WELFORD CARS UK LTD Accounts






WELFORD CARS UK LTD

	Company No. 15766048
		Information for Filing with The Registrar
		30 June 2026

The Directors present their report and the accounts for the year ended 30 June 2026.

Principal activities
The principal activity of the company during the year under review was Sale of used cars and light motor vehicles.




Directors

The Directors who served at any time during the year were as follows:

MD Abdul Karim			(Resigned 19 September 2025)
MD Habibur Rahman			(Resigned 9 January 2026)
MD Omer Foyje







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

MD Omer Foyje
Director
30 June 2026

at	30 June 2026
Company No.		15766048	Notes	2026	2025
				£	£






Current assets

	Debtors		5	300	6,734

	Cash at bank and in hand			127	521
				427	7,255
Creditors: Amount falling due within one year			6	1,288	(6,166)
Net current assets				1,715	1,089
Total assets less current liabilities				1,715	1,089




Net assets				1,715	1,089

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	1,615	989

Total equity				1,715	1,089



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 June 2026 and signed on its behalf by:
MD Omer Foyje
Director
30 June 2026

for the year ended 30 June 2026

General information

WELFORD CARS UK LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 15766048

Its registered office is:

24 Kingsley Street

Leicester

LE2 6DL

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	166	232

		Total corporation tax	166	232





		Tax on profit on ordinary activities	166	232

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-32	£	£
		Profit on ordinary activities before tax	792	1,221

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	198	305
		Expenses not deductible for tax purposes	(32)	(73)




		Tax on profit on ordinary activities	166	232

5	Debtors
			2026	2025
			£	£






		Other debtors	300	6,734

			300	6,734

6	Creditors:
		amounts falling due within one year
			2026	2025
			£	£






		Taxes and social security	398	232
		Loans from directors	(1,185)	-
		Other creditors	(500)	4,975
		Accruals and deferred income	(1)	959
			(1,288)	6,166

Share Capital

100 £1 Ordinary Shares issued to Directors/Shareholders

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.