IRIS Accounts Production v24.2.0.383 12955844 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129558442022-12-31129558442023-12-31129558442023-01-012023-12-31129558442021-12-31129558442022-01-012022-12-31129558442022-12-3112955844ns15:EnglandWales2023-01-012023-12-3112955844ns14:PoundSterling2023-01-012023-12-3112955844ns10:Director12023-01-012023-12-3112955844ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112955844ns10:SmallEntities2023-01-012023-12-3112955844ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112955844ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3112955844ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112955844ns10:FullAccounts2023-01-012023-12-311295584412023-01-012023-12-3112955844ns10:Director22023-01-012023-12-3112955844ns10:RegisteredOffice2023-01-012023-12-3112955844ns5:CurrentFinancialInstruments2023-12-3112955844ns5:CurrentFinancialInstruments2022-12-3112955844ns5:ShareCapital2023-12-3112955844ns5:ShareCapital2022-12-3112955844ns5:RetainedEarningsAccumulatedLosses2023-12-3112955844ns5:RetainedEarningsAccumulatedLosses2022-12-3112955844ns5:NetGoodwill2023-01-012023-12-3112955844ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3112955844ns5:PlantMachinery2023-01-012023-12-3112955844ns5:NetGoodwill2022-12-3112955844ns5:NetGoodwill2023-12-3112955844ns5:NetGoodwill2022-12-3112955844ns5:PlantMachinery2022-12-3112955844ns5:PlantMachinery2023-12-3112955844ns5:PlantMachinery2022-12-3112955844ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3112955844ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 12955844 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2023

for

AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED

AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED (REGISTERED NUMBER: 12955844)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED

Company Information
for the year ended 31 December 2023







DIRECTORS: Autonomous Investments Holdings Limited
J Palmer





REGISTERED OFFICE: 1 Skyline Park
Brislington
Bristol
BS4 5EN





REGISTERED NUMBER: 12955844 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED (REGISTERED NUMBER: 12955844)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,000 21,000
Tangible assets 5 740,413 878,367
754,413 899,367

CURRENT ASSETS
Debtors 6 623,341 313,416
Cash at bank 3,386 64,295
626,727 377,711
CREDITORS
Amounts falling due within one year 7 309,133 290,046
NET CURRENT ASSETS 317,594 87,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,072,007

987,032

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,071,007 986,032
1,072,007 987,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2024 and were signed on its behalf by:





J Palmer - Director


AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED (REGISTERED NUMBER: 12955844)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Autonomous Investments (Tangibles) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on cost and at varying rates on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

AUTONOMOUS INVESTMENTS (TANGIBLES)
LIMITED (REGISTERED NUMBER: 12955844)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 35,000
AMORTISATION
At 1 January 2023 14,000
Charge for year 7,000
At 31 December 2023 21,000
NET BOOK VALUE
At 31 December 2023 14,000
At 31 December 2022 21,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,133,891
Additions 2,889
At 31 December 2023 1,136,780
DEPRECIATION
At 1 January 2023 255,524
Charge for year 140,843
At 31 December 2023 396,367
NET BOOK VALUE
At 31 December 2023 740,413
At 31 December 2022 878,367

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 24,113 31,558
Amounts owed by group undertakings 335,774 281,858
Other debtors 263,454 -
623,341 313,416

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 100,646 151,212
Amounts owed to group undertakings 96,779 83,607
Taxation and social security 86,637 30,155
Other creditors 25,071 25,072
309,133 290,046