Vehicle Dismantlers Limited 08066067 Vehicle dismantlers false 1 June 2022 08066067 2022-06-01 2023-05-31 08066067 2022-05-31 08066067 2023-05-31 08066067 2021-06-01 2022-05-31 08066067 2021-05-31 08066067 2022-05-31 08066067 frs102-bus:FRS102 2022-06-01 2023-05-31 08066067 frs102-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 08066067 frs102-bus:FullAccounts 2022-06-01 2023-05-31 08066067 frs102-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 08066067 frs102-core:CurrentFinancialInstruments 2023-05-31 08066067 frs102-core:CurrentFinancialInstruments 2022-05-31 08066067 frs102-core:Non-currentFinancialInstruments 2023-05-31 08066067 frs102-core:Non-currentFinancialInstruments 2022-05-31 08066067 frs102-core:ShareCapital 2023-05-31 08066067 frs102-core:ShareCapital 2022-05-31 08066067 frs102-core:RetainedEarningsAccumulatedLosses 2023-05-31 08066067 frs102-core:RetainedEarningsAccumulatedLosses 2022-05-31 08066067 frs102-bus:Director1 2022-06-01 2023-05-31 08066067 frs102-core:VehiclesPlantMachinery 2022-06-01 2023-05-31 08066067 frs102-core:LandBuildings 2022-05-31 08066067 frs102-core:VehiclesPlantMachinery 2022-05-31 08066067 frs102-core:LandBuildings 2023-05-31 08066067 frs102-core:VehiclesPlantMachinery 2023-05-31 08066067 frs102-core:LandBuildings 2022-06-01 2023-05-31 08066067 frs102-core:LandBuildings 2022-05-31 08066067 frs102-core:VehiclesPlantMachinery 2022-05-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08066067
Vehicle Dismantlers Limited
Unaudited Accounts
for the year ended
31 May 2023
Vehicle Dismantlers Limited
Balance Sheet
as at 31 May 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 5 197,748 209,685
197,748 209,685
Current assets
Stocks 145,000 40,250
Cash at bank and in hand 191,947 445,585
336,947 485,835
Creditors: amounts falling due within one year 6 (143,555) (291,330)
Net current assets / (liabilities) 193,392 194,505
Total assets less current liabilities 391,140 404,190
Creditors: amounts falling due after more than one year 7 (20,000) (30,000)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 371,140 374,190
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 370,140 373,190
Shareholders' funds 371,140 374,190

Vehicle Dismantlers Limited
Balance Sheet
as at 31 May 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 May 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

R Mcgivern

Director


Approved by the board on 12 February 2024

Company Number: 08066067 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Heath Farm Road
Red Lodge
Bury St Edmunds
Suffolk
IP28 8LG

Vehicle Dismantlers Limited
Notes to the Accounts
for the year ended 31 May 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Vehicles, plant & machinery 20% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2023

2022
£ £
Directors' remuneration 12,584 12,584

3. Taxation
2023 2022
£ £
UK Corporation Tax 11,124 38,444
Tax on profit/(loss) on ordinary activities 11,124 38,444

4. Employees
2023 2022
Average number of employees during the period 20 20

5. Tangible fixed assets
Land & buildings Vehicles, plant & machinery Total
Cost or valuation £ £ £
At 1 June 2022 150,000 241,577 391,577
At 31 May 2023 150,000 241,577 391,577
Depreciation
At 1 June 2022 0 181,892 181,892
Charge for the period 0 11,937 11,937
At 31 May 2023 0 193,829 193,829
Net book value
At 31 May 2023 150,000 47,748 197,748
At 31 May 2022 150,000 59,685 209,685

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank Loans & Overdrafts 10,000 10,000
Taxation & social security 12,854 63,681
Other creditors 120,701 217,649
143,555 291,330

7. Creditors: amounts falling due after one year
2023 2022
£ £
Bank Loans & overdrafts 20,000 30,000
20,000 30,000

8. Dividends
2023 2022
£ £
Total dividend payment 38,000 37,500

9. Borrowings
2023 2022
Creditors repayable in more than five years: £ £
Total 0 0