Company Registration No. 08508248 (England and Wales)
Auto Investments UK (AIUK) Limited
Filleted accounts
for the year ended 30 April 2019
Auto Investments UK (AIUK) Limited
Filleted accounts
Contents
Auto Investments UK (AIUK) Limited
Company Information
for the year ended 30 April 2019
Company Number
08508248 (England and Wales)
Registered Office
45 Bakewell Street
Leicester
LE2 0FF
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Auto Investments UK (AIUK) Limited
Statement of financial position
as at 30 April 2019
Cash at bank and in hand
4,522
5,330
Creditors: amounts falling due within one year
(16,908)
(32,320)
Net current assets
76,748
71,010
Total assets less current liabilities
76,748
71,010
Creditors: amounts falling due after more than one year
(48,750)
(48,750)
Called up share capital
100
100
Profit and loss account
27,898
22,160
Shareholders' funds
27,998
22,260
For the year ending 30 April 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 January 2020.
A Makda
Director
Company Registration No. 08508248
Auto Investments UK (AIUK) Limited
Notes to the Accounts
for the year ended 30 April 2019
Auto Investments UK (AIUK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08508248. The registered office is 45 Bakewell Street , Leicester, LE2 0FF.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Finished goods
79,134
88,000
Other debtors
10,000
10,000
Auto Investments UK (AIUK) Limited
Notes to the Accounts
for the year ended 30 April 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
5,932
1,344
Other creditors
10,000
30,000
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
48,750
48,750
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2018: 2).
