AUTO SKILLS (READING) C.I.C.

Company Registration Number:
10659244 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

AUTO SKILLS (READING) C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

AUTO SKILLS (READING) C.I.C.

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 45,657 30,336
Total fixed assets: 45,657 30,336
Current assets
Debtors: 4 2,163 2,555
Cash at bank and in hand: 20,664 29,942
Total current assets: 22,827 32,497
Creditors: amounts falling due within one year: 5 ( 23,172 ) ( 14,258 )
Net current assets (liabilities): (345) 18,239
Total assets less current liabilities: 45,312 48,575
Creditors: amounts falling due after more than one year: 6 ( 15,699 ) ( 24,164 )
Total net assets (liabilities): 29,613 24,411
Capital and reserves
Called up share capital: 14,158 21,778
Profit and loss account: 15,455 2,633
Total Shareholders' funds: 29,613 24,411

The notes form part of these financial statements

AUTO SKILLS (READING) C.I.C.

Balance sheet statements

For the year ending 31 March 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 December 2023
and signed on behalf of the board by:

Name: Angus Vinicombe
Status: Director

The notes form part of these financial statements

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 5

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 15,448 1,063 22,134 38,645
Additions 21,711 1,249 10,502 33,462
Disposals
Revaluations
Transfers
At 31 March 2023 37,159 2,312 32,636 72,107
Depreciation
At 1 April 2022 4,030 70 4,209 8,309
Charge for year 8,300 302 9,539 18,141
On disposals
Other adjustments
At 31 March 2023 12,330 372 13,748 26,450
Net book value
At 31 March 2023 24,829 1,940 18,888 45,657
At 31 March 2022 11,418 993 17,925 30,336

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 2,163 2,555
Total 2,163 2,555

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 23,172 14,258
Total 23,172 14,258

AUTO SKILLS (READING) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 15,699 24,164
Total 15,699 24,164

COMMUNITY INTEREST ANNUAL REPORT

AUTO SKILLS (READING) C.I.C.

Company Number: 10659244 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

Continued to provide training for young people from surrounding community that are, or are at risk of becoming NEET

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 December 2023

And signed on behalf of the board by:
Name: Angus Vinicombe
Status: Director