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Company Registration No. 13404737 (England and Wales)
Britalia Auto Recovery Ltd Unaudited accounts for the year ended 31 March 2024
Britalia Auto Recovery Ltd Unaudited accounts Contents
Page
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Britalia Auto Recovery Ltd Company Information for the year ended 31 March 2024
Directors
Mr G Callari Giuseppe Callari
Company Number
13404737 (England and Wales)
Registered Office
143 HERSHAM ROAD WALTON-ON-THAMES KT12 1RR ENGLAND
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Britalia Auto Recovery Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,837 
69,482 
Current assets
Debtors
34,389 
39,864 
Cash at bank and in hand
69,734 
94,901 
104,123 
134,765 
Creditors: amounts falling due within one year
(113,674)
(155,318)
Net current liabilities
(9,551)
(20,553)
Total assets less current liabilities
62,286 
48,929 
Provisions for liabilities
Deferred tax
(15,053)
(12,997)
Net assets
47,233 
35,932 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,133 
35,832 
Shareholders' funds
47,233 
35,932 
For the year ending 31 March 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 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 8 August 2024 and were signed on its behalf by
Mr G Callari Director Company Registration No. 13404737
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Britalia Auto Recovery Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Britalia Auto Recovery Ltd is a private company, limited by shares, registered in England and Wales, registration number 13404737. The registered office is 143 HERSHAM ROAD, WALTON-ON-THAMES, KT12 1RR, ENGLAND.
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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net sales, excluding value added tax.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
15% reducing balance
Computer equipment
20% reducing balance
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account in the period to which they relate.
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Britalia Auto Recovery Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,800 
82,780 
2,465 
87,045 
Additions
- 
14,500 
- 
14,500 
At 31 March 2024
1,800 
97,280 
2,465 
101,545 
Depreciation
At 1 April 2023
347 
16,569 
647 
17,563 
Charge for the year
218 
11,564 
363 
12,145 
At 31 March 2024
565 
28,133 
1,010 
29,708 
Net book value
At 31 March 2024
1,235 
69,147 
1,455 
71,837 
At 31 March 2023
1,453 
66,211 
1,818 
69,482 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,244 
33,150 
Other debtors
5,145 
6,714 
34,389 
39,864 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,383 
6,806 
Taxes and social security
34,653 
26,036 
Other creditors
75,638 
122,476 
113,674 
155,318 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Controlling party
The controlling party is Mr G Callari. Mr G Callari is the managing director and majority shareholder.
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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