2022-07-012023-06-302023-06-30false11023596AERO CARS OF WOLVERHAMPTON LTD2023-11-1349320iso4217:GBPxbrli:pure110235962022-07-01110235962023-06-30110235962022-07-012023-06-30110235962021-07-01110235962022-06-30110235962021-07-012022-06-3011023596bus:SmallEntities2022-07-012023-06-3011023596bus:AuditExempt-NoAccountantsReport2022-07-012023-06-3011023596bus:AbridgedAccounts2022-07-012023-06-3011023596bus:PrivateLimitedCompanyLtd2022-07-012023-06-3011023596core:WithinOneYear2023-06-3011023596core:AfterOneYear2023-06-3011023596core:WithinOneYear2022-06-3011023596core:AfterOneYear2022-06-3011023596core:ShareCapital2023-06-3011023596core:SharePremium2023-06-3011023596core:RevaluationReserve2023-06-3011023596core:OtherReservesSubtotal2023-06-3011023596core:RetainedEarningsAccumulatedLosses2023-06-3011023596core:ShareCapital2022-06-3011023596core:SharePremium2022-06-3011023596core:RevaluationReserve2022-06-3011023596core:OtherReservesSubtotal2022-06-3011023596core:RetainedEarningsAccumulatedLosses2022-06-3011023596core:LandBuildings2023-06-3011023596core:PlantMachinery2023-06-3011023596core:Vehicles2023-06-3011023596core:FurnitureFittings2023-06-3011023596core:OfficeEquipment2023-06-3011023596core:NetGoodwill2023-06-3011023596core:IntangibleAssetsOtherThanGoodwill2023-06-3011023596core:ListedExchangeTraded2023-06-3011023596core:UnlistedNon-exchangeTraded2023-06-3011023596core:LandBuildings2022-06-3011023596core:PlantMachinery2022-06-3011023596core:Vehicles2022-06-3011023596core:FurnitureFittings2022-06-3011023596core:OfficeEquipment2022-06-3011023596core:NetGoodwill2022-06-3011023596core:IntangibleAssetsOtherThanGoodwill2022-06-3011023596core:ListedExchangeTraded2022-06-3011023596core:UnlistedNon-exchangeTraded2022-06-3011023596core:LandBuildings2022-07-012023-06-3011023596core:PlantMachinery2022-07-012023-06-3011023596core:Vehicles2022-07-012023-06-3011023596core:FurnitureFittings2022-07-012023-06-3011023596core:OfficeEquipment2022-07-012023-06-3011023596core:NetGoodwill2022-07-012023-06-3011023596core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3011023596core:ListedExchangeTraded2022-07-012023-06-3011023596core:UnlistedNon-exchangeTraded2022-07-012023-06-3011023596core:MoreThanFiveYears2022-07-012023-06-3011023596core:Non-currentFinancialInstruments2023-06-3011023596core:Non-currentFinancialInstruments2022-06-3011023596dpl:CostSales2022-07-012023-06-3011023596dpl:DistributionCosts2022-07-012023-06-3011023596core:LandBuildings2022-07-012023-06-3011023596core:PlantMachinery2022-07-012023-06-3011023596core:Vehicles2022-07-012023-06-3011023596core:FurnitureFittings2022-07-012023-06-3011023596core:OfficeEquipment2022-07-012023-06-3011023596dpl:AdministrativeExpenses2022-07-012023-06-3011023596core:NetGoodwill2022-07-012023-06-3011023596core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3011023596dpl:GroupUndertakings2022-07-012023-06-3011023596dpl:ParticipatingInterests2022-07-012023-06-3011023596dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3011023596core:ListedExchangeTraded2022-07-012023-06-3011023596dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3011023596core:UnlistedNon-exchangeTraded2022-07-012023-06-3011023596dpl:CostSales2021-07-012022-06-3011023596dpl:DistributionCosts2021-07-012022-06-3011023596core:LandBuildings2021-07-012022-06-3011023596core:PlantMachinery2021-07-012022-06-3011023596core:Vehicles2021-07-012022-06-3011023596core:FurnitureFittings2021-07-012022-06-3011023596core:OfficeEquipment2021-07-012022-06-3011023596dpl:AdministrativeExpenses2021-07-012022-06-3011023596core:NetGoodwill2021-07-012022-06-3011023596core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3011023596dpl:GroupUndertakings2021-07-012022-06-3011023596dpl:ParticipatingInterests2021-07-012022-06-3011023596dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-06-3011023596core:ListedExchangeTraded2021-07-012022-06-3011023596dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-06-3011023596core:UnlistedNon-exchangeTraded2021-07-012022-06-3011023596core:NetGoodwill2023-06-3011023596core:IntangibleAssetsOtherThanGoodwill2023-06-3011023596core:LandBuildings2023-06-3011023596core:PlantMachinery2023-06-3011023596core:Vehicles2023-06-3011023596core:FurnitureFittings2023-06-3011023596core:OfficeEquipment2023-06-3011023596core:AfterOneYear2023-06-3011023596core:WithinOneYear2023-06-3011023596core:ListedExchangeTraded2023-06-3011023596core:UnlistedNon-exchangeTraded2023-06-3011023596core:ShareCapital2023-06-3011023596core:SharePremium2023-06-3011023596core:RevaluationReserve2023-06-3011023596core:OtherReservesSubtotal2023-06-3011023596core:RetainedEarningsAccumulatedLosses2023-06-3011023596core:NetGoodwill2022-06-3011023596core:IntangibleAssetsOtherThanGoodwill2022-06-3011023596core:LandBuildings2022-06-3011023596core:PlantMachinery2022-06-3011023596core:Vehicles2022-06-3011023596core:FurnitureFittings2022-06-3011023596core:OfficeEquipment2022-06-3011023596core:AfterOneYear2022-06-3011023596core:WithinOneYear2022-06-3011023596core:ListedExchangeTraded2022-06-3011023596core:UnlistedNon-exchangeTraded2022-06-3011023596core:ShareCapital2022-06-3011023596core:SharePremium2022-06-3011023596core:RevaluationReserve2022-06-3011023596core:OtherReservesSubtotal2022-06-3011023596core:RetainedEarningsAccumulatedLosses2022-06-3011023596core:NetGoodwill2021-07-0111023596core:IntangibleAssetsOtherThanGoodwill2021-07-0111023596core:LandBuildings2021-07-0111023596core:PlantMachinery2021-07-0111023596core:Vehicles2021-07-0111023596core:FurnitureFittings2021-07-0111023596core:OfficeEquipment2021-07-0111023596core:AfterOneYear2021-07-0111023596core:WithinOneYear2021-07-0111023596core:ListedExchangeTraded2021-07-0111023596core:UnlistedNon-exchangeTraded2021-07-0111023596core:ShareCapital2021-07-0111023596core:SharePremium2021-07-0111023596core:RevaluationReserve2021-07-0111023596core:OtherReservesSubtotal2021-07-0111023596core:RetainedEarningsAccumulatedLosses2021-07-0111023596core:AfterOneYear2022-07-012023-06-3011023596core:WithinOneYear2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:CostValuation2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3011023596core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3011023596core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3011023596core:Non-currentFinancialInstrumentscore:CostValuation2022-06-3011023596core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-3011023596core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-3011023596bus:Director12022-07-012023-06-30

AERO CARS OF WOLVERHAMPTON LTD

Registered Number
11023596
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

AERO CARS OF WOLVERHAMPTON LTD
Company Information
for the year from 1 July 2022 to 30 June 2023

Director

Mohammed Islam

Registered Address

Six Ways Business Centre
1 Guildford Street
Birmingham
B19 2HN

Place of Business


Registered Number

11023596 (England and Wales)
AERO CARS OF WOLVERHAMPTON LTD
Balance Sheet as at
30 June 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets538,02844,044
38,02844,044
Current assets
Debtors62,000604
Cash at bank and on hand29,30656,475
31,30657,079
Creditors amounts falling due within one year7(91,357)(112,071)
Net current assets (liabilities)(60,051)(54,992)
Total assets less current liabilities(22,023)(10,948)
Creditors amounts falling due after one year8(21,381)(33,045)
Net assets(43,404)(43,993)
Capital and reserves
Called up share capital11
Profit and loss account(43,405)(43,994)
Shareholders' funds(43,404)(43,993)
The financial statements were approved and authorised for issue by the Director on 13 November 2023, and are signed on its behalf by:
Mohammed Islam
Director
Registered Company No. 11023596
AERO CARS OF WOLVERHAMPTON LTD
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles20
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year54
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 July 2262,878
Additions3,120
At 30 June 2365,998
Depreciation and impairment
At 01 July 2218,834
Charge for year9,136
At 30 June 2327,970
Net book value
At 30 June 2338,028
At 30 June 2244,044
6.Debtors

2023

2022

££
Other debtors-604
Prepayments and accrued income2,000-
Total2,000604
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables2,95912,171
Taxation and social security12,0849,111
Finance lease and HP contracts6,8546,214
Other creditors69,46084,575
Total91,357112,071
8.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts14,84519,655
Other creditors6,53613,390
Total21,38133,045
9.Finance lease and HP contracts after one year

2023

2022

££
Finance lease and HP contracts6,53613,390