Company registration number 01166106 (England and Wales)
TOWER AUTO-SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
TOWER AUTO-SERVICES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
119,811
134,710
Current assets
51,207
7,427
Prepayments and accrued income
4,150
4,950
Creditors: amounts falling due within one year
(98,148)
(93,698)
Net current liabilities
(42,791)
(81,321)
Total assets less current liabilities
77,020
53,389
Creditors: amounts falling due after more than one year
(2,625)
(7,500)
Net assets
74,395
45,889
Capital and reserves
74,395
45,889
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
4
5
Tower Auto-Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 11, Rawfolds Mill, Bradford Road, CLECKHEATON, West Yorkshire, BD19 5LY.
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 17 February 2025
Mr I Mitchell
Director
Company Registration Number 01166106
TOWER AUTO-SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -
1
Tangible fixed assets
Land and buildings Freehold
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 January 2024
127,061
57,500
22,544
21,012
228,117
Additions
689
689
Disposals
(12,500)
(7,000)
(19,500)
At 31 December 2024
127,061
45,000
23,233
14,012
209,306
Depreciation and impairment
At 1 January 2024
23,655
36,643
16,285
16,825
93,408
Depreciation charged in the year
1,874
2,607
695
1,047
6,223
Eliminated in respect of disposals
(6,089)
(4,047)
(10,136)
At 31 December 2024
25,529
33,161
16,980
13,825
89,495
Carrying amount
At 31 December 2024
101,532
11,839
6,253
187
119,811
At 31 December 2023
103,407
20,856
6,260
4,187
134,710