Company Registration No. 13173437 (England and Wales)
AUTO SHOW LTD
Unaudited accounts
for the year ended 28 February 2023
AUTO SHOW LTD
Unaudited accounts
Contents
AUTO SHOW LTD
Company Information
for the year ended 28 February 2023
Company Number
13173437 (England and Wales)
Registered Office
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
England
Accountants
GIA Foley & Co Ltd
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
AUTO SHOW LTD
Statement of financial position
as at 28 February 2023
Inventories
315,390
253,958
Cash at bank and in hand
72,999
14,775
Creditors: amounts falling due within one year
(77,499)
(56,389)
Net current assets
317,365
212,344
Total assets less current liabilities
319,782
212,659
Creditors: amounts falling due after more than one year
(102,056)
(112,537)
Net assets
217,726
100,122
Called up share capital
1
1
Profit and loss account
217,725
100,121
Shareholders' funds
217,726
100,122
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 November 2023 and were signed on its behalf by
Shkelqim Sadiku
Director
Company Registration No. 13173437
AUTO SHOW LTD
Notes to the Accounts
for the year ended 28 February 2023
AUTO SHOW LTD is a private company, limited by shares, registered in England and Wales, registration number 13173437. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Reducing balance method
Computer equipment
33% Straight line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,740
1,161
2,901
At 28 February 2023
1,740
1,630
3,370
Charge for the year
261
538
799
At 28 February 2023
261
692
953
At 28 February 2023
1,479
938
2,417
At 28 February 2022
-
315
315
AUTO SHOW LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
19,310
29,323
Taxes and social security
39,055
25,066
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
102,056
112,537
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).