Auto Works Repair Ltd

	Page
Statement of Financial Position	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 11981355

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,299		13,655

			5,299		13,655
CURRENT ASSETS
Stocks		20,583		17,510
Debtors	5	15,410		10,831
Cash at bank and in hand		3,133		16,390

		39,126		44,731
Creditors: Amounts Falling Due Within One Year	6	(163,205 )		(122,921 )

NET CURRENT ASSETS (LIABILITIES)			(124,079 )		(78,190 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(118,780 )		(64,535 )

Creditors: Amounts Falling Due After More Than One Year	7		-		(10,835 )

NET LIABILITIES			(118,780 )		(75,370 )

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			(118,880 )		(75,470 )

SHAREHOLDERS' FUNDS			(118,780)		(75,370)

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Auto Works Repair Ltd

Statement of Financial Position (continued)

As At 31 May 2025

For the year ending 31 May 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Y Khammouli

Director

31 May 2026

The notes on pages 4 to 6 form part of these financial statements.

	Share Capital	Income Statement	Total
	£	£	£
As at 1 June 2023	2	(64,452 )	(64,450)
Loss for the year and total comprehensive income	-	(11,018 )	(11,018)

Arising on shares issued during the period	98	-	98

As at 31 May 2024 and 1 June 2024	100	(75,470 )	(75,370)


Loss for the year and total comprehensive income	-	(43,410 )	(43,410)

As at 31 May 2025	100	(118,880 )	(118,780)

1. General Information

Auto Works Repair Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11981355 . The registered office is Unit 6 Chadwick Street, Blackburn, BB2 4AA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical costs basis.

The financial statements are prepared in sterling, which is the functional currency of the company.

Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Going Concern Disclosure

Despite the fact that liabilities exceeded assets at 31 May 2025, the Directors are of the opinion that sufficient funding is available to the Company to enable it to meet its own liabilities as and when they fall due. The accounts have therefore been prepared on a going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	25% straight line
Fixtures & Fittings	20% straight line
Computer Equipment	25% straight line

2.5. Stocks and Work in Progress

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, cost of coversion and other costs incurred in bringing the stock to its present location and condition.

2.6. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised costs.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the profit or loss immediately.

The company only has basic financial instruments.

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Auto Works Repair Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.7. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

2.8. Operating Leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of the lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

3. Average Number of Employees

The average number of persons employed by the company during the period, including directors amounted to: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 June 2024	25,364	24,080	2,447	51,891
Additions	-	-	1,011	1,011

As at 31 May 2025	25,364	24,080	3,458	52,902

Depreciation
As at 1 June 2024	16,888	20,028	1,320	38,236
Provided during the period	4,517	3,985	865	9,367

As at 31 May 2025	21,405	24,013	2,185	47,603

Net Book Value
As at 31 May 2025	3,959	67	1,273	5,299

As at 1 June 2024	8,476	4,052	1,127	13,655

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	11,655	6,049
Other debtors	2,904	4,782
Other taxes and social security	851	-

	15,410	10,831

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Auto Works Repair Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	51,716	30,561
Bank loans and overdrafts	10,835	10,000
Other taxes and social security	-	14,881
Other creditors	100,654	67,479

	163,205	122,921

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	10,835

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	22,500	18,000

	22,500	18,000

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