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Registered number: 06587253






Auto Bits Scrap Metal Limited


ACCOUNTS

FOR THE YEAR ENDED 28/02/2026
























Prepared By:
CES Accountants
27 Milldale Crescent
Wolverhampton
England
WV10 6LP


ACCOUNTS
FOR THE YEAR ENDED 28/02/2026





DIRECTORS
Mr D Harris



SECRETARY
Darren Harris


REGISTERED OFFICE
Autobits Scrap Metal Ltd
Clarkes Lane
Willenhall
West Midlands
WV13 1HY


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06587253



ACCOUNTANTS
CES Accountants
27 Milldale Crescent
Wolverhampton
England
WV10 6LP


ACCOUNTS
FOR THEYEARENDED28/02/2026



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 28/02/2026

			2026		2025
	Notes		£		£

FIXED ASSETS
Tangible assets	3		943,360		1,003,114

CURRENT ASSETS
Stock		16,322		22,116
Debtors	5	1,842,070		1,368,427
Cash at bank and in hand		79,474		134,877
		1,937,866		1,525,420
CREDITORS: Amounts falling due within one year	6	1,581,729		1,342,138
NET CURRENT ASSETS			356,137		183,282
TOTAL ASSETS LESS CURRENT LIABILITIES			1,299,497		1,186,396

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			1,299,397		1,186,296
SHAREHOLDERS' FUNDS			1,299,497		1,186,396

For the year ending 28/02/2026 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/08/2026 and signed on their behalf by



.............................
Mr D Harris
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		%
Commercial Vehicles		%
Fixtures and Fittings		%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




3. TANGIBLE FIXED ASSETS

	Land And	Plant and	Commercial	Fixtures
	Buildings	Machinery	Vehicles	and Fittings	Total
	£	£	£	£	£
Cost
At 01/03/2025	569,228	551,907	103,547	112,557	1,337,239
Additions	-	-	12,500	-	12,500
At 28/02/2026	569,228	551,907	116,047	112,557	1,349,739
Depreciation
At 01/03/2025	-	239,837	63,054	31,234	334,125
For the year	-	46,808	13,248	12,198	72,254
At 28/02/2026	-	286,645	76,302	43,432	406,379
Net Book Amounts
At 28/02/2026	569,228	265,262	39,745	69,125	943,360
At 28/02/2025	569,228	312,070	40,493	81,323	1,003,114




4. STOCK	2026	2025
	£	£
Stock comprises:

Stock	16,322	22,116
	16,322	22,116




5. DEBTORS	2026	2025
	£	£
Amounts falling due within one year
PAYE control	-	1,357
Other debtors	1,842,070	1,367,070
	1,842,070	1,368,427




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2026	2025
	£	£
UK corporation tax	53,991	74,790
VAT	51,056	40,450
PAYE control	378	-
Directors current account	959,840	1,041,885
Trade creditors	501,360	174,753
Pension schemes	104	60
Accruals	15,000	10,200
	1,581,729	1,342,138




7. SHARE CAPITAL	2026	2025
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




2. EMPLOYEES

	2026	2025
	No.	No.
Average number of employees	7	7