Company Registration No. 11885447 (England and Wales)
AUTOLOGIC ASSET MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 March 2024
AUTOLOGIC ASSET MANAGEMENT LIMITED
Unaudited accounts
Contents
AUTOLOGIC ASSET MANAGEMENT LIMITED
Company Information
for the year ended 31 March 2024
Director
MOHAMMED IQBAL MALIK
Company Number
11885447 (England and Wales)
Registered Office
123 CAVENDISH GARDENS
BARKING
IG11 9DX
ENGLAND
AUTOLOGIC ASSET MANAGEMENT LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
63,284
77,175
Cash at bank and in hand
2,158
1,383
Creditors: amounts falling due within one year
(5,796)
5,003
Net current assets
22,208
34,696
Total assets less current liabilities
85,492
111,871
Creditors: amounts falling due after more than one year
(119,428)
(130,749)
Net liabilities
(33,936)
(18,878)
Profit and loss account
(33,936)
(18,878)
Shareholders' funds
(33,936)
(18,878)
For the year ending 31 March 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 20 March 2025 and were signed on its behalf by
MOHAMMED IQBAL MALIK
Director
Company Registration No. 11885447
AUTOLOGIC ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
AUTOLOGIC ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11885447. The registered office is 123 CAVENDISH GARDENS, BARKING, IG11 9DX, 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:
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Tangible fixed assets
Motor vehicles
Charge for the year
13,891
Amounts falling due within one year
Trade debtors
25,846
28,310
AUTOLOGIC ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(201)
(201)
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
80,416
84,302
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).