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REGISTERED NUMBER: 07771036 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Autotechnik (Leicester) Limited

Autotechnik (Leicester) Limited (Registered number: 07771036)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Autotechnik (Leicester) Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: W M Clark





REGISTERED OFFICE: 19 Warren Park Way
Enderby
Leicester
LE19 4SA





REGISTERED NUMBER: 07771036 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

Autotechnik (Leicester) Limited (Registered number: 07771036)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 108,470 558,103

CURRENT ASSETS
Stocks 393,667 361,750
Debtors 5 363,389 239,453
Cash at bank and in hand 131,722 134,542
888,778 735,745
CREDITORS
Amounts falling due within one year 6 195,033 200,779
NET CURRENT ASSETS 693,745 534,966
TOTAL ASSETS LESS CURRENT
LIABILITIES

802,215

1,093,069

CREDITORS
Amounts falling due after more than one
year

7

(9,536

)

(12,632

)

PROVISIONS FOR LIABILITIES (11,244 ) (13,195 )
NET ASSETS 781,435 1,067,242

CAPITAL AND RESERVES
Called up share capital 8 100 100
Distribution in specie (443,985 ) -
Retained earnings 1,225,320 1,067,142
SHAREHOLDERS' FUNDS 781,435 1,067,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Autotechnik (Leicester) Limited (Registered number: 07771036)

Balance Sheet - continued
28 February 2025


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 24 April 2025 and were signed by:





W M Clark - Director


Autotechnik (Leicester) Limited (Registered number: 07771036)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Autotechnik (Leicester) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 20% on reducing balance and 15% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Autotechnik (Leicester) Limited (Registered number: 07771036)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024 507,582 188,445 696,027
Additions 4,308 15,465 19,773
Reclassification/transfer (443,985 ) - (443,985 )
At 28 February 2025 67,905 203,910 271,815
DEPRECIATION
At 1 March 2024 17,146 120,778 137,924
Charge for year 9,936 15,485 25,421
At 28 February 2025 27,082 136,263 163,345
NET BOOK VALUE
At 28 February 2025 40,823 67,647 108,470
At 29 February 2024 490,436 67,667 558,103

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 13,699
At 28 February 2025 13,699
DEPRECIATION
Charge for year 1,142
At 28 February 2025 1,142
NET BOOK VALUE
At 28 February 2025 12,557

Autotechnik (Leicester) Limited (Registered number: 07771036)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 4,120 11,951
Other debtors 337,226 203,020
Directors' current accounts - 3,439
Prepayments 22,043 21,043
363,389 239,453

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 38,431 10,648
Hire purchase contracts 2,498 -
Trade creditors 66,461 94,038
Tax 66,692 43,784
Social security and other taxes 7,538 6,985
VAT 5,226 11,734
Other creditors 4,741 31,185
Directors' current accounts 861 -
Accrued expenses 2,585 2,405
195,033 200,779

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans - 2-5 years 2,450 12,632
Hire purchase contracts 7,086 -
9,536 12,632

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1.00 100 100