IRIS Accounts Production v24.3.2.46 01551643 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015516432023-04-30015516432024-04-30015516432023-05-012024-04-30015516432022-04-30015516432022-05-012023-04-30015516432023-04-3001551643ns15:EnglandWales2023-05-012024-04-3001551643ns14:PoundSterling2023-05-012024-04-3001551643ns10:Director12023-05-012024-04-3001551643ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3001551643ns10:SmallEntities2023-05-012024-04-3001551643ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3001551643ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3001551643ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3001551643ns10:FullAccounts2023-05-012024-04-3001551643ns10:RegisteredOffice2023-05-012024-04-3001551643ns5:CurrentFinancialInstruments2024-04-3001551643ns5:CurrentFinancialInstruments2023-04-3001551643ns5:Non-currentFinancialInstruments2024-04-3001551643ns5:Non-currentFinancialInstruments2023-04-3001551643ns5:ShareCapital2024-04-3001551643ns5:ShareCapital2023-04-3001551643ns5:RetainedEarningsAccumulatedLosses2024-04-3001551643ns5:RetainedEarningsAccumulatedLosses2023-04-3001551643ns5:LandBuildings2023-04-3001551643ns5:PlantMachinery2023-04-3001551643ns5:FurnitureFittings2023-04-3001551643ns5:LandBuildings2023-05-012024-04-3001551643ns5:PlantMachinery2023-05-012024-04-3001551643ns5:FurnitureFittings2023-05-012024-04-3001551643ns5:LandBuildings2024-04-3001551643ns5:PlantMachinery2024-04-3001551643ns5:FurnitureFittings2024-04-3001551643ns5:LandBuildings2023-04-3001551643ns5:PlantMachinery2023-04-3001551643ns5:FurnitureFittings2023-04-3001551643ns5:MotorVehicles2023-04-3001551643ns5:ComputerEquipment2023-04-3001551643ns5:MotorVehicles2023-05-012024-04-3001551643ns5:ComputerEquipment2023-05-012024-04-3001551643ns5:MotorVehicles2024-04-3001551643ns5:ComputerEquipment2024-04-3001551643ns5:MotorVehicles2023-04-3001551643ns5:ComputerEquipment2023-04-3001551643ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3001551643ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 01551643 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Autocolour Limited

Autocolour Limited (Registered number: 01551643)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Autocolour Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: D J Ward





REGISTERED OFFICE: Canons Industrial Estate
Station Road
Royal Wootton Bassett
Swindon
SN4 7SP





REGISTERED NUMBER: 01551643 (England and Wales)

Autocolour Limited (Registered number: 01551643)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 428,998 365,745

CURRENT ASSETS
Stocks 96,742 160,946
Debtors 5 138,120 71,574
Cash at bank and in hand 306,065 463,022
540,927 695,542
CREDITORS
Amounts falling due within one year 6 178,869 270,580
NET CURRENT ASSETS 362,058 424,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

791,056

790,707

CREDITORS
Amounts falling due after more than one
year

7

(1,929

)

(7,401

)

PROVISIONS FOR LIABILITIES (21,614 ) (11,878 )
NET ASSETS 767,513 771,428

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 767,413 771,328
767,513 771,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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

The financial statements were approved by the director and authorised for issue on 8 January 2025 and were signed by:





D J Ward - Director


Autocolour Limited (Registered number: 01551643)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Autocolour 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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 8 (2023 - 10 ) .

Autocolour Limited (Registered number: 01551643)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023 272,739 287,511 51,582
Additions - 72,666 -
Disposals - (18,941 ) -
At 30 April 2024 272,739 341,236 51,582
DEPRECIATION
At 1 May 2023 - 249,764 42,108
Charge for year - 7,515 2,234
Eliminated on disposal - (16,870 ) -
At 30 April 2024 - 240,409 44,342
NET BOOK VALUE
At 30 April 2024 272,739 100,827 7,240
At 30 April 2023 272,739 37,747 9,474

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 96,902 11,041 719,775
Additions 12,500 - 85,166
Disposals (37,680 ) - (56,621 )
At 30 April 2024 71,722 11,041 748,320
DEPRECIATION
At 1 May 2023 52,321 9,837 354,030
Charge for year 8,958 299 19,006
Eliminated on disposal (36,844 ) - (53,714 )
At 30 April 2024 24,435 10,136 319,322
NET BOOK VALUE
At 30 April 2024 47,287 905 428,998
At 30 April 2023 44,581 1,204 365,745

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 132,830 69,286
Prepayments and accrued income 5,290 2,288
138,120 71,574

Autocolour Limited (Registered number: 01551643)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,473 5,013
Trade creditors 69,322 76,087
Tax - 34,803
Social security and other taxes 6,829 8,257
VAT 18,458 34,783
Other creditors 113 1,139
Directors' current accounts 47,553 71,171
Accruals and deferred income 31,121 39,327
178,869 270,580

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,929 7,401