AUTOTRONIX LTD


Director	HAWES, Fitzroy Anthony


Registered Address	206 London Road
	Bedford
	MK42 0PT


Registered Number	04365278 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		253,191		250,745
			253,191		250,745
Current assets
Stocks	4	112,650		110,000
Debtors		51,829		36,151
Cash at bank and on hand		14,915		13,882
		179,394		160,033
Prepayments and accrued income		2,016		-
Creditors amounts falling due within one year	5	(137,287)		(125,567)
Net current assets (liabilities)			44,123		34,466
Total assets less current liabilities			297,314		285,211
Creditors amounts falling due after one year	6		(207,476)		(206,634)
Net assets			89,838		78,577
Capital and reserves
Called up share capital			2		2
Profit and loss account			89,836		78,575
Shareholders' funds			89,838		78,577

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 October 2026, and are signed on its behalf by:

HAWES, Fitzroy Anthony
Director
Registered Company No. 04365278

AUTOTRONIX LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue 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 transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue 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 transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		6

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 February 25	253,800	7,237	42,426	7,336	2,031	312,830
Additions	-	-	3,750	-	133	3,883
At 31 January 26	253,800	7,237	46,176	7,336	2,164	316,713
Depreciation and impairment
At 01 February 25	8,800	7,183	38,074	6,844	1,184	62,085
Charge for year	-	13	1,089	123	212	1,437
At 31 January 26	8,800	7,196	39,163	6,967	1,396	63,522
Net book value
At 31 January 26	245,000	41	7,013	369	768	253,191
At 31 January 25	245,000	54	4,352	492	847	250,745

4.	Stocks

	2026	2025
	£	£
Other stocks	112,650	110,000
Total	112,650	110,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	13,643	11,436
Bank borrowings and overdrafts	108,376	96,597
Taxation and social security	13,682	15,948
Accrued liabilities and deferred income	1,586	1,586
Total	137,287	125,567


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	183,057	190,193
Amounts owed to related parties	2,450	1,500
Other creditors	21,969	14,941
Total	207,476	206,634