| REGISTERED NUMBER: |
| A & D 4x4 Limited |
| Unaudited Financial Statements for the Year Ended 30 September 2024 |
| REGISTERED NUMBER: |
| A & D 4x4 Limited |
| Unaudited Financial Statements for the Year Ended 30 September 2024 |
| A & D 4x4 Limited (Registered number: 04064328) |
| Contents of the Financial Statements |
| for the year ended 30 September 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| A & D 4x4 Limited |
| Company Information |
| for the year ended 30 September 2024 |
| DIRECTORS: |
| SECRETARIES: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants and Business Advisers |
| One New Street |
| Wells |
| Somerset |
| BA5 2LA |
| A & D 4x4 Limited (Registered number: 04064328) |
| Balance Sheet |
| 30 September 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Capital redemption reserve |
| Retained earnings |
| 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. |
| A & D 4x4 Limited (Registered number: 04064328) |
| Balance Sheet - continued |
| 30 September 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| A & D 4x4 Limited (Registered number: 04064328) |
| Notes to the Financial Statements |
| for the year ended 30 September 2024 |
| 1. | STATUTORY INFORMATION |
| A & D 4x4 Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| In accordance with FRS 102, turnover is recognised when the significant risks and rewards of ownership have transferred to the customer, and the amount of turnover can be reliably measured. Turnover comprises the total of the sale value of goods and services provided by the company during the period, and is analysed as follows: |
| Vehicle Sales: Turnover from the sale of vehicles is recognised upon delivery, when the risks and rewards of ownership have passed to the customer, and the sale price is agreed and collectible. This includes new and used vehicles sold during the period. |
| Vehicle Services: Turnover from vehicle services, including maintenance and servicing activities, is recognised when the service is completed and invoiced. The turnover is based on the amount charged to the customer for the service provided. |
| Vehicle Repairs: Turnover from vehicle repairs is recognised when the repair is completed and invoiced. This includes all repair work done on vehicles during the period. |
| Vehicle Hire: Turnover from vehicle hire is recognised on a time-apportioned basis over the rental period. The hire turnover is based on the fees charged for the use of the vehicles during the period of hire. |
| Tangible fixed assets |
| Freehold property | - |
| Short leasehold | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| A & D 4x4 Limited (Registered number: 04064328) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Short | Plant and | Motor |
| property | leasehold | machinery | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 October 2023 |
| Additions |
| At 30 September 2024 |
| DEPRECIATION |
| At 1 October 2023 |
| Charge for year |
| At 30 September 2024 |
| NET BOOK VALUE |
| At 30 September 2024 |
| At 30 September 2023 |
| A & D 4x4 Limited (Registered number: 04064328) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts | 25,239 | 36,341 |
| A & D 4x4 Limited (Registered number: 04064328) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2024 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, | allotted and fully paid : |
| Number: | Class: | Nominal | 2024 | 2023 |
| Value | £ p | £ p |
| 97 | Ordinary | £0.01 | 0.97 | - |
| 1 | Ordinary A | £0.01 | 0.01 | - |
| 1 | Ordinary B | £0.01 | 0.01 | - |
| 1 | Ordinary C | £0.01 | 0.01 | - |
| 1 | Ordinary | £1.00 | - | 1.00 |
| 1.00 | 1.00 |
| On 6 December 2023, 1 Ordinary share of £1.00 each were reclassified as 97 Ordinary shares of £0.01 each, 1 Ordinary A share of £0.01, 1 Ordinary B share of £0.01 and 1 Ordinary C share of £0.01. |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023: |
| 2024 | 2023 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |