Southwell Autocentre Limited 04591994 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is motor repairs Digita Accounts Production Advanced 6.30.9574.0 true 04591994 2023-06-01 2024-05-31 04591994 2024-05-31 04591994 bus:Director1 1 2024-05-31 04591994 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 04591994 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 04591994 bus:Micro-entities 2023-06-01 2024-05-31 04591994 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 04591994 bus:FilletedAccounts 2023-06-01 2024-05-31 04591994 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04591994 bus:RegisteredOffice 2023-06-01 2024-05-31 04591994 bus:Director1 2023-06-01 2024-05-31 04591994 bus:Director1 1 2023-06-01 2024-05-31 04591994 bus:Director2 2023-06-01 2024-05-31 04591994 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04591994 countries:England 2023-06-01 2024-05-31 04591994 bus:Director1 1 2023-05-31 04591994 2022-06-01 2023-05-31 04591994 2023-05-31 04591994 bus:Director1 1 2023-05-31 04591994 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 04591994 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 04591994 bus:Director1 1 2022-06-01 2023-05-31 04591994 bus:Director1 1 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 04591994

Southwell Autocentre Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Southwell Autocentre Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Southwell Autocentre Limited

Company Information

Directors

Mr Gerald Anthony Asquith

Mrs Julie Asquith

Registered office

Ivy House
Main Street
Burton Joyce
Nottingham
Nottinghamshire
NG14 5ED

Accountants

Atkinson Evans Limited
Chartered Certified Accountants
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
Nottinghamshire
NG5 6LJ

 

Southwell Autocentre Limited

(Registration number: 04591994)
Balance Sheet as at 31 May 2024

2024
£

2023
£

Fixed assets

206,455

216,276

Current assets

713,403

683,338

Prepayments and accrued income

9,889

9,269

Creditors: Amounts falling due within one year

(148,752)

(105,171)

Net current assets

574,540

587,436

Total assets less current liabilities

780,995

803,712

Creditors: Amounts falling due after more than one year

(97,343)

(116,069)

Accruals and deferred income

(3,136)

(3,236)

 

680,516

684,407

Capital and reserves

680,516

684,407

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ivy House
Main Street
Burton Joyce
Nottingham
Nottinghamshire
NG14 5ED

These financial statements were authorised for issue by the Board on 5 February 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2023 - 7).

 

Southwell Autocentre Limited

(Registration number: 04591994)
Balance Sheet as at 31 May 2024

3

Related party transactions

Interest has been charged on the average loan balance at the official rate.

Transactions with directors

2024

At 1 June 2023
£

At 31 May 2024
£

Mr Gerald Anthony Asquith

Loan

71,000

69,000

2023

At 1 June 2022
£

At 31 May 2023
£

Mr Gerald Anthony Asquith

Loan

-

71,000

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 February 2025 and signed on its behalf by:
 

.........................................
Mr Gerald Anthony Asquith
Director