KL CARS PRESTON LTD
Statement of financial position
as at 31 January 2026
Cash at bank and in hand
8,582
Creditors: amounts falling due within one year
(11,575)
Profit and loss account
3,930
For the period ending 31 January 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 and authorised for issue on 7 October 2026 and were signed on its behalf by
AFNAD THIRUMANGALATH
Director
Company Registration No. 16169916
KL CARS PRESTON LTD
Notes to the Accounts
for the period from 8 January 2025 to 31 January 2026
KL CARS PRESTON LTD is a private company, limited by shares, registered in England and Wales, registration number 16169916. The registered office is Unit 6, Preston Enterprise Centre, Salter Street, Preston, Lancashire, PR1 1NT, 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 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 stated at cost less accumulated depreciation and impairment losses. Depreciation is charged so as to write off the cost of assets, less their estimated residual values, over their estimated useful lives on a straight-line basis. The principal rates used are as follows:
Plant and Machinery (Garage Equipment): Straight-line over 5 years.
4
Tangible fixed assets
Total
5
Average number of employees
During the period the average number of employees was 4.