Company Registration No. 12110801 (England and Wales)
Fitzarthur Automotive Ltd
Unaudited filleted accounts
for the year ended 31 July 2022
Fitzarthur Automotive Ltd
Unaudited filleted accounts
Contents
Fitzarthur Automotive Ltd
Company Information
for the year ended 31 July 2022
Company Number
12110801 (England and Wales)
Registered Office
CB Motors
9 Hoop Lane
Golders Green
London
NW11 8JR
ENGLAND
Accountants
AKKS Ltd
174 Mill Lane
London
NW6 1TB
Fitzarthur Automotive Ltd
Statement of financial position
as at 31 July 2022
Intangible assets
94,898
131,498
Tangible assets
27,045
10,569
Cash at bank and in hand
43,588
102,765
Creditors: amounts falling due within one year
(199,348)
(267,615)
Net current liabilities
(79,235)
(90,234)
Total assets less current liabilities
42,708
51,833
Creditors: amounts falling due after more than one year
(38,333)
(48,436)
Called up share capital
1
1
Profit and loss account
4,374
3,396
Shareholders' funds
4,375
3,397
For the year ending 31 July 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 19 December 2022 and were signed on its behalf by
Mark DRESSEKIE
Director
Company Registration No. 12110801
Fitzarthur Automotive Ltd
Notes to the Accounts
for the year ended 31 July 2022
Fitzarthur Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 12110801. The registered office is CB Motors, 9 Hoop Lane, Golders Green, London, NW11 8JR, ENGLAND.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
36,600
Fitzarthur Automotive Ltd
Notes to the Accounts
for the year ended 31 July 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2021
5,560
-
7,694
1,165
14,419
Additions
6,409
15,500
131
-
22,040
At 31 July 2022
11,969
15,500
7,825
1,165
36,459
At 1 August 2021
1,443
-
2,067
340
3,850
Charge for the year
1,147
2,583
1,543
291
5,564
At 31 July 2022
2,590
2,583
3,610
631
9,414
At 31 July 2022
9,379
12,917
4,215
534
27,045
At 31 July 2021
4,117
-
5,627
825
10,569
Amounts falling due within one year
Trade debtors
20,210
18,017
Accrued income and prepayments
13,315
13,599
Amounts falling due after more than one year
Accrued income and prepayments
43,000
43,000
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
12,370
20,517
Taxes and social security
12,641
9,667
Other creditors
130,000
130,000
Loans from directors
20,129
91,985
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 9 (2021: 9).
