AUTONATIVE LTD

Company Registration Number:
09238407 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

AUTONATIVE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

AUTONATIVE LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 12,374 16,105
Investments: 4 398,255 456,405
Total fixed assets: 410,629 472,510
Current assets
Stocks: 0 0
Debtors:   773,542 2,610,248
Cash at bank and in hand: 1,098,179 45,524
Total current assets: 1,871,721 2,655,772
Creditors: amounts falling due within one year:   (517,336) (2,013,492)
Net current assets (liabilities): 1,354,385 642,280
Total assets less current liabilities: 1,765,014 1,114,790
Creditors: amounts falling due after more than one year: 5 (4,831,868) (4,519,869)
Provision for liabilities: 0 0
Total net assets (liabilities): (3,066,854) (3,405,079)
Capital and reserves
Called up share capital: 268 268
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (3,067,122) (3,405,347)
Shareholders funds: (3,066,854) (3,405,079)

The notes form part of these financial statements

AUTONATIVE LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2024
and signed on behalf of the board by:

Name: Callum Campbell
Status: Director

The notes form part of these financial statements

AUTONATIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AUTONATIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 35 60

AUTONATIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 32,942
Additions 8,020
Disposals (6,187)
At 31 December 2023 34,775
Depreciation
At 01 January 2023 16,837
Charge for year 9,174
On disposals (3,610)
At 31 December 2023 22,401
Net book value
At 31 December 2023 12,374
At 31 December 2022 16,105

AUTONATIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Investment in a private company for long term valuation increases. Investment cost as at 31st December 2023 is £398,255

AUTONATIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

Shareholder loan balance not due until 12 months after the signing of the financial statements