Company Registration No. 6539054 (England and Wales)
Alloys At Autosmart Ltd
Unaudited accounts
for the year ended 31 March 2022
Alloys At Autosmart Ltd
Unaudited accounts
Contents
Alloys At Autosmart Ltd
Company Information
for the year ended 31 March 2022
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 2022
Tangible assets
140,995
151,868
Inventories
20,684
18,574
Cash at bank and in hand
158,108
146,162
Creditors: amounts falling due within one year
(133,395)
(143,415)
Net current assets
192,357
145,938
Total assets less current liabilities
333,352
297,806
Creditors: amounts falling due after more than one year
(39,784)
(50,000)
Provisions for liabilities
Deferred tax
(50,661)
(50,661)
Net assets
242,907
197,145
Called up share capital
10
10
Profit and loss account
242,897
197,135
Shareholders' funds
242,907
197,145
For the year ending 31 March 2022 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 27 September 2022 and were signed on its behalf by
Mr Scott Jones
Director
Company Registration No. 6539054
Alloys At Autosmart Ltd
Notes to the Accounts
for the year ended 31 March 2022
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 2021
494,092
86,915
27,496
608,503
Additions
45,875
-
295
46,170
Disposals
-
(18,717)
-
(18,717)
At 31 March 2022
539,967
68,198
27,791
635,956
At 1 April 2021
383,058
50,158
23,419
456,635
Charge for the year
33,026
4,608
1,082
38,716
On disposals
-
(390)
-
(390)
At 31 March 2022
416,084
54,376
24,501
494,961
At 31 March 2022
123,883
13,822
3,290
140,995
At 31 March 2021
111,034
36,757
4,077
151,868
Amounts falling due within one year
Trade debtors
105,060
95,566
Accrued income and prepayments
41,900
29,051
Alloys At Autosmart Ltd
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
866
14,878
Trade creditors
44,838
40,180
Taxes and social security
41,679
50,790
Other creditors
344
2,155
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 14 (2021: 14).