Company Registration No. 10920988 (England and Wales)
MASTERFIT AUTO SERVICES & REPAIRS LTD
Unaudited accounts
for the year ended 31 August 2025
MASTERFIT AUTO SERVICES & REPAIRS LTD
Unaudited accounts
Contents
MASTERFIT AUTO SERVICES & REPAIRS LTD
Company Information
for the year ended 31 August 2025
Director
JOHN KAMAU MAGONDU
Company Number
10920988 (England and Wales)
Registered Office
UNIT 3 GARDEN COURT BUSINESS CENTRE
WELWYN GARDEN CITY
HERTFORDSHIRE
AL7 1BH
ENGLAND
Accountants
HARMONIA BUSINESS PARTNERS
1st Floor, Building 2
Croxley Business Park
Watford
WD18 8YA
MASTERFIT AUTO SERVICES & REPAIRS LTD
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
-
2,155
Creditors: amounts falling due within one year
(257,244)
(26,574)
Net current (liabilities)/assets
(236,835)
28,453
Total assets less current liabilities
13,167
28,455
Creditors: amounts falling due after more than one year
(31,486)
(31,486)
Net liabilities
(18,319)
(3,031)
Called up share capital
2
2
Profit and loss account
(18,321)
(3,033)
Shareholders' funds
(18,319)
(3,031)
For the year ending 31 August 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 29 May 2026 and were signed on its behalf by
JOHN KAMAU MAGONDU
Director
Company Registration No. 10920988
MASTERFIT AUTO SERVICES & REPAIRS LTD
Notes to the Accounts
for the year ended 31 August 2025
MASTERFIT AUTO SERVICES & REPAIRS LTD is a private company, limited by shares, registered in England and Wales, registration number 10920988. The registered office is UNIT 3 GARDEN COURT BUSINESS CENTRE, WELWYN GARDEN CITY, HERTFORDSHIRE, AL7 1BH, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Total
At 1 September 2024
10,232
At 1 September 2024
10,230
5
Average number of employees
During the year the average number of employees was 2 (2024: 2).