribution costs	655	-
Administrative expenses
Employment costs	61,198	24,071
Establishment costs	1,729	-
General administrative expenses	5,918	2,517
Finance charges	363	222
	69,208	26,810
Operating loss	(7,092)	(3,532)
Loss before tax	(7,092)	(3,532)

Mark1 Car Sales Ltd

Detailed Profit and Loss Account for the year ended 31 July 2026

2026 £

2025 £

Turnover
Sales	282,934	164,416

Cost of sales
Purchases and direct costs
Purchases	(175,931)	(212,959)
	(175,931)	(212,959)

Distribution costs
Staff pensions	655	-

Employment costs
Wages and salaries	(61,198)	(24,001)
Staff welfare	-	(70)
	(61,198)	(24,071)

Establishment costs
Rent and rates & ins	1,000	-
Equipment repairs and renewals	729	-
	1,729	-

General administrative expenses
Office expenses	259	-
Trade subscriptions	2,931	30
Advertising	901	-
Legal and professional fees	1,827	2,487
	5,918	2,517

Finance charges
Bank charges	363	222