Company Registration No. 12110801 (England and Wales)
Fitzarthur Automotive Ltd
Unaudited filleted accounts
for the year ended 31 July 2024
Fitzarthur Automotive Ltd
Unaudited filleted accounts
Contents
Fitzarthur Automotive Ltd
Company Information
for the year ended 31 July 2024
Company Number
12110801 (England and Wales)
Registered Office
CB Motors
9 Hoop Lane
Golders Green
London
NW11 8JR
ENGLAND
Accountants
AKKS
174 Mill Lane
London
NW6 1TB
Fitzarthur Automotive Ltd
Statement of financial position
as at 31 July 2024
Intangible assets
21,698
58,298
Tangible assets
18,896
21,628
Cash at bank and in hand
51,690
46,491
Creditors: amounts falling due within one year
(136,024)
(165,305)
Net current liabilities
(36,717)
(71,855)
Total assets less current liabilities
3,877
8,071
Creditors: amounts falling due after more than one year
(8,333)
(28,333)
Net liabilities
(4,456)
(20,262)
Called up share capital
1
1
Profit and loss account
(4,457)
(20,263)
Shareholders' funds
(4,456)
(20,262)
For the year ending 31 July 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 13 February 2025 and were signed on its behalf by
Mark DRESSEKIE
Director
Company Registration No. 12110801
Fitzarthur Automotive Ltd
Notes to the Accounts
for the year ended 31 July 2024
Fitzarthur Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 12110801. The registered office is CB Motors, 9 Hoop Lane, Golders Green, London, NW11 8JR, 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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
36,600
Fitzarthur Automotive Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
13,491
15,500
7,825
1,165
37,981
Additions
4,235
-
-
-
4,235
At 31 July 2024
17,726
15,500
7,825
1,165
42,216
At 1 August 2023
5,089
5,167
5,175
922
16,353
Charge for the year
3,093
2,066
1,565
243
6,967
At 31 July 2024
8,182
7,233
6,740
1,165
23,320
At 31 July 2024
9,544
8,267
1,085
-
18,896
At 31 July 2023
8,402
10,333
2,650
243
21,628
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
43,000
43,000
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
-
Trade creditors
8,079
8,063
Taxes and social security
21,325
9,958
Loans from directors
63,256
115,229
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).