Company Registration No. 08151718 (England and Wales)
Autos In Motion Ltd
Unaudited accounts
for the year ended 31 July 2024
Autos In Motion Ltd
Unaudited accounts
Contents
Autos In Motion Ltd
Company Information
for the year ended 31 July 2024
Company Number
08151718 (England and Wales)
Registered Office
12 Woodville Rd
Spring View
Wigan
WN3 4PB
Autos In Motion Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
65,985
46,485
Cash at bank and in hand
7,119
29,396
Creditors: amounts falling due within one year
(58,494)
(51,962)
Net current liabilities
(34,003)
(4,182)
Called up share capital
100
100
Profit and loss account
31,882
42,203
Shareholders' funds
31,982
42,303
For the year ending 31 July 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 26 February 2025 and were signed on its behalf by
Andrew Jones
Director
Company Registration No. 08151718
Autos In Motion Ltd
Notes to the Accounts
for the year ended 31 July 2024
Autos In Motion Ltd is a private company, limited by shares, registered in England and Wales, registration number 08151718. The registered office is 12 Woodville Rd, Spring View, Wigan, WN3 4PB.
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 balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
42,982
71,552
114,534
At 31 July 2024
42,982
107,548
150,530
At 1 August 2023
38,870
29,179
68,049
Charge for the year
822
15,674
16,496
At 31 July 2024
39,692
44,853
84,545
At 31 July 2024
3,290
62,695
65,985
At 31 July 2023
4,112
42,373
46,485
Autos In Motion Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
10,877
17,865
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,153
12,397
Trade creditors
31,430
17,141
Taxes and social security
6,794
6,725
Loans from directors
6,212
13,779
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Average number of employees
During the year the average number of employees was 0 (2023: 0).