Registered number
06949063
THE AUTOCENTRE (DEWSBURY) LTD
Filleted Accounts
31 August 2024
THE AUTOCENTRE (DEWSBURY) LTD
Registered number: 06949063
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,475 11,073
Current assets
Stocks 9,920 7,250
Debtors 4 11,148 8,123
Cash at bank and in hand 39,487 19,679
60,555 35,052
Creditors: amounts falling due within one year 5 (48,843) (28,125)
Net current assets 11,712 6,927
Total assets less current liabilities 17,187 18,000
Creditors: amounts falling due after more than one year 6 - (3,862)
Net assets 17,187 14,138
Capital and reserves
Called up share capital 100 100
Profit and loss account 17,087 14,038
Shareholders' funds 17,187 14,138
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MOHAMMED ATIQ
Director
Approved by the board on 24 September 2024
THE AUTOCENTRE (DEWSBURY) LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Fixtures, fittings, tools and equipment over 10 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 7 6
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 61,763
Additions 643
At 31 August 2024 62,406
Depreciation
At 1 September 2023 50,690
Charge for the year 6,241
At 31 August 2024 56,931
Net book value
At 31 August 2024 5,475
At 31 August 2023 11,073
4 Debtors 2024 2023
£ £
Trade debtors 6,465 4,270
Other debtors 4,683 3,853
11,148 8,123
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 33,164 14,019
Corporation tax 4,001 4,732
Other creditors 11,678 9,374
48,843 28,125
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 3,862
7 Other information
THE AUTOCENTRE (DEWSBURY) LTD is a private company limited by shares and incorporated in England. Its registered office is:
299 HUDDERSFIELD ROAD
DEWSBURY
WF13 3RW
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