1 April 2023 false Taxfiler 2024.6 03312743business:PrivateLimitedCompanyLtd2023-04-012024-03-31 033127432023-03-31 033127432023-04-012024-03-31 03312743business:AuditExemptWithAccountantsReport2023-04-012024-03-31 03312743business:FilletedAccounts2023-04-012024-03-31 033127432024-03-31 03312743business:Director12023-04-012024-03-31 03312743business:RegisteredOffice2023-04-012024-03-31 033127432023-03-31 03312743core:WithinOneYear2024-03-31 03312743core:WithinOneYear2023-03-31 03312743core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 03312743core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 03312743core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 03312743core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 03312743core:PreviouslyStatedAmount2024-03-31 03312743core:PreviouslyStatedAmount2023-03-31 03312743business:SmallEntities2023-04-012024-03-31 03312743countries:EnglandWales2023-04-012024-03-31 03312743core:PlantMachinery2023-03-31 03312743core:PlantMachinery2024-03-31 03312743business:OrdinaryShareClass12023-04-012024-03-31 03312743business:OrdinaryShareClass12022-04-012023-03-31 033127432022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03312743 (England and Wales)
Alistair Hillaby Triumph Motorcycle Specialist Limited Unaudited accounts for the year ended 31 March 2024
Alistair Hillaby Triumph Motorcycle Specialist Limited Unaudited accounts Contents
Page
- 2 -
Alistair Hillaby Triumph Motorcycle Specialist Limited Company Information for the year ended 31 March 2024
Director
AS Hillaby
Company Number
03312743 (England and Wales)
Registered Office
6 Kay Street Darwen Lancashire BB3 3BZ
Accountants
Latham Costa Limited 6 Barnfield Blackstone Edge Old Road Littleborough OL15 0JL
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Alistair Hillaby Triumph Motorcycle Specialist Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alistair Hillaby Triumph Motorcycle Specialist Limited for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Latham Costa Limited Chartered Accountants 6 Barnfield Blackstone Edge Old Road Littleborough OL15 0JL 29 August 2024
- 4 -
Alistair Hillaby Triumph Motorcycle Specialist Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8 
8 
Current assets
Inventories
91,250 
91,250 
Debtors
1,640 
3,825 
92,890 
95,075 
Creditors: amounts falling due within one year
(132,509)
(130,470)
Net current liabilities
(39,619)
(35,395)
Net liabilities
(39,611)
(35,387)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(39,613)
(35,389)
Shareholders' funds
(39,611)
(35,387)
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 director acknowledges his 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 and authorised for issue on 29 August 2024 and were signed on its behalf by
AS Hillaby Director Company Registration No. 03312743
- 5 -
Alistair Hillaby Triumph Motorcycle Specialist Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Alistair Hillaby Triumph Motorcycle Specialist Limited is a private company, limited by shares, registered in England and Wales, registration number 03312743. The registered office is 6 Kay Street, Darwen, Lancashire, BB3 3BZ.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are fully depreciated and are shown at the nominal net book value of £1 each.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.Cost includes all direct costs.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
8,960 
At 31 March 2024
8,960 
Depreciation
At 1 April 2023
8,952 
At 31 March 2024
8,952 
Net book value
At 31 March 2024
8 
At 31 March 2023
8 
- 6 -
Alistair Hillaby Triumph Motorcycle Specialist Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,350 
Accrued income and prepayments
1,640 
1,475 
1,640 
3,825 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,171 
12,953 
Trade creditors
- 
277 
Loans from directors
120,588 
116,190 
Accruals
750 
1,050 
132,509 
130,470 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -