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REGISTERED NUMBER: 12826928 (England and Wales)











Unaudited Financial Statements

for the Period 20 August 2020 to 31 August 2021

for

Longbeck Auto Parts Ltd

Longbeck Auto Parts Ltd (Registered number: 12826928)






Contents of the Financial Statements
for the Period 20 August 2020 to 31 August 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Longbeck Auto Parts Ltd

Company Information
for the Period 20 August 2020 to 31 August 2021







DIRECTORS: J E Ford
Mrs S K Lunn





SECRETARY:





REGISTERED OFFICE: Warehouse rear of Top Spot Service Stn
Longbeck Road
Longbeck Industrial Estate
Marske By The Sea
Cleveland
TS11 6HB





REGISTERED NUMBER: 12826928 (England and Wales)





ACCOUNTANTS: Mollart & Co
39 Grange Road
Darlington
Co. Durham
DL1 5NB

Longbeck Auto Parts Ltd (Registered number: 12826928)

Balance Sheet
31 August 2021

Notes £    £   
FIXED ASSETS
Tangible assets 4 5,843

CURRENT ASSETS
Stocks 58,250
Debtors 5 11,091
Cash at bank and in hand 38,155
107,496
CREDITORS
Amounts falling due within one year 6 86,339
NET CURRENT ASSETS 21,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,000

PROVISIONS FOR LIABILITIES 1,110
NET ASSETS 25,890

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 25,888
25,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Longbeck Auto Parts Ltd (Registered number: 12826928)

Balance Sheet - continued
31 August 2021


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2022 and were signed on its behalf by:




J E Ford - Director



Mrs S K Lunn - Director


Longbeck Auto Parts Ltd (Registered number: 12826928)

Notes to the Financial Statements
for the Period 20 August 2020 to 31 August 2021

1. STATUTORY INFORMATION

Longbeck Auto Parts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Longbeck Auto Parts Ltd (Registered number: 12826928)

Notes to the Financial Statements - continued
for the Period 20 August 2020 to 31 August 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,242
At 31 August 2021 7,242
DEPRECIATION
Charge for period 1,399
At 31 August 2021 1,399
NET BOOK VALUE
At 31 August 2021 5,843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 10,897
Other debtors 194
11,091

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 59,108
Taxation and social security 9,253
Other creditors 17,978
86,339

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 August 2021:

£   
J E Ford
Balance outstanding at start of period -
Amounts advanced 16,180
Amounts repaid (8,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 8,180

Mrs S K Lunn
Balance outstanding at start of period -
Amounts advanced 18,168
Amounts repaid (9,550 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 8,618