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Company Registration No. 05631786 (England and Wales)
Autopanels North East Limited Unaudited accounts for the year ended 31 March 2025
Autopanels North East Limited Unaudited accounts Contents
Page
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Autopanels North East Limited Company Information for the year ended 31 March 2025
Director
I Kingsley
Company Number
05631786 (England and Wales)
Registered Office
Unit I Penshaw Way Birtley DH3 2SA United Kingdom
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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Autopanels North East Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,944 
9,887 
Tangible assets
19,404 
40,227 
24,348 
50,114 
Current assets
Inventories
225,244 
175,474 
Debtors
139,623 
115,128 
Cash at bank and in hand
155,298 
175,106 
520,165 
465,708 
Creditors: amounts falling due within one year
(188,630)
(188,424)
Net current assets
331,535 
277,284 
Total assets less current liabilities
355,883 
327,398 
Creditors: amounts falling due after more than one year
- 
(1,500)
Provisions for liabilities
Deferred tax
(9,695)
(9,695)
Net assets
346,188 
316,203 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
346,088 
316,103 
Shareholders' funds
346,188 
316,203 
For the year ending 31 March 2025 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 4 July 2025 and were signed on its behalf by
I Kingsley Director Company Registration No. 05631786
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Autopanels North East Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Autopanels North East Limited is a private company, limited by shares, registered in England and Wales, registration number 05631786. The registered office is Unit I, Penshaw Way, Birtley, DH3 2SA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15%
Motor vehicles
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
98,874 
At 31 March 2025
98,874 
Amortisation
At 1 April 2024
88,987 
Charge for the year
4,943 
At 31 March 2025
93,930 
Net book value
At 31 March 2025
4,944 
At 31 March 2024
9,887 
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Autopanels North East Limited Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
12,758 
98,473 
111,231 
Additions
- 
6,750 
6,750 
Disposals
- 
(32,548)
(32,548)
At 31 March 2025
12,758 
72,675 
85,433 
Depreciation
At 1 April 2024
11,783 
59,221 
71,004 
Charge for the year
- 
17,520 
17,520 
On disposals
- 
(22,495)
(22,495)
At 31 March 2025
11,783 
54,246 
66,029 
Net book value
At 31 March 2025
975 
18,429 
19,404 
At 31 March 2024
975 
39,252 
40,227 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
133,438 
110,543 
Other debtors
6,185 
4,585 
139,623 
115,128 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
1,499 
4,497 
Trade creditors
127,985 
121,110 
Taxes and social security
58,501 
62,049 
Other creditors
488 
610 
Loans from directors
157 
158 
188,630 
188,424 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
1,500 
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).
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