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Registered Number: 15261948
England and Wales
AUTOILO LTD
Unaudited Financial Statements
Period of accounts Start date: 01 December 2024 End date: 30 November 2025

AUTOILO LTD Statement of Financial Position As at 30 November 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 1,969 |  |  | 2,625
Current assets |  | 18,312 |  |  | 485 |
Creditors: amount falling due within one year |  | (12,057) |  |  | (459) |
Net current assets |  |  | 6,255 |  |  | 26
Total assets less current liabilities |  |  | 8,224 |  |  | 2,651
Net assets |  |  | 8,224 |  |  | 2,651
Capital and reserves |  |  | 8,224 |  |  | 2,651
NOTES TO THE ACCOUNTS General Information AUTOILO LTD is a private company, limited by shares, registered in England and Wales, registration number 15261948, registration address 15 Anne Road, Smethwick, Birmingham, B66 2NZ. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company. Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings | 20% Straight Line
Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. | Tangible fixed assets
Cost or valuation | Fixtures and Fittings |  | Total
| £ |  | £
At 01 December 2024 | 3,281 |  | 3,281
Additions | - |  | -
Disposals | - |  | -
At 30 November 2025 | 3,281 |  | 3,281
Depreciation
At 01 December 2024 | 1,312 |  | 1,312
Charge for year | - |  | -
On disposals | - |  | -
At 30 November 2025 | 1,312 |  | 1,312
Net book values
Closing balance as at 30 November 2025 | 1,969 |  | 1,969
Opening balance as at 01 December 2024 | 2,625 |  | 2,625
3. | Average number of employees Average number of employees during the year was 1 (2024 : 1).
For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The financial statements were approved by the director on 10 March 2026 and were signed by:
-------------------------------- Okwudili Matthew ILOEHIKA Director
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