Company registration number: 08429469
Unaudited financial statements
for the year ended 31 March 2025
for
Al and Sons Wheels Ltd
Pages for filing with the Registrar
Al and Sons Wheels Ltd
Accountants' Report to the Director for the preparation of the unaudited financial
statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Al and Sons Wheels Ltd for the year ended 31 March 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of Al and Sons Wheels Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Al and Sons Wheels Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Al and Sons Wheels Ltd and its Director for our work, or for this report.
It is your duty to ensure that Al and Sons Wheels Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Al and Sons Wheels Ltd. You consider that Al and Sons Wheels Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Al and Sons Wheels Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
AMR Bookkeeping & Accounts Ltd
4 Spur Road
Cosham
Hampshire
PO6 3EB
United Kingdom
Date: 17 December 2025
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Company registration number: 08429469
Al and Sons Wheels Ltd
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 30,044 37,559
30,044 37,559
Current assets
Cash at bank and in hand 6,673 2,354
6,673 2,354
Creditors: amounts falling due within one
year 		(109,412) (117,473)
Net current liabilities (102,739) (115,119)
Total assets less current liabilities (72,695) (77,560)
NET LIABILITIES (72,695) (77,560)
Capital and reserves
Called up share capital 1 1
Profit and loss account (72,696) (77,561)
TOTAL EQUITY (72,695) (77,560)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08429469
Al and Sons Wheels Ltd
Balance sheet - continued
as at 31 March 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Mayes, Director
15 December 2025
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Al and Sons Wheels Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Al and Sons Wheels Ltd is a private company registered in England and Wales. Its registered number is 08429469. The company is limited by shares. Its registered office is 4 Spur Road, Cosham, Portsmouth, Hampshire, PO6 3EB.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
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Al and Sons Wheels Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 75,560
At 31 March 2025 75,560
Depreciation
At 1 April 2024 38,001
Charge for year 7,515
At 31 March 2025 45,516
Net book value
At 31 March 2025 30,044
At 31 March 2024 37,559
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Mr A Mayes
Balance outstanding at start of year 101,818 85,532
Amounts advanced - 16,286
Amounts repaid (10,861) -
Balance outstanding at end of year 90,957 101,818
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