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Company Registration No. 15471164 (England and Wales)
Automotive Performance Specialists Ltd Unaudited accounts for the year ended 28 February 2025
Automotive Performance Specialists Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Automotive Performance Specialists Ltd Company Information for the year ended 28 February 2025
Directors
Michael Joseph Boffey John Michael Roach
Company Number
15471164 (England and Wales)
Registered Office
Unit 5g Cornhill Works Marl Road, Knowsley Industrial Park Liverpool Merseyside L33 7UH England
Accountants
David Roberts FFA FIPA (EPC Tax) Suite 27 Foundry House Waterside Lane Widnes Merseyside WA8 8GT
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Automotive Performance Specialists Ltd Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Tangible assets
4
16,040
Current assets
Inventories
6,550
Debtors
5
2,808
Cash at bank and in hand
2,564
11,922
Creditors: amounts falling due within one year
6
(1,750)
Net current assets
10,172
Total assets less current liabilities
26,212
Creditors: amounts falling due after more than one year
7
(28,155)
Net liabilities
(1,943)
Capital and reserves
Called up share capital
2
Profit and loss account
(1,945)
Shareholders' funds
(1,943)
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by
Michael Joseph Boffey Director Company Registration No. 15471164
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Automotive Performance Specialists Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Automotive Performance Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 15471164. The registered office is Unit 5g, Cornhill Works, Marl Road, Knowsley Industrial Park, Liverpool, Merseyside, L33 7UH, England.
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 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
20& staright line depreciation
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 March 2024
-
Additions
20,050
At 28 February 2025
20,050
Depreciation
Charge for the year
4,010
At 28 February 2025
4,010
Net book value
At 28 February 2025
16,040
5
Debtors
2025
£
Amounts falling due after more than one year
Trade debtors
2,808
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Automotive Performance Specialists Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
1,750
7
Creditors: amounts falling due after more than one year
2025
£
Loans from directors
28,155
8
Average number of employees
During the year the average number of employees was 0.
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