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Company Registration No. 14076089 (England and Wales)
APPROVED ENGINES LTD Unaudited accounts for the year ended 30 April 2024
APPROVED ENGINES LTD Unaudited accounts Contents
Page
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APPROVED ENGINES LTD Company Information for the year ended 30 April 2024
Directors
D Baker Adam Culwick Alexander Jackson
Company Number
14076089 (England and Wales)
Registered Office
Unit 2, Inca Business Park Melford Road Acton,Sudbury C0100BB England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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APPROVED ENGINES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
165,226 
15,453 
Current assets
Inventories
125,300 
- 
Debtors
1,000 
- 
Cash at bank and in hand
110,809 
79,662 
237,109 
79,662 
Creditors: amounts falling due within one year
(203,367)
(73,942)
Net current assets
33,742 
5,720 
Total assets less current liabilities
198,968 
21,173 
Creditors: amounts falling due after more than one year
(25,103)
- 
Net assets
173,865 
21,173 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
173,863 
21,171 
Shareholders' funds
173,865 
21,173 
For the year ending 30 April 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 10 January 2025 and were signed on its behalf by
D Baker Director Company Registration No. 14076089
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APPROVED ENGINES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
APPROVED ENGINES LTD is a private company, limited by shares, registered in England and Wales, registration number 14076089. The registered office is Unit 2, Inca Business Park Melford Road, Acton,Sudbury, C0100BB, England.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
- 
- 
20,605 
20,605 
Additions
17,400 
109,963 
59,432 
186,795 
At 30 April 2024
17,400 
109,963 
80,037 
207,400 
Depreciation
At 1 May 2023
- 
- 
5,152 
5,152 
Charge for the year
4,350 
17,021 
15,651 
37,022 
At 30 April 2024
4,350 
17,021 
20,803 
42,174 
Net book value
At 30 April 2024
13,050 
92,942 
59,234 
165,226 
At 30 April 2023
- 
- 
15,453 
15,453 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,000 
- 
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APPROVED ENGINES LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
58,964 
- 
VAT
30,538 
1,772 
Obligations under finance leases and hire purchase contracts
11,067 
- 
Taxes and social security
19,294 
12,534 
Other creditors
- 
57,358 
Loans from directors
82,839 
- 
Accruals
665 
2,278 
203,367 
73,942 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
25,103 
- 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D Baker
Director Loan Account
- 
(153,248)
(70,409)
(82,839)
- 
(153,248)
(70,409)
(82,839)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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