Company Registration No. 8492895 (England and Wales)
MANSFIELD AUTOWORKS LIMITED
Unaudited accounts
for the year ended 30 April 2024
MANSFIELD AUTOWORKS LIMITED
Unaudited accounts
Contents
MANSFIELD AUTOWORKS LIMITED
Company Information
for the year ended 30 April 2024
Company Number
8492895 (England and Wales)
Registered Office
Unit 3
Oakwood Road
Mansfield
Nottinghamshire
NG18 3HQ
Accountants
BFS Accountants Ltd
Ransom Hall, Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
MANSFIELD AUTOWORKS LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
6,245
10,884
Cash at bank and in hand
10,620
5,339
Creditors: amounts falling due within one year
(37,537)
(34,784)
Net current liabilities
(13,208)
(16,289)
Net liabilities
(6,963)
(5,405)
Called up share capital
1
1
Profit and loss account
(6,964)
(5,406)
Shareholders' funds
(6,963)
(5,405)
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 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 23 January 2025 and were signed on its behalf by
Mr Neil Craske
Director
Company Registration No. 8492895
MANSFIELD AUTOWORKS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
MANSFIELD AUTOWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8492895. The registered office is Unit 3, Oakwood Road, Mansfield, Nottinghamshire, NG18 3HQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
25,499
700
26,199
At 30 April 2024
25,499
1,160
26,659
At 1 May 2023
14,615
700
15,315
Charge for the year
5,099
-
5,099
At 30 April 2024
19,714
700
20,414
At 30 April 2024
5,785
460
6,245
At 30 April 2023
10,884
-
10,884
Amounts falling due after more than one year
MANSFIELD AUTOWORKS LIMITED
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
11,433
16,660
Taxes and social security
96
219
Other creditors
13,342
14,544
Loans from directors
5,791
1,896
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).