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REGISTERED NUMBER: 01854039 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Autovue Limited

Autovue Limited (Registered number: 01854039)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Autovue Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr B J Acton
Mr C B Acton
Mr R C Acton





SECRETARY: Mr C B Acton





REGISTERED OFFICE: Dernier Upham Street
Upham
Southampton
Hampshire
SO32 1JA





REGISTERED NUMBER: 01854039 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Autovue Limited (Registered number: 01854039)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,036 45,701
Investment property 5 317,248 317,248
363,284 362,949

CURRENT ASSETS
Stocks 6 1,090,984 524,280
Debtors 7 9,412 8,242
Cash at bank 954,725 1,523,706
2,055,121 2,056,228
CREDITORS
Amounts falling due within one year 8 27,745 34,870
NET CURRENT ASSETS 2,027,376 2,021,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,390,660

2,384,307

CAPITAL AND RESERVES
Called up share capital 550,100 550,100
Retained earnings 1,840,560 1,834,207
SHAREHOLDERS' FUNDS 2,390,660 2,384,307

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 directors acknowledge their 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.

Autovue Limited (Registered number: 01854039)

Balance Sheet - continued
30 April 2024


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 Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





Mr R C Acton - Director


Autovue Limited (Registered number: 01854039)

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

1. STATUTORY INFORMATION

Autovue 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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Autovue Limited (Registered number: 01854039)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 May 2023 45,300 523 785 46,608
Additions - 242 582 824
At 30 April 2024 45,300 765 1,367 47,432
DEPRECIATION
At 1 May 2023 - 303 604 907
Charge for year - 116 373 489
At 30 April 2024 - 419 977 1,396
NET BOOK VALUE
At 30 April 2024 45,300 346 390 46,036
At 30 April 2023 45,300 220 181 45,701

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 317,248
NET BOOK VALUE
At 30 April 2024 317,248
At 30 April 2023 317,248

6. STOCKS
30.4.24 30.4.23
£    £   
Work-in-progress 1,090,984 524,280

Autovue Limited (Registered number: 01854039)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 2,185 1,728
VAT - 699
Prepayments 7,227 5,815
9,412 8,242

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 214
Corporation tax 2,709 10,721
VAT 78 -
Other creditors 18,706 18,599
Accruals and deferred income 5,627 4,711
Accrued expenses 625 625
27,745 34,870

9. RELATED PARTY DISCLOSURES

The company was under the control of Mr B J & Mr C B & Mr R C Acton throughout the current and previous year. Mr B J Acton is the majority shareholder and a managing director.

During the year Mr R C Acton raised consultancy fees to the company of £53,840 (2023 : £45,700) which were fully paid.