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Company Registration No. 06443189 (England and Wales)
Autoserv North West Ltd Unaudited accounts for the year ended 31 May 2023
Autoserv North West Ltd Unaudited accounts Contents
Page
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Autoserv North West Ltd Company Information for the year ended 31 May 2023
Directors
Daniel Ian Foy Evans Diana Margaret Evans
Secretary
Diana Margaret Evans
Company Number
06443189 (England and Wales)
Registered Office
1 Hodge Road Walkden Manchester M28 3AU
Accountants
Monton Green Accountancy Ltd 5 Hawthorn Avenue Eccles Manchester M30 9NE
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Autoserv North West Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,476 
47,823 
Current assets
Inventories
4,916 
3,666 
Debtors
49,157 
49,024 
Cash at bank and in hand
42,152 
19,092 
96,225 
71,782 
Creditors: amounts falling due within one year
(125,847)
(97,464)
Net current liabilities
(29,622)
(25,682)
Total assets less current liabilities
20,854 
22,141 
Creditors: amounts falling due after more than one year
(20,787)
(30,284)
Net assets/(liabilities)
67 
(8,143)
Capital and reserves
Called up share capital
2 
1 
Profit and loss account
65 
(8,144)
Shareholders' funds
67 
(8,143)
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Daniel Ian Foy Evans Director Company Registration No. 06443189
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Autoserv North West Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Autoserv North West Ltd is a private company, limited by shares, registered in England and Wales, registration number 06443189. The registered office is 1 Hodge Road, Walkden, Manchester, M28 3AU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Reducing Balance
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
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.
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Autoserv North West Ltd Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
17,800 
79,488 
97,288 
Additions
9,531 
7,430 
16,961 
At 31 May 2023
27,331 
86,918 
114,249 
Depreciation
At 1 June 2022
5,769 
43,696 
49,465 
Charge for the year
4,563 
9,745 
14,308 
At 31 May 2023
10,332 
53,441 
63,773 
Net book value
At 31 May 2023
16,999 
33,477 
50,476 
At 31 May 2022
12,031 
35,792 
47,823 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,241 
10,372 
Accrued income and prepayments
2,053 
- 
Other debtors
39,863 
38,652 
49,157 
49,024 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,794 
9,959 
VAT
7,983 
13,197 
Trade creditors
18,015 
8,405 
Taxes and social security
7,650 
1,142 
Other creditors
1,326 
- 
Loans from directors
80,479 
63,509 
Accruals
600 
1,252 
125,847 
97,464 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,787 
30,284 
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Autoserv North West Ltd Notes to the Accounts for the year ended 31 May 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
1 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
9
Transactions with related parties
An interest free loan was made to Motum Property Ltd which is also owned by Mr Daniel Ian Foy Evans and Mrs Diana Margaret Evans. The balance outstanding on the loan at 31st May 2023 is £39,863 (2022: £38,652).
10
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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