Auto360 Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07958339

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		212,000		-
Tangible Assets	5		319,894		433,348

			531,894		433,348
CURRENT ASSETS
Stocks	6	59,897		4,000
Debtors	7	320,509		190,015
Cash at bank and in hand		19,181		9,557

		399,587		203,572
Creditors: Amounts Falling Due Within One Year	8	(860,530 )		(561,236 )

NET CURRENT ASSETS (LIABILITIES)			(460,943 )		(357,664 )

TOTAL ASSETS LESS CURRENT LIABILITIES			70,951		75,684

Creditors: Amounts Falling Due After More Than One Year	9		(165,271 )		(272,833 )

NET LIABILITIES			(94,320 )		(197,149 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(94,420 )		(197,249 )

SHAREHOLDERS' FUNDS			(94,320)		(197,149)

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Auto360 Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K A Page

Director

20th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Auto360 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07958339 . The registered office is Saxon House, 27 Duke Street, Chelmsford, Essex, CM1 1HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company is financially supported by the related trading company.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight line method
Motor Vehicles	25% Reducing balance method
Fixtures & Fittings	25% Straight line method
Computer Equipment	25% Straight line method

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Auto360 Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 August 2024	-
Additions	240,000

As at 31 July 2025	240,000

Amortisation
As at 1 August 2024	-
Provided during the period	28,000

As at 31 July 2025	28,000

Net Book Value
As at 31 July 2025	212,000

As at 1 August 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 August 2024	33,135	628,201	14,940	676,276
Disposals	-	(2,500 )	-	(2,500 )

As at 31 July 2025	33,135	625,701	14,940	673,776

Depreciation
As at 1 August 2024	26,326	206,606	9,996	242,928
Provided during the period	4,842	105,151	2,472	112,465
Disposals	-	(1,511 )	-	(1,511 )

As at 31 July 2025	31,168	310,246	12,468	353,882

Net Book Value
As at 31 July 2025	1,967	315,455	2,472	319,894

As at 1 August 2024	6,809	421,595	4,944	433,348

6. Stocks

	2025	2024
	£	£
Stock	59,897	4,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	274,803	187,731
Other debtors	45,706	2,284

	320,509	190,015

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Auto360 Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	86,914	84,550
Trade creditors	51,242	73,166
Bank loans and overdrafts	166,359	166,073
Other creditors	529,223	228,466
Taxation and social security	26,792	8,981

	860,530	561,236

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans and hire purchase	165,271	272,833

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Keith Page	-	32,000	(2,000 )	-	30,000

The above loan is unsecured, interest free and repayable on demand.

12. Related Party Transactions

At the Balance Sheet date there was £16,487 owed to a company under common control (2024: £16,497).

At the Balance Sheet date there was £2,257 owed from a company under common control (2024: £2,085)

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