2023-11-01 13658246 2024-10-31 13658246 2023-11-01 2024-10-31 13658246 2023-10-31 13658246 2022-11-01 2023-10-31 13658246 uk-core:WithinOneYear 2023-10-31 13658246 uk-core:WithinOneYear 2024-10-31 13658246 uk-core:ShareCapital 2024-10-31 13658246 uk-core:ShareCapital 2023-10-31 13658246 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 13658246 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 13658246 uk-bus:Director1 2023-11-01 2024-10-31 13658246 uk-core:PlantMachinery 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 13658246 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 13658246 uk-bus:FRS102 2023-11-01 2024-10-31 13658246 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 13658246 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
ADS West Automotive Ltd
Registered Number:13658246
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
ADS West Automotive Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
13658246
As at 31 October 2024
ADS West Automotive Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
11,984
14,980
2
11,984
14,980
Current assets
Inventories
500
500
3
Trade and other receivables
5,613
7,596
4
14,811
Cash and cash equivalents
5,853
13,949
20,924
Trade and other payables: amounts falling due within one
year
(26,138)
(24,482)
5
(5,214)
(10,533)
Net current liabilities
Total assets less current liabilities
1,451
9,766
1,451
Net assets
9,766
Capital and reserves
Called up share capital
100
100
Retained earnings
1,351
9,666
1,451
9,766
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Adrian Seavill Director
These financial statements were approved and authorised for issue by the Board on 27 May 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 October 2024
ADS West Automotive Ltd
Notes to the Financial Statements
Statutory Information
ADS West Automotive Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 13658246.
Registered address:
Unit 2 Cattle Market Business Park
Chew Road, Winford
Bristol
BS40 8HB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 November 2023
23,184
At 31 October 2024
23,184
Provision for depreciation and impairment
At 01 November 2023
8,204
Charge for year
2,996
At 31 October 2024
11,200
At 31 October 2024
Net book value
11,984
At 31 October 2023
14,980
2 of 4
5
For the year ended 31 October 2024
ADS West Automotive Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
500
500
4. Trade and other receivables
2023
2024
£
£
Trade debtors
5,929
3,946
Other debtors
1,667
1,667
5,613
7,596
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
4,845
4,818
Taxation and social security
782
1,825
Other creditors
18,855
19,495
24,482
26,138
6. Related party transactions
a. ADS Automotive Ltd
a company wholly owned by Mr G Honey, a Director, and Ms J Lewton, a former Director.
A loan from ADS Automotive Ltd subsisted during the current and prior year. The loan is interest-free and repayable
on demand.
The amount oustanding at the balance sheet date was £9,800 (2023: £18,500).
b. AJM Leisure South West Ltd
a company wholly owned by Mr A Seavill, a director.
During the year the company paid AJM Leisure South West Ltd £10,562 (2023: £8.950) for services supplied on an
arms length basis at market value.
The amount oustanding at the balance sheet date was £0 (2023: £0).
3 of 4
6
For the year ended 31 October 2024
ADS West Automotive Ltd
Notes to the Financial Statements Continued
7. Average number of persons employed
During the year the average number of employees, including Directors who received no remuneration, was 2 (2023 : 2)
4 of 4