Registered Number
:
09303439
|
For the year ended 30 November 2021
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2021
AL Coachworks Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
AL Coachworks Ltd
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
923
108
2
923
108
Trade and other receivables
|
41,803
26,551
3
1,131
Cash and cash equivalents
|
38
26,589
42,934
Trade and other payables
:
amounts falling due within one
|
year
|
(42,976)
(52,443)
4
(42)
(25,854)
Net current liabilities
Total assets less current liabilities
|
(24,931)
66
Trade and other payables
:
amounts falling due after more
|
than one year
|
(20,000)
(24,936)
5
(175)
(21)
Provisions for liabilities
|
(50,042)
Net liabilities
(19,955)
1
1
(50,043)
(19,956)
(50,042)
(19,955)
Shareholders' funds
For the year ended 30 November 2021 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 of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 25 November 2022 and were signed by:
|
1 of 5
For the year ended 30 November 2021
AL Coachworks Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 November 2021
AL Coachworks Ltd
Notes to the Financial Statements
Statutory Information
AL Coachworks Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
09303439
.
|
Unit D2, Bunkers Hill Farm, Reading Road,
Rotherwick
Hook
Hampshire
RG27 9DA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the point of completion of a vehicle repair and upon the invoice being raised to the customer.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
Going concern
AL Coachworks Ltd is considered to be a going concern
,
despite continued losses
,
as it is financially supported by its
|
director and shareholder
,
who continues to pay any liabilities the company may have
.
It is still trading and the
|
director has access to personal funds to support the company until the company
'
s retained earnings deficit has been
|
cleared
.
|
3 of 5
For the year ended 30 November 2021
AL Coachworks Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
5,458
1,229
6,687
Provision for depreciation and impairment
|
5,350
Charge for year
414
5,764
923
108
3
.
Trade and other receivables
|
2020
2021
194
7,427
26,357
34,376
41,803
26,551
4
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
10,659
-
7,276
7,021
Taxation and social security
|
9,148
15,708
25,360
20,247
52,443
42,976
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
24,936
20,000
4 of 5
For the year ended 30 November 2021
AL Coachworks Ltd
Notes to the Financial Statements Continued
6
.
Average number of persons employed
|
During the year the average number of employees was 4 (2020 : 5).
5 of 5