Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 2024-05-01 false Motor vehicle parts and accessories retailers 4 5 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01086287 2024-05-01 2025-04-30 01086287 2023-05-01 2024-04-30 01086287 2025-04-30 01086287 2024-04-30 01086287 c:Director1 2024-05-01 2025-04-30 01086287 d:Buildings 2024-05-01 2025-04-30 01086287 d:Buildings 2025-04-30 01086287 d:Buildings 2024-04-30 01086287 d:Buildings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01086287 d:ComputerEquipment 2024-05-01 2025-04-30 01086287 d:ComputerEquipment 2025-04-30 01086287 d:ComputerEquipment 2024-04-30 01086287 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01086287 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01086287 d:FreeholdInvestmentProperty 2025-04-30 01086287 d:FreeholdInvestmentProperty 2024-04-30 01086287 d:FreeholdInvestmentProperty 2 2024-05-01 2025-04-30 01086287 d:CurrentFinancialInstruments 2025-04-30 01086287 d:CurrentFinancialInstruments 2024-04-30 01086287 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 01086287 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01086287 d:ShareCapital 2025-04-30 01086287 d:ShareCapital 2024-04-30 01086287 d:OtherMiscellaneousReserve 2024-05-01 2025-04-30 01086287 d:OtherMiscellaneousReserve 2025-04-30 01086287 d:OtherMiscellaneousReserve 2024-04-30 01086287 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 01086287 d:RetainedEarningsAccumulatedLosses 2025-04-30 01086287 d:RetainedEarningsAccumulatedLosses 2024-04-30 01086287 c:FRS102 2024-05-01 2025-04-30 01086287 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 01086287 c:FullAccounts 2024-05-01 2025-04-30 01086287 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 01086287 2 2024-05-01 2025-04-30 01086287 f:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 01086287 AUTOPARTS (MOTOR FACTORS) LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
AUTOPARTS (MOTOR FACTORS) LIMITED REGISTERED NUMBER: 01086287 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,083 |  | 1,061
Investment property | 5 |  | 450,000 |  | 400,000
|  |  | 451,083 |  | 401,061
Current assets |  |  |  |  |
Stocks |  | 19,484 |  | 28,121 |
Debtors: amounts falling due within one year | 6 | 10,283 |  | 2,996 |
Cash at bank and in hand |  | 103,522 |  | 136,161 |
|  | 133,289 |  | 167,278 |
Creditors: amounts falling due within one year | 7 | (51,103) |  | (59,844) |
Net current assets |  |  | 82,186 |  | 107,434
Total assets less current liabilities |  |  | 533,269 |  | 508,495
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (84,494) |  | (71,994) |
|  |  | (84,494) |  | (71,994)
Net assets |  |  | 448,775 |  | 436,501
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2,000 |  | 2,000
Other reserves | 8 |  | 353,403 |  | 315,903
Profit and loss account | 8 |  | 93,372 |  | 118,598
|  |  | 448,775 |  | 436,501
Page 1
AUTOPARTS (MOTOR FACTORS) LIMITED REGISTERED NUMBER: 01086287 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Mr J Selby
Director
Date: 27 November 2025
The notes on pages 3 to 9 form part of these financial statements. Page 2
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Autoparts (Motor Factors) Limited (01086287) is a private company limited by shares and is incorporated in England and Wales. The registered address is 14th Floor, 33 Cavendish Square, London, W1G 0PW. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Other operating income represents rents receivable recognised in the period in accordance with the rental agreement. Rent receivable is invoiced monthly at the beginning of the month for which the rental income relates.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, Using the below basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | Straight line
|  |  |  | Computer equipment | - | 33% | Straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 4
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.7 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.8 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis.
| 2.9 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.10 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.11 | Creditors
Short term creditors are measured at the transaction price.
| 2.12 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 5
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Page 6
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments (continued)
Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 5).
Page 7
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Tangible fixed assets
|  | Freehold property | Computer equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 May 2024 | 6,959 | 1,193 | 8,152
| Additions | - | 341 | 341
| At 30 April 2025 | 6,959 | 1,534 | 8,493
| Depreciation |  |  |
| At 1 May 2024 | 5,963 | 1,128 | 7,091
| Charge for the year | 141 | 178 | 319
| At 30 April 2025 | 6,104 | 1,306 | 7,410
| Net book value |  |  |
| At 30 April 2025 | 855 | 228 | 1,083
| At 30 April 2024 | 996 | 65 | 1,061
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 May 2024 | 400,000
| Surplus on revaluation | 50,000
| At 30 April 2025 | 450,000
The 2025 valuations were made by the directors.
Page 8
AUTOPARTS (MOTOR FACTORS) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 3,470 | 1,152
| Prepayments and accrued income | 6,813 | 1,844
|  | 10,283 | 2,996
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 24,434 | 28,121
| Corporation tax | 9,367 | 14,385
| Other taxation and social security | 10,136 | 11,570
| Other creditors | 3,537 | 2,584
| Accruals and deferred income | 3,629 | 3,184
|  | 51,103 | 59,844
8. | Reserves
Other reserves Other reserves comprise the balance of revaluations relating to the investment property net of deferred tax on the gain. Profit and loss account The profit and loss account comprise the balance of profits accumulated over the life of the company.
9. | Related party transactions
| Included in other creditors due within one year are amounts owed to directors to the value of £1,088 (other creditors 2024: £1,088).
Page 9