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Registered number: 01974010
Autodata Products Limited
Financial Statements
For The Year Ended 31 March 2025
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01974010
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,264 63,571
Investments 5 86 86
54,350 63,657
CURRENT ASSETS
Stocks 6 17,473 763
Debtors 7 1,603,158 1,744,141
Cash at bank and in hand 1,505,129 1,131,634
3,125,760 2,876,538
Creditors: Amounts Falling Due Within One Year 8 (1,129,578 ) (926,433 )
NET CURRENT ASSETS (LIABILITIES) 1,996,182 1,950,105
TOTAL ASSETS LESS CURRENT LIABILITIES 2,050,532 2,013,762
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,606 ) (3,119 )
NET ASSETS 2,045,926 2,010,643
CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Profit and Loss Account 1,995,926 1,960,643
SHAREHOLDERS' FUNDS 2,045,926 2,010,643
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Dominic McLoughlin
Director
5 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Autodata Products Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01974010 . The registered office is 256-260 Old Street, London, England, EC1V 9DD.
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. Turnover
Turnover represents the fair value of services provided in the ordinary course of business, excluding VAT. Revenue from information technology consultancy services is recognised when the outcome of the contract can be reliably estimated on a time incurred or stage of completion basis, or evenly over the contract period for retainer arrangements. Amounts invoiced in advance are treated as deferred income, and unbilled work is recognised as accrued income.
2.3. 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:
Fixtures & Fittings 3 and 5 years straight line
Computer Equipment 3 and 5 years straight line
2.4. 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.7. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2024: 27)
24 27
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 59,828 193,729 253,557
Additions 13,151 5,524 18,675
Disposals (41,359 ) (92,709 ) (134,068 )
As at 31 March 2025 31,620 106,544 138,164
Depreciation
As at 1 April 2024 50,685 139,301 189,986
Provided during the period 4,527 23,455 27,982
Disposals (41,359 ) (92,709 ) (134,068 )
As at 31 March 2025 13,853 70,047 83,900
Net Book Value
As at 31 March 2025 17,767 36,497 54,264
As at 1 April 2024 9,143 54,428 63,571
5. Investments
Subsidiaries
£
Cost
As at 1 April 2024 86
As at 31 March 2025 86
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 86
As at 1 April 2024 86
6. Stocks
2025 2024
£ £
Finished goods 17,473 763
Page 4
Page 5
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 961,900 1,101,506
Amounts owed by group undertakings 152,474 134,489
Other debtors 488,784 508,146
1,603,158 1,744,141
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 740,545 603,813
Amounts owed to group undertakings 48,780 -
Other creditors 86,338 166,734
Taxation and social security 253,915 155,886
1,129,578 926,433
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 50,000 50,000
Page 5