Company registration number 14921937 (England and Wales)
AUTRIX LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023
AUTRIX LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
AUTRIX LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 1 -
2023
Notes
£
£
Fixed assets
Intangible assets
3
9,600
Tangible assets
4
40,454
50,054
Current assets
Debtors
5
5,967
Cash at bank and in hand
47,073
53,040
Creditors: amounts falling due within one year
6
(139,871)
Net current liabilities
(86,831)
Net liabilities
(36,777)
Capital and reserves
Called up share capital
7
100
Profit and loss reserves
(36,877)
Total equity
(36,777)

The notes on pages 3 to 6 form part of these financial statements.

AUTRIX LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2023
30 November 2023
- 2 -

For the financial period ended 30 November 2023 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 period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 August 2024 and are signed on its behalf by:
Mr J M Daft
Mr W B Bone
Director
Director
Mr I P Shay
Director
Company registration number 14921937 (England and Wales)
AUTRIX LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 3 -
1
Accounting policies
Company information

Autrix Limited is a private company limited by shares incorporated in England and Wales. The registered office is 88 Hill Village Road, Sutton Coldfield, England, B75 5BE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The accounts are prepared on the going concern basis on the assumption that the company's creditors, in particular the company's shareholders continue to provide financial support to the company.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

 

 

1.4
Intangible fixed assets other than goodwill

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
10% straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% straight line
Computers
33% straight line
Motor vehicles
25% straight line
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

AUTRIX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2023
Number
Total
3
3
Intangible fixed assets
Other
£
Cost
At 7 June 2023
-
0
Additions
9,600
At 30 November 2023
9,600
Amortisation and impairment
At 7 June 2023 and 30 November 2023
-
0
Carrying amount
At 30 November 2023
9,600
AUTRIX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 7 June 2023
-
0
Additions
43,861
At 30 November 2023
43,861
Depreciation and impairment
At 7 June 2023
-
0
Depreciation charged in the period
3,407
At 30 November 2023
3,407
Carrying amount
At 30 November 2023
40,454
5
Debtors
2023
Amounts falling due within one year:
£
Trade debtors
1,701
Other debtors
4,266
5,967
6
Creditors: amounts falling due within one year
2023
£
Trade creditors
3,670
Taxation and social security
8,373
Other creditors
127,828
139,871

Included in other creditors is a loan of £90,000 from one of the company's shareholders which is secured on the assets of the company.

7
Called up share capital
2023
2023
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of 1p each
10,000
100
AUTRIX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2023
7
Called up share capital
(Continued)
- 6 -

During the period 10,000 Ordinary share of 1p were issued.

2023-11-302023-06-07false20 August 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr B W LeesMr J M DaftMr W B BoneMr I P Shayfalsefalse149219372023-06-072023-11-30149219372023-11-3014921937core:IntangibleAssetsOtherThanGoodwill2023-11-3014921937core:OtherPropertyPlantEquipment2023-11-3014921937core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3014921937core:CurrentFinancialInstruments2023-11-3014921937core:ShareCapital2023-11-3014921937core:RetainedEarningsAccumulatedLosses2023-11-3014921937bus:Director22023-06-072023-11-3014921937bus:Director32023-06-072023-11-3014921937bus:Director42023-06-072023-11-3014921937core:ComputerSoftware2023-06-072023-11-3014921937core:PlantMachinery2023-06-072023-11-3014921937core:ComputerEquipment2023-06-072023-11-3014921937core:MotorVehicles2023-06-072023-11-3014921937core:IntangibleAssetsOtherThanGoodwill2023-06-0614921937core:IntangibleAssetsOtherThanGoodwill2023-06-072023-11-3014921937core:OtherPropertyPlantEquipment2023-06-0614921937core:OtherPropertyPlantEquipment2023-06-072023-11-3014921937core:WithinOneYear2023-11-3014921937bus:PrivateLimitedCompanyLtd2023-06-072023-11-3014921937bus:SmallCompaniesRegimeForAccounts2023-06-072023-11-3014921937bus:FRS1022023-06-072023-11-3014921937bus:AuditExemptWithAccountantsReport2023-06-072023-11-3014921937bus:Director12023-06-072023-11-3014921937bus:FullAccounts2023-06-072023-11-30xbrli:purexbrli:sharesiso4217:GBP