2023-04-01 04667959 2024-03-31 04667959 2023-04-01 2024-03-31 04667959 2023-03-31 04667959 2022-04-01 2023-03-31 04667959 uk-core:WithinOneYear 2023-03-31 04667959 uk-core:WithinOneYear 2024-03-31 04667959 uk-core:ShareCapital 2024-03-31 04667959 uk-core:ShareCapital 2023-03-31 04667959 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04667959 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 04667959 uk-bus:Director1 2023-04-01 2024-03-31 04667959 uk-core:NetGoodwill 2023-04-01 2024-03-31 04667959 uk-core:PlantMachinery 2023-04-01 2024-03-31 04667959 uk-core:MotorCars 2023-04-01 2024-03-31 04667959 uk-core:FurnitureFittings 2023-04-01 2024-03-31 04667959 uk-core:Goodwill 2023-03-31 04667959 uk-core:Goodwill 2024-03-31 04667959 uk-core:Goodwill 2023-04-01 2024-03-31 04667959 uk-core:FurnitureFittings 2023-03-31 04667959 uk-core:MotorCars 2023-03-31 04667959 uk-core:PlantMachinery 2023-03-31 04667959 uk-core:PlantMachinery 2024-03-31 04667959 uk-core:MotorCars 2024-03-31 04667959 uk-core:FurnitureFittings 2024-03-31 04667959 uk-core:WithinOneYear 2024-03-31 04667959 uk-core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure 04667959 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04667959 uk-bus:FRS102 2023-04-01 2024-03-31 04667959 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 04667959 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Fylde Auto Parts Limited
Registered Number:04667959
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Fylde Auto Parts Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04667959
As at 31 March 2024
Fylde Auto Parts Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
2,600
3,250
2
Property, plant and equipment
1,656
2,244
3
4,256
5,494
Current assets
Inventories
6,080
5,120
4
9,007
Cash and cash equivalents
5,036
10,156
15,087
Trade and other payables: amounts falling due within one
year
(15,921)
(11,726)
5
(834)
(1,570)
Net current liabilities
Total assets less current liabilities
2,686
4,660
2,686
Net assets
4,660
Capital and reserves
Called up share capital
100
100
Retained earnings
2,586
4,560
2,686
4,660
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
B Nuttall Director
These financial statements were approved and authorised for issue by the Board on 14 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Fylde Auto Parts Limited
Notes to the Financial Statements
Statutory Information
Fylde Auto Parts Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04667959.
Registered address:
93 Poulton Street
Kirkham
Preston
Lancashire
PR4 2AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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5
For the year ended 31 March 2024
Fylde Auto Parts Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
13,000
At 31 March 2024
13,000
Amortisation
At 01 April 2023
9,750
650
Charge for year
At 31 March 2024
10,400
Net book value
At 31 March 2024
2,600
At 31 March 2023
3,250
3. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2023
29,716
2,327
16,593
10,796
At 31 March 2024
10,796
16,593
2,327
29,716
Provision for depreciation and impairment
At 01 April 2023
27,472
1,968
14,793
10,711
Charge for year
588
53
450
85
At 31 March 2024
28,060
2,021
15,243
10,796
At 31 March 2024
Net book value
-
1,350
306
1,656
At 31 March 2023
85
1,800
359
2,244
4. Inventories
2023
2024
£
£
Stocks
5,120
6,080
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6
For the year ended 31 March 2024
Fylde Auto Parts Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
388
-
Taxation and social security
-
1,257
Other creditors
11,338
14,664
11,726
15,921
6. Average number of persons employed
During the year the average number of employees was 0
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