Engine Factor Ltd 12160372 Wholesale trade of motor vehicle parts and accessories false 1 January 2022 12160372 2022-01-01 2022-12-31 12160372 2021-12-31 12160372 2022-12-31 12160372 2021-01-01 2021-12-31 12160372 2020-12-31 12160372 2021-12-31 12160372 frs102-bus:FRS102 2022-01-01 2022-12-31 12160372 frs102-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 12160372 frs102-bus:FullAccounts 2022-01-01 2022-12-31 12160372 frs102-bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 12160372 frs102-core:CurrentFinancialInstruments 2022-12-31 12160372 frs102-core:CurrentFinancialInstruments 2021-12-31 12160372 frs102-core:ShareCapital 2022-12-31 12160372 frs102-core:ShareCapital 2021-12-31 12160372 frs102-core:RetainedEarningsAccumulatedLosses 2022-12-31 12160372 frs102-core:RetainedEarningsAccumulatedLosses 2021-12-31 12160372 frs102-bus:Director1 2022-01-01 2022-12-31 12160372 frs102-core:OfficeEquipment 2022-01-01 2022-12-31 12160372 frs102-core:ToolsEquipment 2022-01-01 2022-12-31 12160372 frs102-core:OfficeEquipment 2021-12-31 12160372 frs102-core:ToolsEquipment 2021-12-31 12160372 frs102-core:OfficeEquipment 2022-12-31 12160372 frs102-core:ToolsEquipment 2022-12-31 12160372 frs102-core:OfficeEquipment 2021-12-31 12160372 frs102-core:ToolsEquipment 2021-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
12160372
Engine Factor Ltd
Unaudited Accounts
for the year ended
31 December 2022
Engine Factor Ltd
Balance Sheet
as at 31 December 2022
Notes
2022
£
2021
£
Fixed assets
Tangible assets 5 1,366 1,708
1,366 1,708
Current assets
Stocks 9,500 0
Cash at bank and in hand 81,921 66,432
91,421 66,432
Creditors: amounts falling due within one year 6 (92,399) (67,496)
Net current assets / (liabilities) (978) (1,064)
Total assets less current liabilities 388 644
Provisions for liabilities (0) (0)
Total net assets (liabilities) 388 644
Capital and reserves
Called up share capital 1 1
Profit and loss account 387 643
Shareholders' funds 388 644

Engine Factor Ltd
Balance Sheet
as at 31 December 2022



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2022 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr C Hiam

Director


Approved by the board on 30 September 2023

Company Number: 12160372 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

29 Kingfisher Drive
Soham
Ely
Cambs
CB7 5GP
England

Engine Factor Ltd
Notes to the Accounts
for the year ended 31 December 2022

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 20% Reducing Balance
Tools & equipment 20% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2022

2021
£ £
Directors' remuneration 8,760 8,760

3. Taxation
2022 2021
£ £
UK Corporation Tax 4,712 3,225
Tax on profit/(loss) on ordinary activities 4,712 3,225

4. Employees
2022 2021
Average number of employees during the period 1 1

5. Tangible fixed assets
Office equipment Tools & equipment Total
Cost or valuation £ £ £
At 1 January 2022 419 2,250 2,669
At 31 December 2022 419 2,250 2,669
Depreciation
At 1 January 2022 151 810 961
Charge for the period 54 288 342
At 31 December 2022 205 1,098 1,303
Net book value
At 31 December 2022 214 1,152 1,366
At 31 December 2021 268 1,440 1,708

6. Creditors: amounts falling due within one year
2022 2021
£ £
Taxation & social security 4,712 3,225
Other creditors 87,687 64,271
92,399 67,496

7. Dividends
2022 2021
£ £
Total dividend payment 20,000 16,000