2023-02-01 07930140 2024-01-31 07930140 2023-02-01 2024-01-31 07930140 2023-01-31 07930140 2022-02-01 2023-01-31 07930140 uk-core:WithinOneYear 2023-01-31 07930140 uk-core:WithinOneYear 2024-01-31 07930140 uk-core:ShareCapital 2024-01-31 07930140 uk-core:ShareCapital 2023-01-31 07930140 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 07930140 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 07930140 uk-bus:Director1 2023-02-01 2024-01-31 07930140 uk-bus:Director2 2023-02-01 2024-01-31 07930140 uk-core:AfterOneYear 2024-01-31 07930140 uk-core:AfterOneYear 2023-01-31 07930140 uk-core:WithinOneYear 2024-01-31 07930140 uk-core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure 07930140 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07930140 uk-bus:FRS102 2023-02-01 2024-01-31 07930140 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 07930140 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Toyo-Tech Automotive Limited
Registered Number:07930140
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Toyo-Tech Automotive Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07930140
As at 31 January 2024
Toyo-Tech Automotive Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,548
3,178
2
2,548
3,178
Current assets
Trade and other receivables
-
91
3
46,118
Cash and cash equivalents
49,742
49,833
46,118
Trade and other payables: amounts falling due within one
year
(46,708)
(57,278)
4
(590)
(7,445)
Net current liabilities
Total assets less current liabilities
(4,897)
2,588
(4,897)
Net assets/liabilities
2,588
Capital and reserves
Called up share capital
2
2
Retained earnings
(4,899)
2,586
(4,897)
2,588
Shareholders' funds
For the year ended 31 January 2024 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Alan Patient Director
Dominic Simmons Director
These financial statements were approved and authorised for issue by the Board on 03 June 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2024
Toyo-Tech Automotive Limited
Notes to the Financial Statements
Statutory Information
Toyo-Tech Automotive Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07930140.
Registered address:
12 Redhills Industrial Estate
South Woodham Ferrers
Chelmsford
Essex
CM35UP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 February 2023
34,700
At 31 January 2024
34,700
Provision for depreciation and impairment
At 01 February 2023
31,522
Charge for year
630
At 31 January 2024
32,152
At 31 January 2024
Net book value
2,548
At 31 January 2023
3,178
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5
For the year ended 31 January 2024
Toyo-Tech Automotive Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Other debtors
91
-
The debtors above include the following amounts falling due after more than one year:
Other debtors
91
-
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
11,666
11,666
Trade creditors
2,576
-
Taxation and social security
14,458
14,780
Other creditors
28,578
20,262
57,278
46,708
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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