IRIS Accounts Production v22.2.0.402 07613187 Board of Directors 1.5.21 30.4.22 30.4.22 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure076131872021-04-30076131872022-04-30076131872021-05-012022-04-30076131872020-04-30076131872020-05-012021-04-30076131872021-04-3007613187ns16:EnglandWales2021-05-012022-04-3007613187ns15:PoundSterling2021-05-012022-04-3007613187ns11:Director12021-05-012022-04-3007613187ns11:PrivateLimitedCompanyLtd2021-05-012022-04-3007613187ns11:SmallEntities2021-05-012022-04-3007613187ns11:AuditExempt-NoAccountantsReport2021-05-012022-04-3007613187ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3007613187ns11:SmallCompaniesRegimeForAccounts2021-05-012022-04-3007613187ns11:FullAccounts2021-05-012022-04-300761318712021-05-012022-04-3007613187ns11:Director22021-05-012022-04-3007613187ns11:RegisteredOffice2021-05-012022-04-3007613187ns6:CurrentFinancialInstruments2022-04-3007613187ns6:CurrentFinancialInstruments2021-04-3007613187ns6:Non-currentFinancialInstruments2022-04-3007613187ns6:Non-currentFinancialInstruments2021-04-3007613187ns6:ShareCapital2022-04-3007613187ns6:ShareCapital2021-04-3007613187ns6:RetainedEarningsAccumulatedLosses2022-04-3007613187ns6:RetainedEarningsAccumulatedLosses2021-04-3007613187ns6:NetGoodwill2021-05-012022-04-3007613187ns6:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3007613187ns6:PlantMachinery2021-05-012022-04-3007613187ns6:FurnitureFittings2021-05-012022-04-3007613187ns6:MotorVehicles2021-05-012022-04-3007613187ns6:ComputerEquipment2021-05-012022-04-3007613187ns6:NetGoodwill2021-04-3007613187ns6:NetGoodwill2022-04-3007613187ns6:NetGoodwill2021-04-3007613187ns6:PlantMachinery2021-04-3007613187ns6:FurnitureFittings2021-04-3007613187ns6:MotorVehicles2021-04-3007613187ns6:ComputerEquipment2021-04-3007613187ns6:PlantMachinery2022-04-3007613187ns6:FurnitureFittings2022-04-3007613187ns6:MotorVehicles2022-04-3007613187ns6:ComputerEquipment2022-04-3007613187ns6:PlantMachinery2021-04-3007613187ns6:FurnitureFittings2021-04-3007613187ns6:MotorVehicles2021-04-3007613187ns6:ComputerEquipment2021-04-3007613187ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3007613187ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-05-012022-04-3007613187ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-04-3007613187ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3007613187ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3007613187ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-3007613187ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-04-3007613187ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2021-04-3007613187ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-04-3007613187ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2021-04-3007613187ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-04-3007613187ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2021-04-3007613187ns6:WithinOneYearns6:CurrentFinancialInstrumentsns6:HirePurchaseContracts2022-04-3007613187ns6:WithinOneYearns6:CurrentFinancialInstrumentsns6:HirePurchaseContracts2021-04-3007613187ns6:BetweenOneFiveYearsns6:HirePurchaseContracts2022-04-3007613187ns6:BetweenOneFiveYearsns6:HirePurchaseContracts2021-04-3007613187ns6:HirePurchaseContracts2022-04-3007613187ns6:HirePurchaseContracts2021-04-3007613187ns6:WithinOneYear2022-04-3007613187ns6:WithinOneYear2021-04-3007613187ns6:BetweenOneFiveYears2022-04-3007613187ns6:BetweenOneFiveYears2021-04-3007613187ns6:AllPeriods2022-04-3007613187ns6:AllPeriods2021-04-30
REGISTERED NUMBER: 07613187 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

AMORS AUTO SOLUTIONS LIMITED

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AMORS AUTO SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTORS: Mrs L Amor
D Amor





REGISTERED OFFICE: C/o Melanie Curtis Accountants Ltd
100 Berkshire Place
Winnersh
Wokingham
Berkshire
RG41 5RD





REGISTERED NUMBER: 07613187 (England and Wales)





ACCOUNTANTS: Melanie Curtis Accountants Ltd
Chartered Certified Accountants
100 Berkshire Place
Winnersh
Wokingham
Berkshire
RG41 5RD

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2022

30.4.22 30.4.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 43,347 56,610
43,347 56,610

CURRENT ASSETS
Stocks 400 400
Debtors 6 13,791 15,039
Cash at bank and in hand 80,462 73,896
94,653 89,335
CREDITORS
Amounts falling due within one year 7 57,342 57,149
NET CURRENT ASSETS 37,311 32,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,658

88,796

CREDITORS
Amounts falling due after more than one
year

8

(43,156

)

(56,631

)

PROVISIONS FOR LIABILITIES (4,003 ) (10,650 )
NET ASSETS 33,499 21,515

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,399 21,415
SHAREHOLDERS' FUNDS 33,499 21,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2022 and were signed on its behalf by:





Mrs L Amor - Director


AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

Amors Auto Solutions Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% 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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES

The average number of employees during the year was NIL (2021 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2021
and 30 April 2022 35,000
AMORTISATION
At 1 May 2021
and 30 April 2022 35,000
NET BOOK VALUE
At 30 April 2022 -
At 30 April 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2021
and 30 April 2022 61,309 737 48,718 1,043 111,807
DEPRECIATION
At 1 May 2021 31,127 584 22,797 689 55,197
Charge for year 3,018 153 9,748 344 13,263
At 30 April 2022 34,145 737 32,545 1,033 68,460
NET BOOK VALUE
At 30 April 2022 27,164 - 16,173 10 43,347
At 30 April 2021 30,182 153 25,921 354 56,610

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2021
and 30 April 2022 47,718
DEPRECIATION
At 1 May 2021 22,197
Charge for year 9,548
At 30 April 2022 31,745
NET BOOK VALUE
At 30 April 2022 15,973
At 30 April 2021 25,521

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade debtors 810 1,327
Other debtors 12,500 12,500
Taxation recoverable 481 1,212
13,791 15,039

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Bank loans and overdrafts 9,702 7,890
Hire purchase contracts (see note 9) 3,773 3,381
Trade creditors 2,742 6,003
Taxation and social security 31,951 36,249
Directors' loan accounts 7,091 293
Accruals and deferred income 2,083 3,333
57,342 57,149

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.22 30.4.21
£    £   
Bank loans - 1-2 years 9,957 9,702
Bank loans - 2-5 years 22,450 30,638
Bank loans more 5 yr by instal - 1,769
Hire purchase contracts (see note 9) 10,749 14,522
43,156 56,631

AMORS AUTO SOLUTIONS LIMITED (REGISTERED NUMBER: 07613187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.22 30.4.21
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,769

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.4.22 30.4.21
£    £   
Net obligations repayable:
Within one year 3,773 3,381
Between one and five years 10,749 14,522
14,522 17,903

Non-cancellable operating leases
30.4.22 30.4.21
£    £   
Within one year - 25,000
Between one and five years - 58,333
- 83,333