Company Registration No. 08472124 (England and Wales)
AUTO RESPRAYS LIMITED
Unaudited accounts
for the year ended 31 March 2023
AUTO RESPRAYS LIMITED
Unaudited accounts
Contents
AUTO RESPRAYS LIMITED
Company Information
for the year ended 31 March 2023
Director
Mohammed Arif YAKOOB
Company Number
08472124 (England and Wales)
Registered Office
7 COWPER ROAD
LEEDS
LS11 6JX
LS9 7AP
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
AUTO RESPRAYS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
2,069
2,523
Cash at bank and in hand
6,686
15,716
Creditors: amounts falling due within one year
(2,308)
(1,379)
Net current assets
33,251
43,368
Total assets less current liabilities
35,320
45,891
Creditors: amounts falling due after more than one year
(47,357)
(49,216)
Net liabilities
(12,037)
(3,325)
Called up share capital
100
100
Profit and loss account
(12,137)
(3,425)
Shareholders' funds
(12,037)
(3,325)
For the year ending 31 March 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 11 December 2023 and were signed on its behalf by
Mohammed Arif YAKOOB
Director
Company Registration No. 08472124
AUTO RESPRAYS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
AUTO RESPRAYS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08472124. The registered office is 7 COWPER ROAD, LEEDS, LS11 6JX, LS9 7AP.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
20% diminishing balance method
Motor vehicles
20% diminishing balance method
Fixtures & fittings
15% diminishing balance method
Government grants in relation to job retention scheme are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss.
AUTO RESPRAYS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
2,000
6,850
8,850
At 31 March 2023
2,000
6,850
8,850
At 1 April 2022
1,590
4,737
6,327
Charge for the year
82
372
454
At 31 March 2023
1,672
5,109
6,781
At 31 March 2023
328
1,741
2,069
At 31 March 2022
410
2,113
2,523
Amounts falling due within one year
Other debtors
9,559
10,576
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).