AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Company Registration Number:
04148347 (England and Wales)

Unaudited abridged accounts for the year ended 28 April 2024

Period of accounts

Start date: 29 April 2023

End date: 28 April 2024

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Contents of the Financial Statements

for the Period Ended 28 April 2024

Balance sheet
Notes

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Balance sheet

As at 28 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 120,847 141,454
Total fixed assets: 120,847 141,454
Current assets
Stocks: 50,000 35,000
Debtors:   162,338 138,870
Cash at bank and in hand:   14,708
Total current assets: 212,338 188,578
Creditors: amounts falling due within one year:   (206,632) (190,517)
Net current assets (liabilities): 5,706 (1,939)
Total assets less current liabilities: 126,553 139,515
Creditors: amounts falling due after more than one year:   (45,282) (61,383)
Total net assets (liabilities): 81,271 78,132
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 81,171 78,032
Shareholders funds: 81,271 78,132

The notes form part of these financial statements

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Balance sheet statements

For the year ending 28 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 April 2025
and signed on behalf of the board by:

Name: Julie O'Sullivan
Status: Director

The notes form part of these financial statements

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold Over 50 years Leasehold Over the lease term Plant & Machinery Over 5 years Motor Vehicles Over 5 years

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2024

2. Employees

2024 2023
Average number of employees during the period 12 16

AUTO MECHANICAL & GAILEY RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2024

3. Tangible Assets

Total
Cost £
At 29 April 2023 881,581
At 28 April 2024 881,581
Depreciation
At 29 April 2023 740,127
Charge for year 20,607
At 28 April 2024 760,734
Net book value
At 28 April 2024 120,847
At 28 April 2023 141,454