TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Company Registration Number:
05009051 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Company Information

for the Period Ended 31 January 2023




Director: ANTHONY C. WORSWICK
Registered office: C/O Worswick Engineering Ltd
Philips Road
Blackburn
BB1 5SG
Company Registration Number: 05009051 (England and Wales)

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

The principal activity of the company in the year under review was of the repair and manufacture of special parts for performance cars.

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
ANTHONY C. WORSWICK

This report was approved by the board of directors on 27 October 2023
And Signed On Behalf Of The Board By:

Name: ANTHONY C. WORSWICK
Status: Director

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 39,476 44,222
Cost of sales ( 27,724 ) ( 46,135 )
Gross Profit or (Loss) 11,752 ( 1,913 )
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 8,443 ) ( 9,171 )
Operating Profit or (Loss) 3,309 ( 11,084 )
Profit or (Loss) Before Tax 3,309 ( 11,084 )
Profit or (Loss) for Period 3,309 ( 11,084 )

The notes form part of these financial statements

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 8,590 10,106
Total fixed assets: 8,590 10,106
Current assets
Stocks: 750 750
Debtors: 5 19,767 7,907
Cash at bank and in hand: 13,583 10,796
Total current assets: 34,100 19,453
Creditors: amounts falling due within one year: 6 ( 133,724 ) ( 122,386 )
Net current assets (liabilities): ( 99,624 ) ( 102,933 )
Total assets less current liabilities: ( 91,034 ) ( 92,827 )
Total net assets (liabilities): ( 91,034 ) ( 92,827 )

The notes form part of these financial statements

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 92,034 ) ( 93,827 )
Shareholders funds: ( 91,034 ) ( 92,827 )

For the year ending 31 January 2023 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 October 2023
And Signed On Behalf Of The Board By:

Name: ANTHONY C. WORSWICK
Status: Director

The notes form part of these financial statements

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 February 2022 47,780 47,780
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 47,780 47,780
Depreciation
At 01 February 2022 37,674 37,674
Charge for year 1,516 1,516
On disposals - -
Other adjustments - -
At 31 January 2023 39,190 39,190
Net book value
At 31 January 2023 8,590 8,590
At 31 January 2022 10,106 10,106

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 19,767 7,907
Total 19,767 7,907

TONY WORSWICK AUTOMOTIVE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 21,891 19,052
Accruals and deferred income 550 550
Other creditors 111,283 102,784
Total 133,724 122,386