| Registered Number:08505423 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
Auto Assist (NW) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Auto Assist (NW) Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
403,157
436,623
2
14,405
14,405
3
417,562
451,028
| Trade and other receivables |
15,831
75,976
4
59,837
| Cash and cash equivalents |
38,763
114,739
75,668
| Trade and other payables: amounts falling due within one |
| year |
(261,331)
(245,697)
5
(185,663)
(130,958)
Net current liabilities
| Total assets less current liabilities |
286,604
265,365
| Trade and other payables: amounts falling due after more |
| than one year |
(346,965)
(418,029)
6
140,768
84,657
| Provisions for liabilities |
9,343
Net assets
3,057
100
100
9,243
2,957
9,343
3,057
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 28 February 2025
Auto Assist (NW) Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 26 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Auto Assist (NW) Limited
Notes to the Financial Statements
Statutory Information
| Auto Assist (NW) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 08505423. |
Office 1, 3D Centre
Bella Street
Bolton
Lancashire
BL3 4DU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 28 February 2025
Auto Assist (NW) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
1,713,563
41,071
72,627
1,599,865
202,141
5,187
316
196,638
-
-
(110,641)
(110,641)
1,685,862
72,943
46,258
1,805,063
| Provision for depreciation and impairment |
1,276,940
39,030
29,653
1,208,257
Charge for year
184,447
3,447
7,294
173,706
(59,481)
-
-
(59,481)
1,401,906
42,477
36,947
1,322,482
363,380
35,996
3,781
403,157
391,608
42,974
2,041
436,623
| 3. Investments held as fixed assets |
14,405
14,405
14,405
14,405
14,405
14,405
14,405
14,405
| 4. Trade and other receivables |
2024
2025
75,976
15,831
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For the year ended 28 February 2025
Auto Assist (NW) Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
10,000
10,000
874
187
17,624
22,853
| Taxation and social security |
76,609
81,516
140,590
146,775
245,697
261,331
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
3,013
13,149
415,016
333,816
418,029
346,965
| 7. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 7)
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