TOM SMITH (PARTS) LIMITED

Company Registration Number:
04389299 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TOM SMITH (PARTS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

TOM SMITH (PARTS) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 45,000 47,500
Tangible assets: 4 6,396 7,796
Total fixed assets: 51,396 55,296
Current assets
Stocks: 120,153 116,653
Debtors:   253,151 166,106
Cash at bank and in hand: 204,546 424,899
Total current assets: 577,850 707,658
Creditors: amounts falling due within one year:   (216,802) (358,223)
Net current assets (liabilities): 361,048 349,435
Total assets less current liabilities: 412,444 404,731
Provision for liabilities: (1,326) (1,255)
Total net assets (liabilities): 411,118 403,476
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 411,114 403,472
Shareholders funds: 411,118 403,476

The notes form part of these financial statements

TOM SMITH (PARTS) LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 24 October 2024
and signed on behalf of the board by:

Name: Tom Smith
Status: Director

The notes form part of these financial statements

TOM SMITH (PARTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

TOM SMITH (PARTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

TOM SMITH (PARTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 100,000
At 31 March 2024 100,000
Amortisation
At 01 April 2023 52,500
Charge for year 2,500
At 31 March 2024 55,000
Net book value
At 31 March 2024 45,000
At 31 March 2023 47,500

TOM SMITH (PARTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 68,776
At 31 March 2024 68,776
Depreciation
At 01 April 2023 60,980
Charge for year 1,400
At 31 March 2024 62,380
Net book value
At 31 March 2024 6,396
At 31 March 2023 7,796