AUTOCERT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Cree

REGISTERED OFFICE:

22 The Drive

Bardsey

Leeds

LS17 9AF

REGISTERED NUMBER:

11869151 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

5

46,492

-

CURRENT ASSETS

Stocks

6,480

6,250

Debtors

6

52,050

50,000

Cash at bank and in hand

11,925

9,938

70,455

66,188

CREDITORS

Amounts falling due within one year

7

28,217

27,546

NET CURRENT ASSETS

42,238

38,642

TOTAL ASSETS LESS CURRENT LIABILITIES

88,730

38,642

CREDITORS

Amounts falling due after more than one year

8

(73,704

)

(38,375

)

PROVISIONS FOR LIABILITIES

10

(8,833

)

-

NET ASSETS

6,193

267

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

6,093

167

SHAREHOLDERS' FUNDS

6,193

267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 director and authorised for issue on 14 October 2025 and were signed by:

S P Cree - Director

1.	STATUTORY INFORMATION

Autocert 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.

In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

Additions

1,790

48,860

274

50,924

At 31 March 2025

1,790

48,860

274

50,924

DEPRECIATION

Charge for year

269

4,072

91

4,432

At 31 March 2025

269

4,072

91

4,432

NET BOOK VALUE

At 31 March 2025

1,521

44,788

183

46,492

The net book value of tangible fixed assets includes £ 44,788 in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

46,085

50,000

Tax

5,174

-

VAT

791

-

52,050

50,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,422

10,000

Hire purchase contracts (see note 9)

5,121

-

Trade creditors

14,263

6,372

Tax

995

6,164

VAT

-

2,507

Directors' current accounts

81

27

Accrued expenses

1,335

2,476

28,217

27,546

The Director's Loan Account is interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

6,584

10,000

Bank loans - 2-5 years

20,768

20,000

Bank loans more 5 yr by instal

9,894

8,375

Hire purchase contracts (see note 9)

36,458

-

73,704

38,375

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,894

8,375

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.25

31.3.24

£

£

Net obligations repayable:

Within one year

5,121

-

Between one and five years

36,458

-

41,579

-

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

8,833

-

Deferred

tax

£

Accelerated capital allowances

8,833

Balance at 31 March 2025

8,833

The entire provision for deferred tax relates to accelerated capital allowances.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

12.	RELATED PARTY DISCLOSURES

At the year end, the company was owed £45,000 (2024: £50,000) from L A Wipers Limited; a company under common control.

At the year end, the company was owed £1,085 (2024: nil) from The Bosun's Brewing Company Limited; a company under common control.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is S P Cree.