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Company Registration No. 15821073 (England and Wales)
Src Automotive Ltd Unaudited accounts for the year ended 31 July 2025
Src Automotive Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Src Automotive Ltd Company Information for the year ended 31 July 2025
Directors
Mr L Evason Mr D Evason
Company Number
15821073 (England and Wales)
Registered Office
105 Bridge Road Litherland Liverpool Merseyside L21 2PB England
Accountants
My Accountancy Hub Level One, Basecamp Liverpool 49 Jamaica Street Liverpool L1 0AH
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Src Automotive Ltd Statement of financial position as at 31 July 2025
2025
Notes
£
Fixed assets
Tangible assets
4
2,835
Current assets
Debtors
5
100
Cash at bank and in hand
38,086
38,186
Creditors: amounts falling due within one year
6
(10,240)
Net current assets
27,946
Net assets
30,781
Capital and reserves
Called up share capital
100
Profit and loss account
30,681
Shareholders' funds
30,781
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 directors acknowledge their 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 of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by
Mr L Evason Director Company Registration No. 15821073
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Src Automotive Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Src Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 15821073. The registered office is 105 Bridge Road, Litherland, Liverpool, Merseyside, L21 2PB, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 August 2024
-
Additions
3,780
At 31 July 2025
3,780
Depreciation
Charge for the year
945
At 31 July 2025
945
Net book value
At 31 July 2025
2,835
5
Debtors
2025
£
Amounts falling due within one year
Other debtors
100
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Src Automotive Ltd Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
£
VAT
1,749
Trade creditors
1,959
Taxes and social security
6,532
10,240
7
Average number of employees
During the year the average number of employees was 0.
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