Registration number: 02635335

Autocare (Halifax) Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 11

Autocare (Halifax) Limited

Company Information





 

Directors

Mrs Surinder Kaur Mr Amrik Singh Samra Mr Rashpal Singh Samra Mr Gian Singh Mrs Kulwinder Kaur Mrs Surinder Kaur Samra

Company secretary

Mr Amrik Singh Samra

Registered office

Portland House 9, St John's Place Halifax W Yorkshire HX1 2NG

Accountants

D & A Hill No.18 T8/9 Brooke's Mill Armitage Bridge Huddersfield West Yorkshire HD4 7NR

Autocare (Halifax) Limited

Directors' Report
for the Year Ended 31 December 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

Directors of the company

The directors who held office during the year were as follows:

Mrs Surinder Kaur

Mr Amrik Singh Samra - Company secretary and director

Mr Rashpal Singh Samra

Mr Gian Singh

Mrs Kulwinder Kaur

Mrs Surinder Kaur Samra

Principal activity

The principal activity of the company is motor vehicle maintenance, repairs & retail trade of parts & accessories

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 18 July 2025 and signed on its behalf by:
 

......................................... Mr Amrik Singh Samra Company secretary and director

Autocare (Halifax) Limited

(Registration number: 02635335 )
Balance Sheet
as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	110,061	113,774
Current assets
Stocks	5	45,815	72,506
Debtors	6	103,182	101,063
Cash at bank and in hand		292,229	30,296
		441,226	203,865
Creditors: Amounts falling due within one year	7	(532,565)	(454,315)
Net current liabilities		(91,339)	(250,450)
Total assets less current liabilities		18,722	(136,676)
Creditors: Amounts falling due after more than one year	7	(10,989)	(15,968)
Net assets/(liabilities)		7,733	(152,644)
Capital and reserves
Called up share capital	8	100,000	100,000
Retained earnings		(92,267)	(252,644)
Shareholders' funds/(deficit)		7,733	(152,644)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 July 2025 and signed on its behalf by:
 

Autocare (Halifax) Limited

(Registration number: 02635335 )
Balance Sheet
as at 31 December 2024

......................................... Mr Amrik Singh Samra Company secretary and director

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Portland House
9, St John's Place
Halifax
W Yorkshire
HX1 2NG

These financial statements were authorised for issue by the Board on 18 July 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% on cost
Plant and machinery	15% on reducing balance
Motor vehicles	25% on reducing balance
Computer equipment	30% 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 31 (2023 - 27).

4	Tangible assets

	Land and buildings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 January 2024	162,700	127,290	4,290	41,443
Additions	-	-	479	1,400
At 31 December 2024	162,700	127,290	4,769	42,843
Depreciation
At 1 January 2024	58,442	121,632	3,683	38,192
Charge for the year	3,254	849	326	1,163
At 31 December 2024	61,696	122,481	4,009	39,355
Carrying amount
At 31 December 2024	101,004	4,809	760	3,488
At 31 December 2023	104,258	5,658	607	3,251

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

	Total £
Cost or valuation
At 1 January 2024	335,723
Additions	1,879
At 31 December 2024	337,602
Depreciation
At 1 January 2024	221,949
Charge for the year	5,592
At 31 December 2024	227,541
Carrying amount
At 31 December 2024	110,061
At 31 December 2023	113,774

Included within the net book value of land and buildings above is £101,004 (2023 - £104,258) in respect of freehold land and buildings.
 

5

Stocks

	2024 £	2023 £
Other inventories	45,815	72,506

6

Debtors

Current	2024 £	2023 £
Trade debtors	8,182	6,063
Other debtors	95,000	95,000
	103,182	101,063

Autocare (Halifax) Limited

Notes to the Unaudited Financial Statements
for the Year Ended
31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	9	10,677	11,848
Trade creditors		314,512	370,024
Taxation and social security		200,176	35,710
Accruals and deferred income		7,200	7,100
Other creditors		-	29,633
		532,565	454,315