Company Registration No. 11596601 (England and Wales)
Akshar Autoservices Ltd
Unaudited accounts
for the year ended 31 October 2024
Akshar Autoservices Ltd
Unaudited accounts
Contents
Akshar Autoservices Ltd
Company Information
for the year ended 31 October 2024
Company Number
11596601 (England and Wales)
Registered Office
37 Penrith Road
Leicester
Leicestershire
LE4 6NY
Akshar Autoservices Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
4,421
3,182
Cash at bank and in hand
12,990
38,549
Creditors: amounts falling due within one year
(5,090)
(32,923)
Net current assets
11,712
8,175
Called up share capital
100
100
Profit and loss account
16,033
11,257
Shareholders' funds
16,133
11,357
For the year ending 31 October 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 22 May 2025 and were signed on its behalf by
Mr Kush Patel
Director
Company Registration No. 11596601
Akshar Autoservices Ltd
Notes to the Accounts
for the year ended 31 October 2024
Akshar Autoservices Ltd is a private company, limited by shares, registered in England and Wales, registration number 11596601. The registered office is 37 Penrith Road, Leicester, Leicestershire, LE4 6NY.
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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:
Fixtures & fittings
15% Reduce Balance Method
Computer equipment
15 % Reduce Balance Method
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
2,220
3,647
5,867
At 31 October 2024
2,220
5,637
7,857
At 1 November 2023
1,235
1,450
2,685
Charge for the year
148
603
751
At 31 October 2024
1,383
2,053
3,436
At 31 October 2024
837
3,584
4,421
At 31 October 2023
985
2,197
3,182
Amounts falling due within one year
Accrued income and prepayments
3,312
2,199
Akshar Autoservices Ltd
Notes to the Accounts
for the year ended 31 October 2024
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,113
5,988
Loans from directors
2,190
22,353
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Average number of employees
During the year the average number of employees was 2 (2023: 1).