Company Registration No. 01121315 (England and Wales)
Halifax Autocars Limited
Unaudited accounts
for the year ended 31 October 2024
Halifax Autocars Limited
Unaudited accounts
Contents
Halifax Autocars Limited
Company Information
for the year ended 31 October 2024
Directors
K Knott
M Knott
A Knott
Company Number
01121315 (England and Wales)
Registered Office
Shay Lane
Ovenden
Halifax
HX3 6QU
Halifax Autocars Limited
Statement of financial position
as at 31 October 2024
Tangible assets
186,461
188,005
Cash at bank and in hand
6,839
58,800
Creditors: amounts falling due within one year
(54,760)
(70,142)
Net current assets
139,901
174,002
Total assets less current liabilities
326,362
362,007
Creditors: amounts falling due after more than one year
(5,717)
(16,525)
Provisions for liabilities
Net assets
320,645
314,154
Called up share capital
5,000
5,000
Revaluation reserve
126,383
126,383
Profit and loss account
189,262
182,771
Shareholders' funds
320,645
314,154
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 directors acknowledge their 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 of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by
A Knott
Director
Company Registration No. 01121315
Halifax Autocars Limited
Notes to the Accounts
for the year ended 31 October 2024
Halifax Autocars Limited is a private company, limited by shares, registered in England and Wales, registration number 01121315. The registered office is Shay Lane, Ovenden, Halifax, HX3 6QU.
2
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2023
180,000
33,406
213,406
At 31 October 2024
180,000
33,406
213,406
At 1 November 2023
-
25,401
25,401
Charge for the year
-
1,544
1,544
At 31 October 2024
-
26,945
26,945
At 31 October 2024
180,000
6,461
186,461
At 31 October 2023
180,000
8,005
188,005
Amounts falling due within one year
Trade debtors
18,119
15,641
Accrued income and prepayments
2,297
2,297
Other debtors
167,406
167,406
Halifax Autocars Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
1,093
(4,751)
Loans from directors
30,595
41,324
Deferred income
10,000
20,000
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).