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REGISTERED NUMBER: 09090149















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Alloywheels Manchester Limited

Alloywheels Manchester Limited (Registered number: 09090149)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alloywheels Manchester Limited

Company Information
for the Year Ended 31 October 2024







Directors: Mr M A Currums
Mr S E Jones





Registered office: Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND





Registered number: 09090149





Accountants: Allen Mills Howard & Co
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Alloywheels Manchester Limited (Registered number: 09090149)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 35,762 29,546

Current assets
Stocks 251,961 209,466
Debtors 5 495,177 416,806
Cash at bank and in hand 71,387 80,258
818,525 706,530
Creditors
Amounts falling due within one year 6 162,840 153,090
Net current assets 655,685 553,440
Total assets less current liabilities 691,447 582,986

Provisions for liabilities 5,284 4,006
Net assets 686,163 578,980

Capital and reserves
Called up share capital 7 100 100
Retained earnings 686,063 578,880
Shareholders' funds 686,163 578,980

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

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 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.

Alloywheels Manchester Limited (Registered number: 09090149)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Mr M A Currums - Director


Alloywheels Manchester Limited (Registered number: 09090149)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. Statutory information

Alloywheels Manchester Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on cost

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 Statement of Income and Retained Earnings, 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.

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.

Alloywheels Manchester Limited (Registered number: 09090149)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

4. Tangible fixed assets
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 November 2023 10,305 47,150 2,710 60,165
Additions - 19,150 - 19,150
At 31 October 2024 10,305 66,300 2,710 79,315
Depreciation
At 1 November 2023 6,573 22,170 1,876 30,619
Charge for year 1,545 11,032 357 12,934
At 31 October 2024 8,118 33,202 2,233 43,553
Net book value
At 31 October 2024 2,187 33,098 477 35,762
At 31 October 2023 3,732 24,980 834 29,546

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 296,884 320,128
Other debtors 198,293 96,678
495,177 416,806

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 49,823 78,227
Taxation and social security 108,617 70,676
Other creditors 4,400 4,187
162,840 153,090

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
60 Ordinary A £1 60 60
40 Ordinary B £1 40 40
100 100