IRIS Accounts Production v25.1.3.33 07614898 director 1.5.24 31.12.24 31.12.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07614898 2024-04-30 07614898 2024-12-31 07614898 2024-05-01 2024-12-31 07614898 2023-04-30 07614898 2023-05-01 2024-04-30 07614898 2024-04-30 07614898 ns15:EnglandWales 2024-05-01 2024-12-31 07614898 ns14:PoundSterling 2024-05-01 2024-12-31 07614898 ns10:Director1 2024-05-01 2024-12-31 07614898 ns10:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 07614898 ns10:SmallEntities 2024-05-01 2024-12-31 07614898 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2024-12-31 07614898 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2024-12-31 07614898 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 07614898 ns10:FullAccounts 2024-05-01 2024-12-31 07614898 ns10:RegisteredOffice 2024-05-01 2024-12-31 07614898 ns5:CurrentFinancialInstruments 2024-12-31 07614898 ns5:CurrentFinancialInstruments 2024-04-30 07614898 ns5:ShareCapital 2024-12-31 07614898 ns5:ShareCapital 2024-04-30 07614898 ns5:CapitalRedemptionReserve 2024-12-31 07614898 ns5:CapitalRedemptionReserve 2024-04-30 07614898 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 07614898 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 07614898 ns5:PlantMachinery 2024-05-01 2024-12-31 07614898 ns5:FurnitureFittings 2024-05-01 2024-12-31 07614898 ns5:MotorVehicles 2024-05-01 2024-12-31 07614898 ns5:ComputerEquipment 2024-05-01 2024-12-31 07614898 ns5:PlantMachinery 2024-04-30 07614898 ns5:FurnitureFittings 2024-04-30 07614898 ns5:MotorVehicles 2024-04-30 07614898 ns5:ComputerEquipment 2024-04-30 07614898 ns5:PlantMachinery 2024-12-31 07614898 ns5:FurnitureFittings 2024-12-31 07614898 ns5:MotorVehicles 2024-12-31 07614898 ns5:ComputerEquipment 2024-12-31 07614898 ns5:PlantMachinery 2024-04-30 07614898 ns5:FurnitureFittings 2024-04-30 07614898 ns5:MotorVehicles 2024-04-30 07614898 ns5:ComputerEquipment 2024-04-30 07614898 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 07614898 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 07614898 ns5:Non-currentFinancialInstruments 2024-12-31 07614898 ns5:Non-currentFinancialInstruments 2024-04-30 07614898 ns5:DeferredTaxation 2024-04-30 07614898 ns5:DeferredTaxation 2024-05-01 2024-12-31 07614898 ns5:DeferredTaxation 2024-12-31 07614898 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 07614898 ns5:CapitalRedemptionReserve 2024-04-30 07614898 ns5:RetainedEarningsAccumulatedLosses 2024-05-01 2024-12-31 07614898 1 ns10:Director1 2024-04-30 07614898 1 ns10:Director1 2023-04-30 07614898 1 ns10:Director1 2024-05-01 2024-12-31 07614898 1 ns10:Director1 2023-05-01 2024-04-30 07614898 1 ns10:Director1 2024-12-31 07614898 1 ns10:Director1 2024-04-30

REGISTERED NUMBER: 07614898 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

FOR

AUTO INDUSTRY CONSULTING LTD

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| AUTO INDUSTRY CONSULTING LTD |

COMPANY INFORMATION

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

| DIRECTOR: | RC Cardy

| REGISTERED OFFICE: | Unit 3C

| Upper Adhurst Industrial Park

| London Road

| Petersfield

| Hampshire

| GU31 5AE

| REGISTERED NUMBER: | 07614898 (England and Wales)

| ACCOUNTANTS: | Maxwell & Co

| 9 Abbey Business Park

| Monks Walk

| Farnham

| Surrey

| GU9 8HT

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 49,449 |  | 20,355 |  |

CURRENT ASSETS

Debtors | 5 | 697,259 |  | 604,900 |  |

Cash at bank | 191,008 |  | 184,471 |  |

888,267 |  | 789,371 |  |

CREDITORS

Amounts falling due within one year | 6 | 589,621 |  | 635,718 |  |

NET CURRENT ASSETS | 298,646 |  | 153,653 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 348,095 |  | 174,008 |  |

PROVISIONS FOR LIABILITIES | 7 | 1,072 |  | - |  |

NET ASSETS | 347,023 |  | 174,008 |  |

CAPITAL AND RESERVES

Called up share capital | 50 |  | 50 |  |

Capital redemption reserve | 8 | 50 |  | 50 |  |

Retained earnings | 8 | 346,923 |  | 173,908 |  |

SHAREHOLDERS' FUNDS | 347,023 |  | 174,008 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

BALANCE SHEET - continued

31 DECEMBER 2024

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 director and authorised for issue on 17 September 2025 and were signed by:

RC Cardy - Director

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Auto Industry Consulting Ltd 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 and value added tax. Turnover includes the rendering of services which are recognised over the period of service.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Web site | - | 20% on cost

| Fixtures and fittings | - | 15% on cost

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price.

| Taxation

| Taxation for the period 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.

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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 period 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 period was 4 (2024 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| Web site |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 May 2024 | 23,182 |  | 23,317 |  | 36,990 |  | 28,117 |  | 111,606 |  |

| Additions | - |  | 6,060 |  | 21,000 |  | 7,914 |  | 34,974 |  |

| Disposals | (20,757 | ) | (5,315 | ) | - |  | (21,747 | ) | (47,819 | ) |

| Reclassification/transfer | - |  | 1,176 |  | - |  | (1,176 | ) | - |  |

| At 31 December 2024 | 2,425 |  | 25,238 |  | 57,990 |  | 13,108 |  | 98,761 |  |

| DEPRECIATION

| At 1 May 2024 | 22,697 |  | 15,776 |  | 28,934 |  | 23,844 |  | 91,251 |  |

| Charge for period | 324 |  | 1,994 |  | 1,342 |  | 1,598 |  | 5,258 |  |

| Eliminated on disposal | (20,758 | ) | (4,792 | ) | - |  | (21,647 | ) | (47,197 | ) |

| Reclassification/transfer | - |  | 490 |  | - |  | (490 | ) | - |  |

| At 31 December 2024 | 2,263 |  | 13,468 |  | 30,276 |  | 3,305 |  | 49,312 |  |

| NET BOOK VALUE

| At 31 December 2024 | 162 |  | 11,770 |  | 27,714 |  | 9,803 |  | 49,449 |  |

| At 30 April 2024 | 485 |  | 7,541 |  | 8,056 |  | 4,273 |  | 20,355 |  |

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

5. | DEBTORS

2024 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 176,263 |  | 130,983 |  |

| Other debtors | 22,386 |  | 3,250 |  |

| Directors' current accounts | 347,519 |  | 319,405 |  |

| Deferred tax asset | - |  | 1,684 |  |

| Prepayments | 4,287 |  | 2,774 |  |

550,455 |  | 458,096 |  |

| Amounts falling due after more than one year:

| Tax | 146,804 |  | 146,804 |  |

| Aggregate amounts | 697,259 |  | 604,900 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2024 |

£ | £ |

| Trade creditors | 5,920 |  | 10,079 |  |

| Tax | 136,414 |  | 128,823 |  |

| Social security and other taxes | 13,104 |  | 4,345 |  |

| VAT | 34,591 |  | 48,694 |  |

| Other creditors | 4,038 |  | 2,348 |  |

| Accruals and deferred income | 389,654 |  | 429,046 |  |

| Accrued expenses | 5,900 |  | 12,383 |  |

589,621 |  | 635,718 |  |

7. | PROVISIONS FOR LIABILITIES

2024 |  |

£ |  |

| Deferred tax | 1,072 |  |

| Deferred |

| tax |

£ |

| Balance at 1 May 2024 | (1,684 | ) |

| Provided during period | 2,756 |  |

| Balance at 31 December 2024 | 1,072 |  |

AUTO INDUSTRY CONSULTING LTD (REGISTERED NUMBER: 07614898) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

8. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 May 2024 | 173,908 |  | 50 |  | 173,958 |  |

| Profit for the period | 173,015 |  | 173,015 |  |

| At 31 December 2024 | 346,923 |  | 50 |  | 346,973 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the period ended 31 December 2024 and the year ended 30 April 2024:

2024 | 2024 |

£ | £ |

| RC Cardy

| Balance outstanding at start of period | 319,405 |  | 320,025 |  |

| Amounts advanced | 29,297 |  | 187,380 |  |

| Amounts repaid | (1,183 | ) | (188,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 347,519 |  | 319,405 |  |

| A Marsh

| Balance outstanding at start of period | - |  | 166,540 |  |

| Amounts repaid | - |  | (166,540 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | - |  | - |  |