HONEYPOT AUTO CENTRE LIMITED

Company Registration Number:
07717649 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

HONEYPOT AUTO CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

HONEYPOT AUTO CENTRE LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Paras Shah
Registered office: 2
Wigton Gardens
Stanmore
England
HA7 1BG
Company Registration Number: 07717649 (England and Wales)

HONEYPOT AUTO CENTRE LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 582,254 584,021
Total fixed assets: 582,254 584,021
Current assets
Debtors: 5 119,588 115,547
Cash at bank and in hand: 14,354 9,920
Total current assets: 133,942 125,467
Creditors: amounts falling due within one year: 6 ( 41,602 ) ( 35,885 )
Net current assets (liabilities): 92,340 89,582
Total assets less current liabilities: 674,594 673,603
Creditors: amounts falling due after more than one year: 7 ( 298,525 ) ( 316,562 )
Total net assets (liabilities): 376,069 357,041

The notes form part of these financial statements

HONEYPOT AUTO CENTRE LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 350,000 350,000
Profit and loss account: 26,069 7,041
Shareholders funds: 376,069 357,041

For the year ending 31 July 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.

This report was approved by the board of directors on 20 March 2024
And Signed On Behalf Of The Board By:

Name: Paras Shah
Status: Director

The notes form part of these financial statements

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Land & buildings Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 August 2022 499,146 76,040 49,393 624,579
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2023 499,146 76,040 49,393 624,579
Depreciation
At 01 August 2022 - - 40,558 40,558
Charge for year - - 1,767 1,767
On disposals - - - -
Other adjustments - - - -
At 31 July 2023 - - 42,325 42,325
Net book value
At 31 July 2023 499,146 76,040 7,068 582,254
At 31 July 2022 499,146 76,040 8,835 584,021

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 18,047 18,047
Other debtors 101,541 97,500
Total 119,588 115,547

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 41,602 35,885
Total 41,602 35,885

HONEYPOT AUTO CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 131,374 141,647
Other creditors 167,151 174,915
Total 298,525 316,562