IRIS Accounts Production v24.3.0.553 07523497 Board of Directors Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075234972023-02-28075234972024-02-29075234972023-03-012024-02-29075234972022-02-28075234972022-03-012023-02-28075234972023-02-2807523497ns15:EnglandWales2023-03-012024-02-2907523497ns14:PoundSterling2023-03-012024-02-2907523497ns10:Director12023-03-012024-02-2907523497ns10:Director22023-03-012024-02-2907523497ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2907523497ns10:SmallEntities2023-03-012024-02-2907523497ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2907523497ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2907523497ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2907523497ns10:FullAccounts2023-03-012024-02-2907523497ns10:RegisteredOffice2023-03-012024-02-2907523497ns5:CurrentFinancialInstruments2024-02-2907523497ns5:CurrentFinancialInstruments2023-02-2807523497ns5:ShareCapital2024-02-2907523497ns5:ShareCapital2023-02-2807523497ns5:RetainedEarningsAccumulatedLosses2024-02-2907523497ns5:RetainedEarningsAccumulatedLosses2023-02-2807523497ns5:PlantMachinery2023-03-012024-02-2907523497ns5:MotorVehicles2023-03-012024-02-2907523497ns5:PlantMachinery2023-02-2807523497ns5:MotorVehicles2023-02-2807523497ns5:ComputerEquipment2023-02-2807523497ns5:ComputerEquipment2023-03-012024-02-2907523497ns5:PlantMachinery2024-02-2907523497ns5:MotorVehicles2024-02-2907523497ns5:ComputerEquipment2024-02-2907523497ns5:PlantMachinery2023-02-2807523497ns5:MotorVehicles2023-02-2807523497ns5:ComputerEquipment2023-02-2807523497ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2907523497ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2807523497ns5:WithinOneYear2024-02-2907523497ns5:WithinOneYear2023-02-2807523497ns5:BetweenOneFiveYears2024-02-2907523497ns5:BetweenOneFiveYears2023-02-2807523497ns5:AllPeriods2024-02-2907523497ns5:AllPeriods2023-02-28075234971ns10:Director12023-02-28075234971ns10:Director12022-02-28075234971ns10:Director12023-03-012024-02-29075234971ns10:Director12022-03-012023-02-28075234971ns10:Director12024-02-29075234971ns10:Director12023-02-2807523497ns10:Director222023-02-2807523497ns10:Director222022-02-2807523497ns10:Director222023-03-012024-02-2907523497ns10:Director222022-03-012023-02-2807523497ns10:Director222024-02-2907523497ns10:Director222023-02-28
REGISTERED NUMBER: 07523497 (England and Wales)

























Unaudited Financial Statements for the Year Ended 29 February 2024

for

Autobase (Bristol) Limited

Autobase (Bristol) Limited (Registered number: 07523497)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Autobase (Bristol) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: L Allen
S Allen





REGISTERED OFFICE: 127A California Road
Oldland Common
Bristol
BS30 9PQ





REGISTERED NUMBER: 07523497 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Autobase (Bristol) Limited (Registered number: 07523497)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,688 10,577

CURRENT ASSETS
Stocks 51,726 63,173
Debtors 5 32,259 27,104
Cash at bank and in hand 47,301 45,038
131,286 135,315
CREDITORS
Amounts falling due within one year 6 82,717 95,480
NET CURRENT ASSETS 48,569 39,835
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,257

50,412

PROVISIONS FOR LIABILITIES 1,532 1,832
NET ASSETS 55,725 48,580

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,625 48,480
SHAREHOLDERS' FUNDS 55,725 48,580

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 directors acknowledge their 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.

Autobase (Bristol) Limited (Registered number: 07523497)

Balance Sheet - continued
29 February 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 by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:




L Allen - Director



S Allen - Director


Autobase (Bristol) Limited (Registered number: 07523497)

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

1. STATUTORY INFORMATION

Autobase (Bristol) 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.

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 6 (2023 - 5 ) .

Autobase (Bristol) Limited (Registered number: 07523497)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 29,802 6,500 1,182 37,484
DEPRECIATION
At 1 March 2023 22,129 3,758 1,020 26,907
Charge for year 1,151 685 53 1,889
At 29 February 2024 23,280 4,443 1,073 28,796
NET BOOK VALUE
At 29 February 2024 6,522 2,057 109 8,688
At 28 February 2023 7,673 2,742 162 10,577

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 28,240 23,590
Other debtors 4,019 3,514
32,259 27,104

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 35,224 39,838
Taxation and social security 10,288 19,362
Other creditors 37,205 36,280
82,717 95,480

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 14,400 14,400
Between one and five years 28,800 28,800
43,200 43,200

Autobase (Bristol) Limited (Registered number: 07523497)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
L Allen
Balance outstanding at start of year - -
Amounts advanced 1,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,000 -

S Allen
Balance outstanding at start of year - -
Amounts advanced 1,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,000 -

9. RELATED PARTY DISCLOSURES

Within other creditors is a balance of £30,500 owed to John Allen a connected person to the directors.