Company Registration No. 13368728 (England and Wales)
Thelwell Autos Ltd
Unaudited accounts
for the year ended 30 April 2025
Thelwell Autos Ltd
Unaudited accounts
Contents
Thelwell Autos Ltd
Company Information
for the year ended 30 April 2025
Director
MR CALLUM THELWELL
Company Number
13368728 (England and Wales)
Registered Office
68 Rodney Street
Liverpool
Merseyside
L1 9AF
England
Thelwell Autos Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
38,207
8,604
Inventories
608,256
433,348
Cash at bank and in hand
-
77,279
Creditors: amounts falling due within one year
(197,334)
(176,891)
Net current assets
557,925
474,378
Total assets less current liabilities
596,132
482,982
Creditors: amounts falling due after more than one year
(125,000)
(150,000)
Net assets
471,132
332,982
Called up share capital
6
1
Profit and loss account
471,126
332,981
Shareholders' funds
471,132
332,982
For the year ending 30 April 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 17 December 2025 and were signed on its behalf by
MR CALLUM THELWELL
Director
Company Registration No. 13368728
Thelwell Autos Ltd
Notes to the Accounts
for the year ended 30 April 2025
Thelwell Autos Ltd is a private company, limited by shares, registered in England and Wales, registration number 13368728. The registered office is 68 Rodney Street, Liverpool, Merseyside, L1 9AF, England.
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:
Fixtures & fittings
25% RB
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Thelwell Autos Ltd
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
-
6,750
892
4,087
11,729
Additions
10,500
30,222
-
917
41,639
At 30 April 2025
10,500
36,972
892
5,004
53,368
At 1 May 2024
-
1,688
416
1,021
3,125
Charge for the year
2,100
8,821
119
996
12,036
At 30 April 2025
2,100
10,509
535
2,017
15,161
At 30 April 2025
8,400
26,463
357
2,987
38,207
At 30 April 2024
-
5,062
476
3,066
8,604
Amounts falling due within one year
Trade debtors
147,003
140,642
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,090
-
Trade creditors
68,793
29,648
Taxes and social security
44,986
57,237
Loans from directors
3,039
10,039
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
125,000
150,000
8
Average number of employees
During the year the average number of employees was 10 (2024: 7).