IRIS Accounts Production v24.3.0.553 03929918 director 1.3.23 28.2.24 28.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039299182023-02-28039299182024-02-28039299182023-03-012024-02-28039299182022-02-28039299182022-03-012023-02-28039299182023-02-2803929918ns15:EnglandWales2023-03-012024-02-2803929918ns14:PoundSterling2023-03-012024-02-2803929918ns10:Director12023-03-012024-02-2803929918ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2803929918ns10:SmallEntities2023-03-012024-02-2803929918ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2803929918ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2803929918ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2803929918ns10:FullAccounts2023-03-012024-02-2803929918ns10:OrdinaryShareClass12023-03-012024-02-2803929918ns10:RegisteredOffice2023-03-012024-02-2803929918ns5:CurrentFinancialInstruments2024-02-2803929918ns5:CurrentFinancialInstruments2023-02-2803929918ns5:ShareCapital2024-02-2803929918ns5:ShareCapital2023-02-2803929918ns5:CapitalRedemptionReserve2024-02-2803929918ns5:CapitalRedemptionReserve2023-02-2803929918ns5:RetainedEarningsAccumulatedLosses2024-02-2803929918ns5:RetainedEarningsAccumulatedLosses2023-02-2803929918ns5:PlantMachinery2023-03-012024-02-2803929918ns5:MotorVehicles2023-03-012024-02-2803929918ns5:PlantMachinery2023-02-2803929918ns5:PlantMachinery2024-02-2803929918ns5:PlantMachinery2023-02-2803929918ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2803929918ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2803929918ns10:OrdinaryShareClass12024-02-28
REGISTERED NUMBER: 03929918 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Auto Sparks (Yorkshire) UK Limited

Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Auto Sparks (Yorkshire) UK Limited

Company Information
for the Year Ended 28 February 2024







DIRECTOR: Mr C M Haigh





REGISTERED OFFICE: 10 Robsons Drive
Huddersfield
West Yorkshire
HD5 9JW





REGISTERED NUMBER: 03929918 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)

Balance Sheet
28 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,374 5,792

CURRENT ASSETS
Stocks 4,500 4,500
Debtors 6 119,704 59,273
Cash at bank and in hand 929,497 774,054
1,053,701 837,827
CREDITORS
Amounts falling due within one year 7 146,248 91,050
NET CURRENT ASSETS 907,453 746,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

911,827

752,569

PROVISIONS FOR LIABILITIES 1,041 1,332
NET ASSETS 910,786 751,237

CAPITAL AND RESERVES
Called up share capital 8 1 1
Capital redemption reserve 1 1
Retained earnings 910,784 751,235
SHAREHOLDERS' FUNDS 910,786 751,237

Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)

Balance Sheet - continued
28 February 2024


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 October 2024 and were signed by:





Mr C M Haigh - Director


Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Auto Sparks (Yorkshire) UK 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in compliance with FRS 102, 'The Financial Standard Applicable in the UK and the Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.Turnover is recognised at the point of providing the goods and service.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance

All fixed assets are initially recorded at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

3. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 28 February 2024 58,295
DEPRECIATION
At 1 March 2023 52,503
Charge for year 1,418
At 28 February 2024 53,921
NET BOOK VALUE
At 28 February 2024 4,374
At 28 February 2023 5,792

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 116,220 55,800
Other debtors 3,484 3,473
119,704 59,273

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 25,303 28,198
Taxation and social security 86,554 39,159
Other creditors 34,391 23,693
146,248 91,050

Auto Sparks (Yorkshire) UK Limited (Registered number: 03929918)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1