PAUL FREEMAN MOTOR SERVICES LIMITED

Company Registration Number:
02357999 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PAUL FREEMAN MOTOR SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

PAUL FREEMAN MOTOR SERVICES LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Paul Freeman
Registered office: 7
Otter Close
Winyates Green
Redditch
Worcestershire
B98 0SJ
Company Registration Number: 02357999 (England and Wales)

PAUL FREEMAN MOTOR SERVICES LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Motor vehicle engineers and repairers.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Paul Freeman

This report was approved by the board of directors on 30 July 2024
And Signed On Behalf Of The Board By:

Name: Paul Freeman
Status: Director

PAUL FREEMAN MOTOR SERVICES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 607 1,607
Total fixed assets: 607 1,607
Current assets
Stocks: 5,173 5,983
Debtors: 808 583
Cash at bank and in hand: 14,212 24,727
Total current assets: 20,193 31,293
Creditors: amounts falling due within one year: ( 5,076 ) ( 10,885 )
Net current assets (liabilities): 15,117 20,408
Total assets less current liabilities: 15,724 22,015
Total net assets (liabilities): 15,724 22,015

The notes form part of these financial statements

PAUL FREEMAN MOTOR SERVICES LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 15,624 21,915
Shareholders funds: 15,724 22,015

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 July 2024
And Signed On Behalf Of The Board By:

Name: Paul Freeman
Status: Director

The notes form part of these financial statements

PAUL FREEMAN MOTOR SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAUL FREEMAN MOTOR SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

PAUL FREEMAN MOTOR SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

PAUL FREEMAN MOTOR SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 2,000 10,000

PAUL FREEMAN MOTOR SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible Assets

Total
Cost £
At 01 April 2023 32,052
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2024 32,052
Depreciation
At 01 April 2023 30,445
Charge for year 1,000
On disposals -
Other adjustments -
At 31 March 2024 31,445
Net book value
At 31 March 2024 607
At 31 March 2023 1,607