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Company Registration No. 07109402 (England and Wales)
Arena Motor Repairs Limited Unaudited accounts for the year ended 31 March 2024
Arena Motor Repairs Limited Unaudited accounts Contents
Page
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Arena Motor Repairs Limited Company Information for the year ended 31 March 2024
Directors
Mr Harjinder Jutla Mr A Hall
Company Number
07109402 (England and Wales)
Registered Office
UNIT 17 ROWLEYS GREEN INDUSTRIAL ESTATE ROWLEYS GREEN LANE COVENTRY CV6 6AN
Accountants
CBAccountancy Ltd G6 - Enterprise House Coutaulds Way Coventry West Midlands CV6 5NX
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Arena Motor Repairs Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,987 
31,510 
Current assets
Inventories
20,200 
18,625 
Debtors
21,537 
4,081 
Cash at bank and in hand
29,447 
36,042 
71,184 
58,748 
Creditors: amounts falling due within one year
(76,426)
(63,848)
Net current liabilities
(5,242)
(5,100)
Total assets less current liabilities
24,745 
26,410 
Creditors: amounts falling due after more than one year
(10,842)
(10,813)
Net assets
13,903 
15,597 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,803 
15,497 
Shareholders' funds
13,903 
15,597 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Mr Harjinder Jutla Director Company Registration No. 07109402
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Arena Motor Repairs Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Arena Motor Repairs Limited is a private company, limited by shares, registered in England and Wales, registration number 07109402. The registered office is UNIT 17 ROWLEYS GREEN INDUSTRIAL ESTATE, ROWLEYS GREEN LANE, COVENTRY, CV6 6AN.
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 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
81,613 
2,670 
25,482 
1,750 
111,515 
Additions
2,500 
- 
100 
- 
2,600 
At 31 March 2024
84,113 
2,670 
25,582 
1,750 
114,115 
Depreciation
At 1 April 2023
54,957 
1,568 
23,042 
438 
80,005 
Charge for the year
2,890 
276 
629 
328 
4,123 
At 31 March 2024
57,847 
1,844 
23,671 
766 
84,128 
Net book value
At 31 March 2024
26,266 
826 
1,911 
984 
29,987 
At 31 March 2023
26,656 
1,102 
2,440 
1,312 
31,510 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,544 
3,653 
Accrued income and prepayments
3,790 
- 
Other debtors
1,203 
428 
21,537 
4,081 
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Arena Motor Repairs Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5,029 
VAT
2,779 
1,130 
Trade creditors
12,852 
13,782 
Taxes and social security
1,621 
245 
Loans from directors
59,174 
43,662 
76,426 
63,848 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,842 
10,813 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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