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Company Registration No. 10688979 (England and Wales)
FSE Autos & Tyres Ltd Unaudited accounts for the year ended 31 March 2025
FSE Autos & Tyres Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FSE Autos & Tyres Ltd Company Information for the year ended 31 March 2025
Director
Fatjon Xhaferi
Company Number
10688979 (England and Wales)
Registered Office
UNIT 2 2 EDINBURGH PLACE HARLOW CM20 2DJ UNITED KINGDOM
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FSE Autos & Tyres Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
37,883
886
Current assets
Inventories
16,400
17,200
Debtors
5
1,333
2,328
Cash at bank and in hand
9,414
14,012
27,147
33,540
Creditors: amounts falling due within one year
6
(64,369)
(22,685)
Net current (liabilities)/assets
(37,222)
10,855
Total assets less current liabilities
661
11,741
Creditors: amounts falling due after more than one year
7
-
(11,667)
Net assets
661
74
Capital and reserves
Called up share capital
1
1
Profit and loss account
660
73
Shareholders' funds
661
74
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 12 April 2025 and were signed on its behalf by
Fatjon Xhaferi Director Company Registration No. 10688979
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FSE Autos & Tyres Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
FSE Autos & Tyres Ltd is a private company, limited by shares, registered in England and Wales, registration number 10688979. The registered office is UNIT 2, 2 EDINBURGH PLACE, HARLOW, CM20 2DJ, UNITED KINGDOM.
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 remained unchanged from the previous year, and also 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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
3,027
Additions
39,700
At 31 March 2025
42,727
Depreciation
At 1 April 2024
2,141
Charge for the year
2,703
At 31 March 2025
4,844
Net book value
At 31 March 2025
37,883
At 31 March 2024
886
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
995
Amounts falling due after more than one year
Accrued income and prepayments
1,333
1,333
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FSE Autos & Tyres Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
11,667
10,000
VAT
435
1,759
Taxes and social security
-
227
Other creditors
621
2,053
Loans from directors
49,646
6,646
Accruals
2,000
2,000
64,369
22,685
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
11,667
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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