Company Registration No. 03183164 (England and Wales)
Newbury Autos Limited
Unaudited accounts
for the year ended 30 April 2024
Newbury Autos Limited
Unaudited accounts
Contents
Newbury Autos Limited
Company Information
for the year ended 30 April 2024
Directors
David Russell
Jean Russell
Company Number
03183164 (England and Wales)
Registered Office
155 Chapel Street
Leigh
Lancashire
WN7 2AL
England
Accountants
UK Taxshops
155 Chapel Street
Leigh
Lancashire
WN7 2AL
Newbury Autos Limited
Statement of financial position
as at 30 April 2024
Tangible assets
3,491
4,563
Cash at bank and in hand
242,036
243,786
Creditors: amounts falling due within one year
(38,164)
(40,113)
Net current assets
285,035
293,314
Total assets less current liabilities
288,526
297,877
Creditors: amounts falling due after more than one year
(138,792)
(203,936)
Called up share capital
100
100
Profit and loss account
149,634
93,841
Shareholders' funds
149,734
93,941
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 directors acknowledge their 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 of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by
Jean Russell
Director
Company Registration No. 03183164
Newbury Autos Limited
Notes to the Accounts
for the year ended 30 April 2024
Newbury Autos Limited is a private company, limited by shares, registered in England and Wales, registration number 03183164. The registered office is 155 Chapel Street, Leigh, Lancashire, WN7 2AL, 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 in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing
Motor vehicles
25% reducing
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
51,357
20,866
72,223
At 30 April 2024
51,357
20,866
72,223
At 1 May 2023
49,986
17,674
67,660
Charge for the year
274
798
1,072
At 30 April 2024
50,260
18,472
68,732
At 30 April 2024
1,097
2,394
3,491
At 30 April 2023
1,371
3,192
4,563
Amounts falling due within one year
Trade debtors
76,963
85,066
Newbury Autos Limited
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,448
21,608
Taxes and social security
18,476
11,488
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
138,792
203,936
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Average number of employees
During the year the average number of employees was 3 (2023: 2).