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REGISTERED NUMBER: 04809764 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 27 July 2023

for

Crash Car Body Repairs Limited

Crash Car Body Repairs Limited (Registered number: 04809764)






Contents of the Financial Statements
for the Year Ended 27 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Crash Car Body Repairs Limited

Company Information
for the Year Ended 27 July 2023







DIRECTOR: Miss E Sweet





REGISTERED OFFICE: 14a Forest Gate
Pewsham
Chippenham
Wiltshire
SN15 3RS





REGISTERED NUMBER: 04809764 (England and Wales)

Crash Car Body Repairs Limited (Registered number: 04809764)

Balance Sheet
27 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,293 136,459

CURRENT ASSETS
Stocks 5 20,000 20,000
Debtors 6 344,632 247,349
Cash at bank and in hand 215,172 239,033
579,804 506,382
CREDITORS
Amounts falling due within one year 7 152,708 189,285
NET CURRENT ASSETS 427,096 317,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

553,389

453,556

CREDITORS
Amounts falling due after more than one
year

8

(18,456

)

(27,684

)

PROVISIONS FOR LIABILITIES (7,295 ) (9,178 )
NET ASSETS 527,638 416,694

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 527,538 416,594
SHAREHOLDERS' FUNDS 527,638 416,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2024 and were signed by:





Miss E Sweet - Director


Crash Car Body Repairs Limited (Registered number: 04809764)

Notes to the Financial Statements
for the Year Ended 27 July 2023

1. STATUTORY INFORMATION

Crash Car Body Repairs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on straight line basis
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

Crash Car Body Repairs Limited (Registered number: 04809764)

Notes to the Financial Statements - continued
for the Year Ended 27 July 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 28 July 2022 10,250 123,135 177,549
Additions - - 2,850
At 27 July 2023 10,250 123,135 180,399
DEPRECIATION
At 28 July 2022 - 36,459 149,835
Charge for year - 2,463 7,641
At 27 July 2023 - 38,922 157,476
NET BOOK VALUE
At 27 July 2023 10,250 84,213 22,923
At 27 July 2022 10,250 86,676 27,714

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 28 July 2022 6,487 30,050 8,931 356,402
Additions - - - 2,850
At 27 July 2023 6,487 30,050 8,931 359,252
DEPRECIATION
At 28 July 2022 5,626 20,713 7,310 219,943
Charge for year 172 2,334 406 13,016
At 27 July 2023 5,798 23,047 7,716 232,959
NET BOOK VALUE
At 27 July 2023 689 7,003 1,215 126,293
At 27 July 2022 861 9,337 1,621 136,459

5. STOCKS
2023 2022
£    £   
Stocks 20,000 20,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 215,600 118,886
Other debtors 126,486 124,803
Prepayments 2,546 3,660
344,632 247,349

Crash Car Body Repairs Limited (Registered number: 04809764)

Notes to the Financial Statements - continued
for the Year Ended 27 July 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 52,527 80,588
Tax 41,960 28,171
Social security and other taxes 4,049 6,077
VAT 32,413 43,682
Other creditors 6,746 6,798
Directors' current accounts 379 11,246
Accrued expenses 3,986 2,075
152,708 189,285

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,648 10,648
Bank loans - 2-5 years 7,808 17,036
18,456 27,684

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 5,864 28,307
Between one and five years - 5,864
5,864 34,171

10. ULTIMATE CONTROLLING PARTY

The controlling party is Miss E Sweet.