AUTOBEST MD LTD

Company Registration Number:
13573674 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

AUTOBEST MD LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Additional notes
Balance sheet notes

AUTOBEST MD LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Called up share capital not paid: 3,567 37,267
Fixed assets
Tangible assets: 3 353,272 102,000
Investments: 4 54,673 134,560
Total fixed assets: 407,945 236,560
Current assets
Cash at bank and in hand: 33,567 1,000
Total current assets: 33,567 1,000
Net current assets (liabilities): 33,567 1,000
Total assets less current liabilities: 445,079 274,827
Total net assets (liabilities): 445,079 274,827
Capital and reserves
Called up share capital: 445,079 274,827
Total Shareholders' funds: 445,079 274,827

The notes form part of these financial statements

AUTOBEST MD LTD

Balance sheet statements

For the year ending 31 August 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 9 April 2024
and signed on behalf of the board by:

Name: Cristian Capitanu
Status: Director

The notes form part of these financial statements

AUTOBEST MD LTD

Notes to the Financial Statements

for the Period Ended 31 August 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

AUTOBEST MD LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 15 10

AUTOBEST MD LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 102,000 102,000
Additions
Disposals
Revaluations 251,272 251,272
Transfers
At 31 August 2023 353,272 353,272
Depreciation
At 1 September 2022
Charge for year
On disposals
Other adjustments
At 31 August 2023
Net book value
At 31 August 2023 353,272 353,272
At 31 August 2022 102,000 102,000

AUTOBEST MD LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Fixed assets investments note

Forklift and accessories for special transport and bulldozer