Company Registration No. 7321243 (England and Wales)
AUTO ELEMENTS LTD
Unaudited accounts
for the year ended 31 July 2025
AUTO ELEMENTS LTD
Unaudited accounts
Contents
AUTO ELEMENTS LTD
Company Information
for the year ended 31 July 2025
Company Number
7321243 (England and Wales)
Registered Office
OFFICE 7 37-39 SHAKESPEARE STREET
SOUTHPORT
MERSEYSIDE
PR8 5AB
UNITED KINGDOM
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
AUTO ELEMENTS LTD
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
20,350
17,297
Creditors: amounts falling due within one year
(27,578)
(22,698)
Net current assets
15,228
17,313
Called up share capital
1
1
Profit and loss account
15,827
17,312
Shareholders' funds
15,828
17,313
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 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 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 and authorised for issue on 8 December 2025 and were signed on its behalf by
D Hawthorn
Director
Company Registration No. 7321243
AUTO ELEMENTS LTD
Notes to the Accounts
for the year ended 31 July 2025
AUTO ELEMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 7321243. The registered office is OFFICE 7 37-39 SHAKESPEARE STREET, SOUTHPORT, MERSEYSIDE, PR8 5AB, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2024
2,138
-
2,138
At 31 July 2025
2,138
800
2,938
At 1 August 2024
2,138
-
2,138
Charge for the year
-
200
200
At 31 July 2025
2,138
200
2,338
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
1,344
Loans from directors
27,078
20,854
AUTO ELEMENTS LTD
Notes to the Accounts
for the year ended 31 July 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).