1 May 2023 false No description of principal activity Taxfiler 2024.5 08048512business:PrivateLimitedCompanyLtd2023-05-012024-04-30 080485122023-04-30 080485122023-05-012024-04-30 08048512business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 08048512business:FilletedAccounts2023-05-012024-04-30 080485122024-04-30 08048512business:Director12023-05-012024-04-30 08048512business:RegisteredOffice2023-05-012024-04-30 080485122023-04-30 08048512core:WithinOneYear2024-04-30 08048512core:WithinOneYear2023-04-30 08048512core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 08048512core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 08048512core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 08048512core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 08048512core:PreviouslyStatedAmount2024-04-30 08048512core:PreviouslyStatedAmount2023-04-30 08048512business:SmallEntities2023-05-012024-04-30 08048512countries:EnglandWales2023-05-012024-04-30 08048512core:PlantMachinery2023-04-30 08048512core:PlantMachinery2024-04-30 08048512core:PlantMachinery2023-05-012024-04-30 080485122022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 08048512 (England and Wales)
ACCIDENT REPAIR SOLUTIONS LIMITED Unaudited accounts for the year ended 30 April 2024
ACCIDENT REPAIR SOLUTIONS LIMITED Unaudited accounts Contents
Page
- 2 -
ACCIDENT REPAIR SOLUTIONS LIMITED Company Information for the year ended 30 April 2024
Director
Linas Rakauskas
Company Number
08048512 (England and Wales)
Registered Office
M8 GEAR HOUSE 3/4 RAILWAY STREET GREAT BRIDGE TIPTON WEST MIDLANDS DY4 7AD
Accountants
Eurofirma Ltd 59 Devons Road London E3 3DW
- 3 -
ACCIDENT REPAIR SOLUTIONS LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,483 
1,809 
Current assets
Debtors
571 
867 
Cash at bank and in hand
3,905 
4,456 
4,476 
5,323 
Creditors: amounts falling due within one year
(42,288)
(20,250)
Net current liabilities
(37,812)
(14,927)
Net liabilities
(36,329)
(13,118)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(36,429)
(13,218)
Shareholders' funds
(36,329)
(13,118)
For the year ending 30 April 2024 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 2 September 2024 and were signed on its behalf by
Linas Rakauskas Director Company Registration No. 08048512
- 4 -
ACCIDENT REPAIR SOLUTIONS LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
ACCIDENT REPAIR SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08048512. The registered office is M8 GEAR HOUSE, 3/4 RAILWAY STREET GREAT BRIDGE, TIPTON, WEST MIDLANDS, DY4 7AD.
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
16,639 
At 30 April 2024
16,639 
Depreciation
At 1 May 2023
14,830 
Charge for the year
326 
At 30 April 2024
15,156 
Net book value
At 30 April 2024
1,483 
At 30 April 2023
1,809 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
303 
581 
Accrued income and prepayments
168 
186 
Other debtors
100 
100 
571 
867 
- 5 -
ACCIDENT REPAIR SOLUTIONS LIMITED Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,947 
16,652 
Trade creditors
1,153 
1,551 
Loans from directors
26,670 
2,047 
Accruals
518 
- 
42,288 
20,250 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -