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REGISTERED NUMBER: 11415486 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

HAR AUTOMOBILE WORKS LIMITED

HAR AUTOMOBILE WORKS LIMITED (REGISTERED NUMBER: 11415486)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAR AUTOMOBILE WORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N S Kundi





SECRETARY: N S Kundi





REGISTERED OFFICE: 1st Floor
44 Queen Street
Wolverhampton
West Midlands
WV1 3BJ





REGISTERED NUMBER: 11415486 (England and Wales)





ACCOUNTANTS: SPS Accounting Ltd
1st Floor
44 Queen Street
Wolverhampton
West Midlands
WV1 3BJ

HAR AUTOMOBILE WORKS LIMITED (REGISTERED NUMBER: 11415486)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,227 18,969

CURRENT ASSETS
Stocks 5,830 3,820
Debtors 5 35,702 46,349
Prepayments and accrued income 913 737
Cash at bank 20,339 6,662
62,784 57,568
CREDITORS
Amounts falling due within one year 6 39,795 36,172
NET CURRENT ASSETS 22,989 21,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,216

40,365

CREDITORS
Amounts falling due after more than one
year

7

17,341

27,978
NET ASSETS 19,875 12,387

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,775 12,287
SHAREHOLDERS' FUNDS 19,875 12,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HAR AUTOMOBILE WORKS LIMITED (REGISTERED NUMBER: 11415486)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





N S Kundi - Director


HAR AUTOMOBILE WORKS LIMITED (REGISTERED NUMBER: 11415486)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

HAR AUTOMOBILE WORKS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Creditor protection trust
A contribution of £200,000 (2023 - £175,000) was made to a creditor protection trust during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

HAR AUTOMOBILE WORKS LIMITED (REGISTERED NUMBER: 11415486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 50,925
DEPRECIATION
At 1 July 2023 31,956
Charge for year 4,742
At 30 June 2024 36,698
NET BOOK VALUE
At 30 June 2024 14,227
At 30 June 2023 18,969

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 35,702 46,349

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 21,143 18,343
Taxation and social security 16,152 9,016
Other creditors 2,500 8,813
39,795 36,172

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 17,341 27,978