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Company Registration No. 07693173 (England and Wales)
Paint and Body ARS Ltd Unaudited accounts for the year ended 31 March 2023
Paint and Body ARS Ltd Unaudited accounts Contents
Page
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Paint and Body ARS Ltd Company Information for the year ended 31 March 2023
Director
George Georgiou
Company Number
07693173 (England and Wales)
Registered Office
Unit 6 Chaffinch Business Park Croydon Road Beckenham BR3 4AA
Accountants
Blythe & Co 41 Oldfields Road Sutton Surrey SM1 2NB
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Paint and Body ARS Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,729 
61,356 
Current assets
Inventories
125,575 
143,345 
Debtors
183,386 
135,271 
Cash at bank and in hand
83,024 
111,636 
391,985 
390,252 
Creditors: amounts falling due within one year
(217,857)
(229,406)
Net current assets
174,128 
160,846 
Total assets less current liabilities
237,857 
222,202 
Creditors: amounts falling due after more than one year
(116,712)
(154,971)
Net assets
121,145 
67,231 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
120,845 
66,931 
Shareholders' funds
121,145 
67,231 
For the year ending 31 March 2023 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 17 April 2023 and were signed on its behalf by
George Georgiou Director Company Registration No. 07693173
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Paint and Body ARS Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Paint and Body ARS Ltd is a private company, limited by shares, registered in England and Wales, registration number 07693173. The registered office is Unit 6 Chaffinch Business Park, Croydon Road, Beckenham, BR3 4AA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
4
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 April 2022
66,166 
205,314 
21,586 
358 
293,424 
Additions
11,857 
35,859 
- 
- 
47,716 
Disposals
- 
(146,254)
- 
- 
(146,254)
At 31 March 2023
78,023 
94,919 
21,586 
358 
194,886 
Depreciation
At 1 April 2022
30,656 
180,575 
20,659 
178 
232,068 
Charge for the year
16,053 
12,428 
272 
90 
28,843 
On disposals
- 
(129,754)
- 
- 
(129,754)
At 31 March 2023
46,709 
63,249 
20,931 
268 
131,157 
Net book value
At 31 March 2023
31,314 
31,670 
655 
90 
63,729 
At 31 March 2022
35,510 
24,739 
927 
180 
61,356 
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Paint and Body ARS Ltd Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
183,386 
135,271 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
59,586 
100,006 
Taxes and social security
145,126 
123,569 
Accruals
13,145 
5,831 
217,857 
229,406 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
116,712 
154,971 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
100 Ordinary B Shares of £1 each
100 
100 
100 Ordinary C Shares of £1 each
100 
100 
300 
300 
9
Average number of employees
During the year the average number of employees was 30 (2022: 32).
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