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REGISTERED NUMBER: 07164272 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Autograph Vehicle Solutions Ltd

Autograph Vehicle Solutions Ltd (Registered number: 07164272)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Autograph Vehicle Solutions Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: N Hussain





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 07164272 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Autograph Vehicle Solutions Ltd (Registered number: 07164272)

Abridged Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154,528 186,450

CURRENT ASSETS
Debtors 120,365 88,711
Cash at bank 358 604
120,723 89,315
CREDITORS
Amounts falling due within one year 248,730 252,663
NET CURRENT LIABILITIES (128,007 ) (163,348 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,521

23,102

CREDITORS
Amounts falling due after more than one
year

23,289

-
NET ASSETS 3,232 23,102

CAPITAL AND RESERVES
Called up share capital 5 200 200
Retained earnings 3,032 22,902
SHAREHOLDERS' FUNDS 3,232 23,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

Autograph Vehicle Solutions Ltd (Registered number: 07164272)

Abridged Balance Sheet - continued
29 February 2024



The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





N Hussain - Director


Autograph Vehicle Solutions Ltd (Registered number: 07164272)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Autograph Vehicle Solutions Ltd 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 currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on the going concern basis, as the director is confident of future profitable trading.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Office equipment - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Autograph Vehicle Solutions Ltd (Registered number: 07164272)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 318,333
Additions 47,521
Disposals (55,875 )
At 29 February 2024 309,979
DEPRECIATION
At 1 March 2023 131,883
Charge for year 51,156
Eliminated on disposal (27,588 )
At 29 February 2024 155,451
NET BOOK VALUE
At 29 February 2024 154,528
At 28 February 2023 186,450

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 March 2023 313,571
Additions 46,980
Disposals (55,875 )
At 29 February 2024 304,676
DEPRECIATION
At 1 March 2023 128,251
Charge for year 51,003
Eliminated on disposal (27,588 )
At 29 February 2024 151,666
NET BOOK VALUE
At 29 February 2024 153,010
At 28 February 2023 185,320

Autograph Vehicle Solutions Ltd (Registered number: 07164272)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200