AUTO ASYLUM LIMITED - Filleted accounts

Registered number

04534416

AUTO ASYLUM LIMITED

Filleted Accounts

30 September 2025

AUTO ASYLUM LIMITED
Registered number:		04534416
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			10

Current assets
Stocks		2,991			2,642
Debtors	4	670			370
Cash at bank and in hand		20,243			20,869
		23,904			23,881

Creditors: amounts falling due within one year	5	(5,250)			(14)

Net current assets			18,654			23,867

Net assets			18,654			23,877

Capital and reserves
Called up share capital			1			1
Profit and loss account			18,653			23,876

Shareholders' funds			18,654			23,877

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P. Jeffreys
Director
Approved by the board on 4 November 2025

AUTO ASYLUM LIMITED
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from services is recognised when invoiced which is at the time the work is done.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Plant and machinery	25% p.a. on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Going concern
	The company is reliant upon the continuing support of Mr P Jeffreys as director and majority shareholder. Mr Jeffreys has indicated that he intends to support the company on an ongoing basis. The going concern basis of accounting has therefore been adopted.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 October 2024				4,322
	At 30 September 2025				4,322

	Depreciation
	At 1 October 2024				4,312
	Charge for the year				10
	At 30 September 2025				4,322

	Net book value
	At 30 September 2025				-
	At 30 September 2024				10


4	Debtors		2025		2024
£				£

	Trade debtors		670		370


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		3,868		-
	Other creditors		1,382		14
			5,250		14


6	Other information

	AUTO ASYLUM LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Maranseen
	Altwood Bailey
	Maidenhead
	Berkshire
	SL6 4PQ