Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01true1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activitytruefalse2 10494159 2022-12-01 2023-11-30 10494159 2021-12-01 2022-11-30 10494159 2023-11-30 10494159 2022-11-30 10494159 c:Director1 2022-12-01 2023-11-30 10494159 c:RegisteredOffice 2022-12-01 2023-11-30 10494159 d:CurrentFinancialInstruments 2023-11-30 10494159 d:CurrentFinancialInstruments 2022-11-30 10494159 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10494159 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10494159 d:ShareCapital 2023-11-30 10494159 d:ShareCapital 2022-11-30 10494159 d:RetainedEarningsAccumulatedLosses 2023-11-30 10494159 d:RetainedEarningsAccumulatedLosses 2022-11-30 10494159 c:OrdinaryShareClass1 2022-12-01 2023-11-30 10494159 c:OrdinaryShareClass1 2023-11-30 10494159 c:OrdinaryShareClass1 2022-11-30 10494159 c:FRS102 2022-12-01 2023-11-30 10494159 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10494159 c:FullAccounts 2022-12-01 2023-11-30 10494159 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10494159










AUTOMOTIVE INVESTMENTS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

 
AUTOMOTIVE INVESTMENTS LTD
 

COMPANY INFORMATION


Director
Mr I Carter 




Registered number
10494159



Registered office
Hownsgill Drive
Delves Lane Industrial Estate

Consett

County Durham

DH8 9HU




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
AUTOMOTIVE INVESTMENTS LTD
REGISTERED NUMBER: 10494159

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
190
-

Cash at bank and in hand
  
10,751
201,419

  
10,941
201,419

Creditors: amounts falling due within one year
 5 
(700)
(190,366)

Net current assets
  
 
 
10,241
 
 
11,053

Total assets less current liabilities
  
10,241
11,053

  

Net assets
  
10,241
11,053


Capital and reserves
  

Called up share capital 
 6 
3,000
3,000

Profit and loss account
  
7,241
8,053

  
10,241
11,053


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2024.




Mr I Carter
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
AUTOMOTIVE INVESTMENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Automotive Investments Limited is a private company, limited by shares, incorporated in England, Registration Number 10494159. The registered office address is Hownsgill Drive, Delves Lane Industrial Estate, Consett, County Durham, DH8 9HU.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 2).

Page 2

 
AUTOMOTIVE INVESTMENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Tax recoverable
190
-

190
-



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
50,000

Other taxation and social security
-
4,186

Other creditors
100
135,100

Accruals and deferred income
600
1,080

700
190,366



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



3,000 (2022 - 3,000) Ordinary shares of £1.00 each
3,000
3,000



Page 3