REGISTERED NUMBER: 08153377 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Autorotation Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D Brick

REGISTERED OFFICE:

Hill Farm

Burstall Lane

Sproughton

Ipswich

Suffolk

IP8 3DJ

REGISTERED NUMBER:

08153377 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

FIXED ASSETS

Tangible assets

4

105,870

139,798

CURRENT ASSETS

Stocks

218,097

334,986

Debtors

5

6,411

2,122

Cash at bank

258,609

239,946

483,117

577,054

CREDITORS

Amounts falling due within one year

6

146,664

293,785

NET CURRENT ASSETS

336,453

283,269

TOTAL ASSETS LESS CURRENT LIABILITIES

442,323

423,067

CREDITORS

Amounts falling due after more than one year

7

(23,614

)

(29,158

)

PROVISIONS FOR LIABILITIES

8

(1,889

)

(8,684

)

NET ASSETS

416,820

385,225

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

416,819

385,224

SHAREHOLDERS' FUNDS

416,820

385,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2026 and were signed by:

D Brick - Director

1.	STATUTORY INFORMATION

Autorotation Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually when the goods are delivered to or collected by the customer.

Tangible fixed assets

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

Motor vehicles and equipment

-

25% on reducing balance

Office equipment

-

33% on cost

Stocks

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

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, bank facilities and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

and

Office

equipment

equipment

Totals

£

£

£

COST

At 1 June 2024

199,042

2,122

201,164

Additions

1,954

-

1,954

Disposals

(3,639

)

-

(3,639

)

At 31 May 2025

197,357

2,122

199,479

DEPRECIATION

At 1 June 2024

60,567

799

61,366

Charge for year

34,541

707

35,248

Eliminated on disposal

(3,005

)

-

(3,005

)

At 31 May 2025

92,103

1,506

93,609

NET BOOK VALUE

At 31 May 2025

105,254

616

105,870

At 31 May 2024

138,475

1,323

139,798

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,411

2,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,544

5,407

Taxation and social security

37,197

47,898

Other creditors

103,923

240,480

146,664

293,785

The bank loan relates to a government backed business Bounce Back Loan.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,614

29,158

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

6,126

The bank loan relates to a government backed business Bounce Back Loan.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

1,889

8,684

Deferred

tax

£

Balance at 1 June 2024

8,684

Credit to Statement of Income and Retained Earnings during year

(6,795

)

Balance at 31 May 2025

1,889