REGISTERED NUMBER: 04302781 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Auto-Charge (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Boyes

Miss F R Collins

SECRETARY:

Mrs. J A Boyes

REGISTERED OFFICE:

Unit 3 Whitehall Court

Whitehall Park

Leeds

West Yorkshire

LS12 5SN

REGISTERED NUMBER:

04302781 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

62,887

42,835

62,887

42,835

CURRENT ASSETS

Stocks

6

892,600

1,498,817

Debtors

7

1,043,068

1,038,509

Cash at bank and in hand

174,316

7

2,109,984

2,537,333

CREDITORS

Amounts falling due within one year

8

545,685

994,782

NET CURRENT ASSETS

1,564,299

1,542,551

TOTAL ASSETS LESS CURRENT LIABILITIES

1,627,186

1,585,386

PROVISIONS FOR LIABILITIES

15,722

8,139

NET ASSETS

1,611,464

1,577,247

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,610,464

1,576,247

SHAREHOLDERS' FUNDS

1,611,464

1,577,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr J Boyes - Director

1.	STATUTORY INFORMATION

Auto-Charge (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

5% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

33% on reducing balance

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 Income Statement, 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 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

7,500

AMORTISATION

At 1 February 2024

and 31 January 2025

7,500

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 February 2024

14,095

52,124

78,454

47,500

192,173

Additions

-

11,191

925

24,184

36,300

Disposals

-

-

-

(31,000

)

(31,000

)

At 31 January 2025

14,095

63,315

79,379

40,684

197,473

DEPRECIATION

At 1 February 2024

14,095

39,284

61,878

34,081

149,338

Charge for year

-

2,593

4,174

5,343

12,110

Eliminated on disposal

-

-

-

(26,862

)

(26,862

)

At 31 January 2025

14,095

41,877

66,052

12,562

134,586

NET BOOK VALUE

At 31 January 2025

-

21,438

13,327

28,122

62,887

At 31 January 2024

-

12,840

16,576

13,419

42,835

6.

STOCKS

31.1.25

31.1.24

£

£

Stocks

892,600

1,498,817

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

802,199

801,887

Other debtors

240,869

236,622

1,043,068

1,038,509

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts (see note 9)

-

19,604

Trade creditors

315,177

943,286

Taxation and social security

222,825

22,744

Other creditors

7,683

9,148

545,685

994,782

9.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

19,604

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

79,460

67,571

Between one and five years

244,536

259,740

323,996

327,311

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2025:

31.1.25

31.1.24

£

£

Director 1

Balance outstanding at start of year

98,745

99,158

Amounts advanced

112,945

104,521

Amounts repaid

(104,634

)

(104,934

)

Balance outstanding at end of year

107,056

98,745

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Boyes.