Company Registration No. 13597855 (England and Wales)
AUTOBARN LONDON LTD
Unaudited accounts
for the year ended 30 September 2024
AUTOBARN LONDON LTD
Unaudited accounts
Contents
AUTOBARN LONDON LTD
Company Information
for the year ended 30 September 2024
Company Number
13597855 (England and Wales)
Registered Office
4 KENBURY DRIVE
SLOUGH
SL1 5FX
ENGLAND
AUTOBARN LONDON LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
8,964
12,299
Creditors: amounts falling due within one year
(42,761)
(46,948)
Net current assets
715
41,574
Total assets less current liabilities
3,428
41,822
Creditors: amounts falling due after more than one year
(165,396)
(219,806)
Net liabilities
(161,968)
(177,984)
Called up share capital
2
2
Profit and loss account
(161,970)
(177,986)
Shareholders' funds
(161,968)
(177,984)
For the year ending 30 September 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 December 2024 and were signed on its behalf by
Daud Aslam
Director
Company Registration No. 13597855
AUTOBARN LONDON LTD
Notes to the Accounts
for the year ended 30 September 2024
AUTOBARN LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 13597855. The registered office is 4 KENBURY DRIVE, SLOUGH, SL1 5FX, 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.
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
-
414
414
At 30 September 2024
3,184
414
3,598
At 1 October 2023
-
166
166
Charge for the year
636
83
719
At 30 September 2024
636
249
885
At 30 September 2024
2,548
165
2,713
At 30 September 2023
-
248
248
AUTOBARN LONDON LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,466
34,148
Other creditors
37,295
12,800
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
67,500
61,000
Loans from directors
97,896
158,806
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).