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REGISTERED NUMBER: 05710407 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

AUTOCRASH UK LIMITED

AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AUTOCRASH UK LIMITED

COMPANY INFORMATION
for the year ended 31 AUGUST 2024







DIRECTOR: N Richardson





SECRETARY: Thatcham Registrars Limited





REGISTERED OFFICE: 1 High Street
Thatcham
Berks
RG19 3JG





REGISTERED NUMBER: 05710407 (England and Wales)





ACCOUNTANTS: C B Heslop & Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 153,748 162,522
153,748 162,522

CURRENT ASSETS
Debtors 6 245,557 256,725
Cash at bank 830,812 735,531
1,076,369 992,256
CREDITORS
Amounts falling due within one year 7 657,643 672,808
NET CURRENT ASSETS 418,726 319,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

572,474

481,970

CREDITORS
Amounts falling due after more than one
year

8

(267,003

)

(267,003

)

PROVISIONS FOR LIABILITIES (21,586 ) (21,586 )
NET ASSETS 283,885 193,381

CAPITAL AND RESERVES
Called up share capital 9 20,000 20,000
Retained earnings 10 263,885 173,381
SHAREHOLDERS' FUNDS 283,885 193,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)

BALANCE SHEET - continued
31 AUGUST 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 28 May 2025 and were signed by:





N Richardson - Director


AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 AUGUST 2024

1. STATUTORY INFORMATION

Autocrash UK 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

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

AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 600,000
AMORTISATION
At 1 September 2023
and 31 August 2024 600,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 541,959 104,150 22,916 669,025
Additions 7,729 40,189 204 48,122
Disposals - (40,189 ) - (40,189 )
At 31 August 2024 549,688 104,150 23,120 676,958
DEPRECIATION
At 1 September 2023 414,546 75,224 16,733 506,503
Charge for year 8,457 6,973 1,277 16,707
At 31 August 2024 423,003 82,197 18,010 523,210
NET BOOK VALUE
At 31 August 2024 126,685 21,953 5,110 153,748
At 31 August 2023 127,413 28,926 6,183 162,522

6. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Trade debtors 34,750 45,918
Other debtors 3,647 3,647
38,397 49,565

AUTOCRASH UK LIMITED (REGISTERED NUMBER: 05710407)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 AUGUST 2024

6. DEBTORS - continued
31.8.24 31.8.23
£    £   
Amounts falling due after more than one year:
Other debtors 207,160 207,160

Aggregate amounts 245,557 256,725

The other debtor falling due after more than one year is a sum owed to the company by Catcoomb Developments Limited, a company controlled by the director.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 61,600 67,277
Taxation and social security 42,545 30,220
Other creditors 553,498 575,311
657,643 672,808

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other creditors 267,003 267,003

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
20,000 ordinary 1 20,000 20,000

10. RESERVES
Retained
earnings
£   

At 1 September 2023 173,381
Profit for the year 90,504
At 31 August 2024 263,885

11. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31 August 2024 or 31 August 2023

12. ULTIMATE CONTROLLING PARTY

The Director, Mr. N Richardson controls the company by virtue of a controlling interest of 100% of the issued share capital.