REGISTERED NUMBER: 12559868 (England and Wales)

Financial Statements for the Year Ended 30th April 2025

for

Autym Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S W Gray

Mr D W Walsh-Gray

REGISTERED OFFICE:

Ground Floor Southway House

29 Southway

Colchester

Essex

CO27BA

REGISTERED NUMBER:

12559868 (England and Wales)

FIXED ASSETS

Tangible assets

4

38,012

45,585

Investment property

5

473,314

-

511,326

45,585

CURRENT ASSETS

Debtors

6

49,525

4,856

Cash at bank

20,603

85,026

70,128

89,882

CREDITORS

Amounts falling due within one year

7

593,765

141,599

NET CURRENT LIABILITIES

(523,637

)

(51,717

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,311

)

(6,132

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(12,313

)

(6,134

)

SHAREHOLDERS' FUNDS

(12,311

)

(6,132

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd October 2025 and were signed on its behalf by:

Mr S W Gray - Director

1.	STATUTORY INFORMATION

Autym Developments 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Investment property

Investment property still under construction is currently recognized at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Office

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st May 2024

62,364

863

-

63,227

Additions

4,410

177

299

4,886

At 30th April 2025

66,774

1,040

299

68,113

DEPRECIATION

At 1st May 2024

17,465

177

-

17,642

Charge for year

12,243

212

4

12,459

At 30th April 2025

29,708

389

4

30,101

NET BOOK VALUE

At 30th April 2025

37,066

651

295

38,012

At 30th April 2024

44,899

686

-

45,585

5.	INVESTMENT PROPERTY

Total

£

COST

Additions

473,314

At 30th April 2025

473,314

NET BOOK VALUE

At 30th April 2025

473,314

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

49,525

4,856

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

612

-

VAT

-

849

Other creditors

135,000

90,000

Directors' loan accounts

456,448

49,096

Accruals and deferred income

1,705

1,654

593,765

141,599

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.