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Company Registration No. 04128993 (England and Wales)
WAS Autocentre Limited Unaudited accounts for the year ended 30 April 2024
WAS Autocentre Limited Unaudited accounts Contents
Page
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WAS Autocentre Limited Company Information for the year ended 30 April 2024
Director
John Peter Hans Luebke
Secretary
John Peter Hans Luebke
Company Number
04128993 (England and Wales)
Registered Office
W A S Autocentre Ltd 268 Bath Road Worcester Worcestershire WR5 3ES England
Accountants
Rose Accountancy Ltd Blooming Roses High Street Gloucester GL17 9ES
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WAS Autocentre Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,789 
49,856 
Current assets
Inventories
7,600 
7,600 
Debtors
229,775 
332,683 
Cash at bank and in hand
211,295 
83,845 
448,670 
424,128 
Creditors: amounts falling due within one year
(210,160)
(191,477)
Net current assets
238,510 
232,651 
Total assets less current liabilities
290,299 
282,507 
Provisions for liabilities
Deferred tax
(8,907)
(11,657)
Net assets
281,392 
270,850 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
281,192 
270,650 
Shareholders' funds
281,392 
270,850 
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 30 January 2025 and were signed on its behalf by
John Peter Hans Luebke Director Company Registration No. 04128993
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WAS Autocentre Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
WAS Autocentre Limited is a private company, limited by shares, registered in England and Wales, registration number 04128993. The registered office is W A S Autocentre Ltd, 268 Bath Road, Worcester, Worcestershire, WR5 3ES, 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:
Land & buildings
10% on reducing balance
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of fifteen years.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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WAS Autocentre Limited Notes to the Accounts for the year ended 30 April 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
150,000 
At 30 April 2024
150,000 
Amortisation
At 1 May 2023
150,000 
At 30 April 2024
150,000 
Net book value
At 30 April 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
41,230 
37,577 
31,379 
54,784 
12,116 
177,086 
Additions
- 
12,600 
13,715 
- 
- 
26,315 
Disposals
- 
- 
(15,229)
- 
- 
(15,229)
At 30 April 2024
41,230 
50,177 
29,865 
54,784 
12,116 
188,172 
Depreciation
At 1 May 2023
29,006 
28,318 
11,203 
47,058 
11,645 
127,230 
Charge for the year
1,222 
5,302 
5,044 
1,159 
471 
13,198 
On disposals
- 
- 
(4,045)
- 
- 
(4,045)
At 30 April 2024
30,228 
33,620 
12,202 
48,217 
12,116 
136,383 
Net book value
At 30 April 2024
11,002 
16,557 
17,663 
6,567 
- 
51,789 
At 30 April 2023
12,224 
9,259 
20,176 
7,726 
471 
49,856 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,730 
33,562 
Amounts due from group undertakings etc.
178,966 
294,104 
Accrued income and prepayments
3,079 
5,017 
229,775 
332,683 
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WAS Autocentre Limited Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
31,559 
18,316 
Obligations under finance leases and hire purchase contracts
- 
4,747 
Trade creditors
151,859 
120,297 
Taxes and social security
11,217 
19,064 
Other creditors
9,335 
8,787 
Loans from directors
2,090 
16,166 
Accruals
4,100 
4,100 
210,160 
191,477 
Secured debts - HSBC Bank PLC registered a fixed and floating charge over all business assets with the registrar on 22 April 2005.
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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