2022-03-01 2023-02-28 false Capium Accounts Production 1.1 12456554 bus:FullAccounts 2022-03-01 2023-02-28 12456554 bus:FRS102 2022-03-01 2023-02-28 12456554 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 12456554 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 12456554 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 12456554 2022-03-01 2023-02-28 12456554 2023-02-28 12456554 bus:RegisteredOffice 2022-03-01 2023-02-28 12456554 core:WithinOneYear 2023-02-28 12456554 core:AfterOneYear 2023-02-28 12456554 bus:Director1 2022-03-01 2023-02-28 12456554 bus:Director1 2023-02-28 12456554 bus:Director1 2021-03-01 2022-02-28 12456554 2021-03-01 12456554 bus:CompanySecretary1 2022-03-01 2023-02-28 12456554 bus:LeadAgentIfApplicable 2022-03-01 2023-02-28 12456554 2021-03-01 2022-02-28 12456554 2022-02-28 12456554 core:WithinOneYear 2022-02-28 12456554 core:AfterOneYear 2022-02-28 12456554 bus:EntityAccountantsOrAuditors 2021-03-01 2022-02-28 12456554 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 12456554 bus:OrdinaryShareClass1 2023-02-28 12456554 bus:OrdinaryShareClass1 2021-03-01 2022-02-28 12456554 bus:OrdinaryShareClass1 2022-02-28 12456554 core:MotorCars 2022-03-01 2023-02-28 12456554 core:MotorCars 2023-02-28 12456554 core:MotorCars 2022-02-28 12456554 core:ComputerEquipment 2022-03-01 2023-02-28 12456554 core:ComputerEquipment 2023-02-28 12456554 core:ComputerEquipment 2022-02-28 12456554 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 12456554 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-02-28 12456554 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 12456554 core:CostValuation core:Non-currentFinancialInstruments 2022-02-28 12456554 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-02-28 12456554 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12456554 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12456554 core:Non-currentFinancialInstruments 2023-02-28 12456554 core:Non-currentFinancialInstruments 2022-02-28 12456554 core:ShareCapital 2023-02-28 12456554 core:ShareCapital 2022-02-28 12456554 core:RetainedEarningsAccumulatedLosses 2023-02-28 12456554 core:RetainedEarningsAccumulatedLosses 2022-02-28 12456554 dpl:Item1 2022-03-01 12456554 dpl:Item1 2023-02-28 12456554 dpl:Item1 2021-03-01 12456554 dpl:Item1 2022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12456554
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 28 February 2023

for

AUTOMOTIVE EAST LIMITED

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 8,561    624 
8,561    624 
Current assets      
Debtors 4 17,626    17,219 
Cash at bank and in hand 6,415    3,953 
24,041    21,172 
Creditors: amount falling due within one year 5 (24,216)   (19,415)
Net current liabilities (175)   1,757 
 
Total assets less current liabilities 8,386    2,381 
Creditors: amount falling due after more than one year 6 (7,984)  
Net assets 402    2,381 
 

Capital and reserves
     
Called up share capital 7 100    100 
Profit and loss account 302    2,281 
Shareholder's funds 402    2,381 
 


For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 13 November 2023 and were signed by:


-------------------------------
Simon Baldock
Director
1
General Information
Automotive East Limited is a private company, limited by shares, registered in England and Wales, registration number 12456554, registration address 3 St. Peter's Road, Brooke, Norfolk, NR15 1LG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Computer Equipment   Total
  £   £   £
At 01 March 2022   1,250    1,250 
Additions 11,000      11,000 
Disposals    
At 28 February 2023 11,000    1,250    12,250 
Depreciation
At 01 March 2022   626    626 
Charge for year 2,750    313    3,063 
On disposals    
At 28 February 2023 2,750    939    3,689 
Net book values
Closing balance as at 28 February 2023 8,250    311    8,561 
Opening balance as at 01 March 2022   624    624 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 9,801    9,745 
Directors' Current Accounts 7,825    7,474 
17,626    17,219 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Corporation Tax 23,045    16,809 
PAYE & Social Security   606 
VAT 1,171    2,000 
24,216    19,415 

6.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Obligations Under HP/Financial Leases 7,984   
7,984   

7.

Share Capital

Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
2023
£
  2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

2