Company Registration No. 6539054 (England and Wales)
Alloys At Autosmart Ltd
Unaudited accounts
for the year ended 31 March 2019
Alloys At Autosmart Ltd
Unaudited accounts
Contents
Alloys At Autosmart Ltd
Company Information
for the year ended 31 March 2019
Directors
Mr Scott Jones
Mr Michael Jones
Secretary
Mr Michael Jones
Company Number
6539054 (England and Wales)
Registered Office
Unit 8 Callenders
Paddington Drive
Swindon
Wiltshire
SN5 7YW
United Kingdom
Alloys At Autosmart Ltd
Statement of financial position
as at
31 March 2019
Tangible assets
259,177
188,828
Inventories
17,920
15,000
Cash at bank and in hand
93,697
72,184
Creditors: amounts falling due within one year
(189,847)
(197,338)
Net current assets
22,456
50,963
Total assets less current liabilities
281,633
239,791
Creditors: amounts falling due after more than one year
(55,580)
(40,674)
Provisions for liabilities
Deferred tax
(50,661)
(50,661)
Net assets
175,392
148,456
Called up share capital
10
10
Profit and loss account
175,382
148,446
Shareholders' funds
175,392
148,456
For the year ending 31 March 2019 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 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.
Approved by the Board on 31 October 2019.
Mr Scott Jones
Director
Company Registration No. 6539054
Alloys At Autosmart Ltd
Notes to the Accounts
for the year ended 31 March 2019
Alloys At Autosmart Ltd is a private company, limited by shares, registered in England and Wales, registration number 6539054. The registered office is Unit 8 Callenders, Paddington Drive, Swindon, Wiltshire, SN5 7YW, United Kingdom.
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 year, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2018
464,590
66,681
33,485
564,756
Additions
112,054
23,417
534
136,005
At 31 March 2019
576,644
90,098
34,019
700,761
At 1 April 2018
317,694
34,875
23,359
375,928
Charge for the year
52,902
10,139
2,615
65,656
At 31 March 2019
370,596
45,014
25,974
441,584
At 31 March 2019
206,048
45,084
8,045
259,177
At 31 March 2018
146,896
31,806
10,126
188,828
Finished goods
17,920
15,000
Alloys At Autosmart Ltd
Notes to the Accounts
for the year ended 31 March 2019
Trade debtors
85,480
118,451
Accrued income and prepayments
15,206
15,207
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
1,458
-
Obligations under finance leases and hire purchase contracts
25,271
64,203
Trade creditors
86,890
66,631
Taxes and social security
70,481
66,504
8
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
55,580
40,674
9
Average number of employees
During the year the average number of employees was 14 (2018: 14).