REGISTERED NUMBER: 05140360 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Auto Electric Supplies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R Blake

M Blake

SECRETARY:

Mrs R Blake

REGISTERED OFFICE:

Granville House

11 Cross Street

Tenbury Wells

Worcestershire

WR15 8EF

REGISTERED NUMBER:

05140360 (England and Wales)

ACCOUNTANTS:

dhjh Tenbury Wells LLP

Chartered Certified Accountants

81 Teme Street

Tenbury Wells

WR15 8AE

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

35,352

36,061

35,352

36,061

CURRENT ASSETS

Inventories

248,500

275,272

Debtors

6

32,228

19,869

Cash at bank and in hand

184,814

129,226

465,542

424,367

CREDITORS

Amounts falling due within one year

7

235,549

172,654

NET CURRENT ASSETS

229,993

251,713

TOTAL ASSETS LESS CURRENT LIABILITIES

265,345

287,774

PROVISIONS FOR LIABILITIES

2,578

2,759

NET ASSETS

262,767

285,015

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

262,567

284,815

SHAREHOLDERS' FUNDS

262,767

285,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

M Blake - Director

Mrs R Blake - Director

1.	STATUTORY INFORMATION

Auto Electric Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

8,295

AMORTISATION

At 1 April 2025

and 31 March 2026

8,295

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Leasehold

Plant and

and

Office

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

25,024

17,745

14,435

61,806

119,010

Additions

-

-

-

2,391

2,391

At 31 March 2026

25,024

17,745

14,435

64,197

121,401

DEPRECIATION

At 1 April 2025

-

15,164

11,875

55,910

82,949

Charge for year

-

516

512

2,072

3,100

At 31 March 2026

-

15,680

12,387

57,982

86,049

NET BOOK VALUE

At 31 March 2026

25,024

2,065

2,048

6,215

35,352

At 31 March 2025

25,024

2,581

2,560

5,896

36,061

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

13,363

10,895

Prepayments

18,865

8,974

32,228

19,869

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

94,037

81,230

Other Creditors

145

9

Tax

41,100

35,110

Pension contributions owed

659

633

VAT

9,329

5,854

Directors' current accounts

87,775

48,207

Accrued expenses

2,504

1,611

235,549

172,654