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REGISTERED NUMBER: 04644625 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

A To B Vehicles Limited

A To B Vehicles Limited (Registered number: 04644625)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A To B Vehicles Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: N R Butterworth
Mrs A Butterworth





REGISTERED OFFICE: 4 Hollin Fold
Blacko
Nelson
Lancashire
BB9 6LW





REGISTERED NUMBER: 04644625 (England and Wales)





ACCOUNTANTS: SG Accountants
150A Preston Old Road
Blackpool
Lancashire
FY3 9QP

A To B Vehicles Limited (Registered number: 04644625)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 683,464 500,117

CURRENT ASSETS
Stocks 2,944,797 2,098,813
Debtors 5 332,957 300,587
Cash at bank - 197,871
3,277,754 2,597,271
CREDITORS
Amounts falling due within one year 6 2,709,476 2,016,629
NET CURRENT ASSETS 568,278 580,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,251,742

1,080,759

CREDITORS
Amounts falling due after more than
one year

7

213,884

217,135
NET ASSETS 1,037,858 863,624

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,037,758 863,524
1,037,858 863,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

A To B Vehicles Limited (Registered number: 04644625)

Balance Sheet - continued
31 January 2023


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 October 2023 and were signed on its behalf by:





N R Butterworth - Director


A To B Vehicles Limited (Registered number: 04644625)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

A To B Vehicles 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 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 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.

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

A To B Vehicles Limited (Registered number: 04644625)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

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 year was 12 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 746,367
Additions 193,597
At 31 January 2023 939,964
DEPRECIATION
At 1 February 2022 246,250
Charge for year 10,250
At 31 January 2023 256,500
NET BOOK VALUE
At 31 January 2023 683,464
At 31 January 2022 500,117

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 332,957 300,587

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 105,694 38,935
Hire purchase contracts 67,758 41,174
Trade creditors 1,954,234 1,539,794
Taxation and social security 41,894 49,754
Other creditors 539,896 346,972
2,709,476 2,016,629

A To B Vehicles Limited (Registered number: 04644625)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 92,037 124,955
Hire purchase contracts 107,395 73,588
Other creditors 14,452 18,592
213,884 217,135