IRIS Accounts Production v24.3.0.553 08367403 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083674032023-01-31083674032024-01-31083674032023-02-012024-01-31083674032022-01-31083674032022-02-012023-01-31083674032023-01-3108367403ns15:EnglandWales2023-02-012024-01-3108367403ns14:PoundSterling2023-02-012024-01-3108367403ns10:Director12023-02-012024-01-3108367403ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108367403ns10:SmallEntities2023-02-012024-01-3108367403ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3108367403ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108367403ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108367403ns10:FullAccounts2023-02-012024-01-3108367403ns10:OrdinaryShareClass12023-02-012024-01-3108367403ns10:RegisteredOffice2023-02-012024-01-3108367403ns5:CurrentFinancialInstruments2024-01-3108367403ns5:CurrentFinancialInstruments2023-01-3108367403ns5:Non-currentFinancialInstruments2024-01-3108367403ns5:Non-currentFinancialInstruments2023-01-3108367403ns5:ShareCapital2024-01-3108367403ns5:ShareCapital2023-01-3108367403ns5:RetainedEarningsAccumulatedLosses2024-01-3108367403ns5:RetainedEarningsAccumulatedLosses2023-01-3108367403ns5:PlantMachinery2023-02-012024-01-3108367403ns5:MotorVehicles2023-02-012024-01-3108367403ns5:PlantMachinery2023-01-3108367403ns5:PlantMachinery2024-01-3108367403ns5:PlantMachinery2023-01-3108367403ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3108367403ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3108367403ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3108367403ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-3108367403ns10:OrdinaryShareClass12024-01-3108367403ns5:RetainedEarningsAccumulatedLosses2023-01-3108367403ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31083674031ns10:Director12023-01-31083674031ns10:Director12022-01-31083674031ns10:Director12023-02-012024-01-31083674031ns10:Director12022-02-012023-01-31083674031ns10:Director12024-01-31083674031ns10:Director12023-01-31
REGISTERED NUMBER: 08367403 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st January 2024

for

The Autoboss Swindon Limited

The Autoboss Swindon Limited (Registered number: 08367403)






Contents of the Financial Statements
For The Year Ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

The Autoboss Swindon Limited

Company Information
For The Year Ended 31st January 2024







DIRECTOR: D Martin





REGISTERED OFFICE: Unit 2a
Station Road
Swindon
Wiltshire
SN1 2BD





REGISTERED NUMBER: 08367403 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

The Autoboss Swindon Limited (Registered number: 08367403)

Balance Sheet
31st January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,208 17,422

CURRENT ASSETS
Stocks 5 15,750 20,250
Debtors 6 17,966 993
Cash at bank - 9,589
33,716 30,832
CREDITORS
Amounts falling due within one year 7 24,522 21,347
NET CURRENT ASSETS 9,194 9,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,402

26,907

CREDITORS
Amounts falling due after more than one
year

8

23,333

33,333
NET ASSETS/(LIABILITIES) 69 (6,426 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 68 (6,427 )
SHAREHOLDERS' FUNDS 69 (6,426 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 Autoboss Swindon Limited (Registered number: 08367403)

Balance Sheet - continued
31st January 2024


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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 14th March 2024 and were signed by:





D Martin - Director


The Autoboss Swindon Limited (Registered number: 08367403)

Notes to the Financial Statements
For The Year Ended 31st January 2024

1. STATUTORY INFORMATION

The Autoboss Swindon 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.

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

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 Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

The Autoboss Swindon Limited (Registered number: 08367403)

Notes to the Financial Statements - continued
For The Year Ended 31st January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2023 79,273
Additions 663
At 31st January 2024 79,936
DEPRECIATION
At 1st February 2023 61,851
Charge for year 3,877
At 31st January 2024 65,728
NET BOOK VALUE
At 31st January 2024 14,208
At 31st January 2023 17,422

5. STOCKS
31.1.24 31.1.23
£    £   
Stocks 15,750 20,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 1,320 993
Directors' current accounts 16,646 -
17,966 993

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 8,335 -
Trade creditors 5,381 9,627
Tax 3,799 6,076
VAT 3,810 2,943
Directors' current accounts - 73
Accrued expenses 3,197 2,628
24,522 21,347

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans more 5 yr by instal 23,333 33,333

The Autoboss Swindon Limited (Registered number: 08367403)

Notes to the Financial Statements - continued
For The Year Ended 31st January 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.24 31.1.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 23,333 33,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1st February 2023 (6,427 )
Profit for the year 9,995
Dividends (3,500 )
At 31st January 2024 68

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2024 and 31st January 2023:

31.1.24 31.1.23
£    £   
D Martin
Balance outstanding at start of year - -
Amounts advanced 16,720 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,720 -

12. ULTIMATE CONTROLLING PARTY

The controlling party is D Martin.

The Autoboss Swindon Limited

Report of the Accountants to the Director of
The Autoboss Swindon Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st January 2024 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


14th March 2024