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Registration number: 07835546

Andrew Tart Motor Engineering Ltd
trading as ATME
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Andrew Tart Motor Engineering Ltd
trading as ATME

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Andrew Tart Motor Engineering Ltd
trading as ATME

Company Information

Director | Mr Andrew Tart

Company secretary | Mrs Lynne Yvette Tart

Registered office | Yew Tree House Clows Top Kidderminster DY14 9HR

Accountants | CLG Accountants & Business Advisors Hagley Road Business Hub 8 Hagley Road Stourbridge West Midlands DY8 1PS

Andrew Tart Motor Engineering Ltd
trading as ATME

(Registration number: 07835546)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 2,029 | 2,705
Current assets |  |  |
Stocks | 5 | 6,118 | 6,160
Debtors | 6 | 5,801 | 13,201
Cash at bank and in hand |  | 66,396 | 100,070
|  | 78,315 | 119,431
Creditors: Amounts falling due within one year | 7 | (15,725) | (35,441)
Net current assets |  | 62,590 | 83,990
Total assets less current liabilities |  | 64,619 | 86,695
Provisions for liabilities |  | (385) | (514)
Net assets |  | 64,234 | 86,181
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 64,134 | 86,081
Shareholders' funds |  | 64,234 | 86,181

For the financial year ending 31 October 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; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Andrew Tart Motor Engineering Ltd
trading as ATME

(Registration number: 07835546)
Balance Sheet as at 31 October 2025

Approved and authorised by the director on 2 April 2026

......................................... Mr Andrew Tart Director

Andrew Tart Motor Engineering Ltd
trading as ATME

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Yew Tree House
Clows Top
Kidderminster
DY14 9HR

These financial statements were authorised for issue by the director on 2 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis with the Director having given due consideration to the impact of Brexit. He is of the opinion that neither the Company's ability to trade nor the value of its assets will be significantly impaired.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Andrew Tart Motor Engineering Ltd
trading as ATME

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and equipment | 25% reducing balance
Workshop equipment | 10% straightline
Motor vehicles | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Andrew Tart Motor Engineering Ltd
trading as ATME

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Andrew Tart Motor Engineering Ltd
trading as ATME

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Land and buildings £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2024 | 16,782 | 34,557 | 19,852 | 71,191
At 31 October 2025 | 16,782 | 34,557 | 19,852 | 71,191
Depreciation
At 1 November 2024 | 16,782 | 33,111 | 18,593 | 68,486
Charge for the year | - | 361 | 315 | 676
At 31 October 2025 | 16,782 | 33,472 | 18,908 | 69,162
Carrying amount
At 31 October 2025 | - | 1,085 | 944 | 2,029
At 31 October 2024 | - | 1,446 | 1,259 | 2,705

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 6,118 | 6,160

Andrew Tart Motor Engineering Ltd
trading as ATME

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | - | 8,302
Prepayments | 351 | 4,899
Other debtors | 5,450 | -
| 5,801 | 13,201

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 212 | 3,008
Taxation and social security | 3,776 | 10,551
Accruals and deferred income | 2,450 | 3,658
Other creditors | 9,287 | 18,224
| 15,725 | 35,441

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary £ of £1 each | 100 | 100 | 100 | 100

9 | Related party transactions

Key management personnel

At the year end the Company owed key management £9,172. These monies are repayable upon demand and have been advanced on an unsecured and interest free basis.