1 April 2023 false Taxfiler 2024.6 03898305business:PrivateLimitedCompanyLtd2023-04-012024-03-31 038983052023-03-31 038983052023-04-012024-03-31 03898305business:AuditExemptWithAccountantsReport2023-04-012024-03-31 03898305business:FilletedAccounts2023-04-012024-03-31 038983052024-03-31 03898305business:Director22023-04-012024-03-31 03898305business:Director32023-04-012024-03-31 03898305business:Director42023-04-012024-03-31 03898305business:Director52023-04-012024-03-31 03898305business:RegisteredOffice2023-04-012024-03-31 038983052023-03-31 03898305core:WithinOneYear2024-03-31 03898305core:WithinOneYear2023-03-31 03898305core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 03898305core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 03898305core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 03898305core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 03898305core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 03898305core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 03898305core:PreviouslyStatedAmount2024-03-31 03898305core:PreviouslyStatedAmount2023-03-31 03898305business:SmallEntities2023-04-012024-03-31 03898305countries:EnglandWales2023-04-012024-03-31 03898305core:PlantMachinery2023-04-012024-03-31 03898305core:MotorVehicles2023-04-012024-03-31 03898305core:FurnitureFittings2023-04-012024-03-31 03898305core:ComputerEquipment2023-04-012024-03-31 03898305core:PlantMachinery2023-03-31 03898305core:MotorVehicles2023-03-31 03898305core:FurnitureFittings2023-03-31 03898305core:ComputerEquipment2023-03-31 03898305core:PlantMachinery2024-03-31 03898305core:MotorVehicles2024-03-31 03898305core:FurnitureFittings2024-03-31 03898305core:ComputerEquipment2024-03-31 038983052022-09-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 03898305 (England and Wales)
SUSSEX AUTO SERVICES LIMITED Unaudited accounts for the year ended 31 March 2024
SUSSEX AUTO SERVICES LIMITED Unaudited accounts Contents
Page
- 2 -
SUSSEX AUTO SERVICES LIMITED Company Information for the year ended 31 March 2024
Directors
Matthew John Hyne Christopher Paul Brawn Robert Anthony Clare Alan Stephen Gadd
Company Number
03898305 (England and Wales)
Registered Office
Units 42-44 Station Road Industrial Estate Hailsham BN27 2EY
Accountants
Angela MacCarthy Limited T A On The Spot 7 Chalfont Drive Hove East Sussex BN3 6QR
- 3 -
SUSSEX AUTO SERVICES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,908 
12,450 
Current assets
Inventories
18,700 
18,700 
Debtors
31,884 
52,265 
Cash at bank and in hand
224,564 
210,990 
275,148 
281,955 
Creditors: amounts falling due within one year
(280,155)
(151,088)
Net current (liabilities)/assets
(5,007)
130,867 
Net assets
10,901 
143,317 
Capital and reserves
Called up share capital
403 
403 
Share premium
7,066 
7,066 
Profit and loss account
3,432 
135,848 
Shareholders' funds
10,901 
143,317 
For the year ending 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by
Robert Anthony Clare Director Company Registration No. 03898305
- 4 -
SUSSEX AUTO SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SUSSEX AUTO SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03898305. The registered office is Units 42-44, Station Road Industrial Estate, Hailsham, BN27 2EY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Revenue
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Tangible assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
20% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
10% per annum reducing balance
Computer equipment
33% per annum straight line
Stocks
Stocks have been valued at the lower of cost and estimated selling price.
Operating Lease Commitments
At the balance sheet date, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £110,700 (2023: £147,600).
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 the profit and loss account in the period to which they relate.
- 5 -
SUSSEX AUTO SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
38,021 
9,497 
38,757 
7,303 
93,578 
Additions
5,500 
1,200 
- 
- 
6,700 
At 31 March 2024
43,521 
10,697 
38,757 
7,303 
100,278 
Depreciation
At 1 April 2023
31,806 
9,201 
33,698 
6,423 
81,128 
Charge for the year
1,521 
289 
552 
880 
3,242 
At 31 March 2024
33,327 
9,490 
34,250 
7,303 
84,370 
Net book value
At 31 March 2024
10,194 
1,207 
4,507 
- 
15,908 
At 31 March 2023
6,215 
296 
5,059 
880 
12,450 
5
Inventories
2024 
2023 
£ 
£ 
Raw materials
18,700 
18,700 
18,700 
18,700 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,679 
31,296 
Accrued income and prepayments
23,205 
20,969 
31,884 
52,265 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,148 
1,566 
VAT
14,119 
27,913 
Trade creditors
105,188 
70,884 
Amounts owed to group undertakings and other participating interests
138,957 
- 
Taxes and social security
13,963 
28,112 
Other creditors
1,348 
1,194 
Loans from directors
1,247 
15,872 
Accruals
3,185 
5,547 
280,155 
151,088 
8
Transactions with related parties
The transactions with the director and shareholder have not been conducted under normal market conditions. A balance of £1,247 is owed to the director at the year end. No interest is being charged by the director.
- 6 -
SUSSEX AUTO SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 10 (2023: 8).
- 7 -