Company Registration No. 07990209 (England and Wales)
DA MARIO AUTOS LTD
Unaudited accounts
for the period from 30 March 2024 to 28 March 2025
DA MARIO AUTOS LTD
Unaudited accounts
Contents
DA MARIO AUTOS LTD
Company Information
for the period from 30 March 2024 to 28 March 2025
Director
Mr. Franco Salvatore Fraulo
Company Number
07990209 (England and Wales)
Registered Office
20 PINE GROVE
LONDON
N4 3LL
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
DA MARIO AUTOS LTD
Statement of financial position
as at 28 March 2025
Tangible assets
7,619
2,923
Cash at bank and in hand
32,570
42,101
Creditors: amounts falling due within one year
(26,814)
(28,331)
Net current assets
9,444
17,339
Total assets less current liabilities
17,063
20,262
Creditors: amounts falling due after more than one year
(16,038)
(19,954)
Called up share capital
100
100
Profit and loss account
925
208
Shareholders' funds
1,025
308
For the period ending 28 March 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.
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 12 August 2026 and were signed on its behalf by
Mr. Franco Salvatore Fraulo
Director
Company Registration No. 07990209
DA MARIO AUTOS LTD
Notes to the Accounts
for the period from 30 March 2024 to 28 March 2025
DA MARIO AUTOS LTD is a private company, limited by shares, registered in England and Wales, registration number 07990209. The registered office is 20 PINE GROVE, LONDON, N4 3LL.
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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
15% Reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
DA MARIO AUTOS LTD
Notes to the Accounts
for the period from 30 March 2024 to 28 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 30 March 2024
5,960
5,345
11,305
At 28 March 2025
13,110
5,345
18,455
At 30 March 2024
3,672
4,710
8,382
Charge for the period
2,359
95
2,454
At 28 March 2025
6,031
4,805
10,836
At 28 March 2025
7,079
540
7,619
At 29 March 2024
2,288
635
2,923
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,800
4,800
Taxes and social security
20,887
20,510
Loans from directors
447
676
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
At the balance sheet date, where the director held controlling interest, the company owed the director £447.
The controlling party is that of the director as he holds all of the issued share capital of the company.
10
Average number of employees
During the period the average number of employees was 2 (2024: 2).