IRIS Accounts Production v23.2.0.158 06414241 director 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064142412022-04-30064142412023-04-30064142412022-05-012023-04-30064142412021-04-30064142412021-05-012022-04-30064142412022-04-3006414241ns10:Originalns15:EnglandWales2022-05-012023-04-3006414241ns14:PoundSterlingns10:Original2022-05-012023-04-3006414241ns10:Originalns10:Director12022-05-012023-04-3006414241ns10:Original2022-05-012023-04-3006414241ns10:Original2023-04-3006414241ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3006414241ns10:Originalns10:SmallEntities2022-05-012023-04-3006414241ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3006414241ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3006414241ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3006414241ns10:Originalns10:FullAccounts2022-05-012023-04-3006414241ns10:Originalns10:RegisteredOffice2022-05-012023-04-3006414241ns10:Original2022-04-3006414241ns10:Originalns5:CurrentFinancialInstruments2023-04-3006414241ns10:Originalns5:CurrentFinancialInstruments2022-04-3006414241ns5:ShareCapitalns10:Original2023-04-3006414241ns5:ShareCapitalns10:Original2022-04-3006414241ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3006414241ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3006414241ns10:Originalns5:MotorVehicles2022-05-012023-04-3006414241ns10:Originalns5:ComputerEquipment2022-05-012023-04-3006414241ns10:Original2021-05-012022-04-3006414241ns10:Originalns5:FurnitureFittings2022-04-3006414241ns10:Originalns5:MotorVehicles2022-04-3006414241ns10:Originalns5:ComputerEquipment2022-04-3006414241ns10:Original2022-04-3006414241ns10:Originalns5:FurnitureFittings2022-05-012023-04-3006414241ns10:Originalns5:FurnitureFittings2023-04-3006414241ns10:Originalns5:MotorVehicles2023-04-3006414241ns10:Originalns5:ComputerEquipment2023-04-3006414241ns10:Originalns5:FurnitureFittings2022-04-3006414241ns10:Originalns5:MotorVehicles2022-04-3006414241ns10:Originalns5:ComputerEquipment2022-04-3006414241ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3006414241ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 06414241 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

HS AUTOTECH LTD

HS AUTOTECH LTD (REGISTERED NUMBER: 06414241)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HS AUTOTECH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







Director: Mr H S Chahal





Registered office: Corner unit
Granville Street
Southampton
Hampshire
SO14 5FQ





Registered number: 06414241 (England and Wales)





Accountants: M Squared Accounting Ltd
Botley Mills
Mill Hill
Botley
Southampton
Hampshire
SO30 2GB

HS AUTOTECH LTD (REGISTERED NUMBER: 06414241)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 3,433 5,104

Current assets
Debtors 5 2,649 5,778
Cash at bank and in hand 56,693 44,455
59,342 50,233
Creditors
Amounts falling due within one year 6 32,790 39,378
Net current assets 26,552 10,855
Total assets less current liabilities 29,985 15,959

Capital and reserves
Called up share capital 40 40
Retained earnings 29,945 15,919
Shareholders' funds 29,985 15,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 9 October 2023 and were signed by:





Mr H S Chahal - Director


HS AUTOTECH LTD (REGISTERED NUMBER: 06414241)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

HS Autotech Ltd 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

HS AUTOTECH LTD (REGISTERED NUMBER: 06414241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 7,903 12,605 2,034 22,542
DEPRECIATION
At 1 May 2022 3,162 12,241 2,035 17,438
Charge for year 1,581 91 (1 ) 1,671
At 30 April 2023 4,743 12,332 2,034 19,109
NET BOOK VALUE
At 30 April 2023 3,160 273 - 3,433
At 30 April 2022 4,741 364 (1 ) 5,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,557 4,966
Other debtors 92 812
2,649 5,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,028 5,028
Taxation and social security 15,472 12,010
Other creditors 12,290 22,340
32,790 39,378

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The premises in which the company operates from is owned jointly by Mr Chahal and Mr Athwal. The company pay them rent for this at a rate of £18,000 per annum (2020: £18,000).

8. ULTIMATE CONTROLLING PARTY

At the year end Mr Chahal and Mr Athwal had joint control of the company.