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Company Registration No. 15559623 (England and Wales)
Pitstop Auto Factors Ltd Unaudited accounts for the period from 13 March 2024 to 30 April 2025
Pitstop Auto Factors Ltd Unaudited accounts Contents
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Pitstop Auto Factors Ltd Company Information for the period from 13 March 2024 to 30 April 2025
Directors
David Keith Way Maria Eileen Way
Secretary
Trevor Fuller
Company Number
15559623 (England and Wales)
Registered Office
Pit Stop 3 High Street Mildenhall Bury St. Edmunds Suffolk IP28 7EJ England
Accountants
CB25 Accounting Limited 9 Station Road Swaffham Bulbeck Cambridge Cambridgeshire CB25 0NB
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Pitstop Auto Factors Ltd Statement of financial position as at 30 April 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
31,033 
Current assets
Inventories
360,319 
Debtors
167,566 
Cash at bank and in hand
165,430 
693,315 
Creditors: amounts falling due within one year
(623,998)
Net current assets
69,317 
Total assets less current liabilities
100,350 
Provisions for liabilities
Deferred tax
(7,758)
Net assets
92,592 
Capital and reserves
Called up share capital
100 
Profit and loss account
92,492 
Shareholders' funds
92,592 
For the period ending 30 April 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 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 19 August 2025 and were signed on its behalf by
David Keith Way Director Company Registration No. 15559623
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Pitstop Auto Factors Ltd Notes to the Accounts for the period from 13 March 2024 to 30 April 2025
1
Statutory information
Pitstop Auto Factors Ltd is a private company, limited by shares, registered in England and Wales, registration number 15559623. The registered office is Pit Stop, 3 High Street, Mildenhall, Bury St. Edmunds, Suffolk, IP28 7EJ, England.
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 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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 13 March 2024
- 
- 
- 
- 
Additions
34,716 
3,021 
3,436 
41,173 
At 30 April 2025
34,716 
3,021 
3,436 
41,173 
Depreciation
Charge for the period
8,679 
604 
857 
10,140 
At 30 April 2025
8,679 
604 
857 
10,140 
Net book value
At 30 April 2025
26,037 
2,417 
2,579 
31,033 
5
Debtors
2025 
£ 
Amounts falling due within one year
Trade debtors
147,371 
Accrued income and prepayments
20,195 
167,566 
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Pitstop Auto Factors Ltd Notes to the Accounts for the period from 13 March 2024 to 30 April 2025
6
Creditors: amounts falling due within one year
2025 
£ 
VAT
86,268 
Trade creditors
277,664 
Taxes and social security
85,510 
Other creditors
173,756 
Accruals
800 
623,998 
7
Average number of employees
During the period the average number of employees was 12.
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