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REGISTERED NUMBER: 08226703 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

PROTECH CARS LIMITED

PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROTECH CARS LIMITED

Company Information
for the Year Ended 31st March 2024







DIRECTOR: J R Jackson





REGISTERED OFFICE: 89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ





REGISTERED NUMBER: 08226703 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,816 7,755

CURRENT ASSETS
Debtors 5 849 2,251
Cash at bank 22,520 17,010
23,369 19,261
CREDITORS
Amounts falling due within one year 6 24,749 22,185
NET CURRENT LIABILITIES (1,380 ) (2,924 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,436

4,831

CREDITORS
Amounts falling due after more than one
year

7

(1,167

)

(2,167

)

PROVISIONS FOR LIABILITIES (1,105 ) (1,389 )
NET ASSETS 2,164 1,275

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 2,162 1,273
SHAREHOLDERS' FUNDS 2,164 1,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)

Balance Sheet - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th September 2024 and were signed by:





J R Jackson - Director


PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

ProTech Cars 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023
and 31st March 2024 25,444 9,676 2,667 2,569 40,356
DEPRECIATION
At 1st April 2023 21,321 7,315 1,781 2,184 32,601
Charge for year 1,031 590 222 96 1,939
At 31st March 2024 22,352 7,905 2,003 2,280 34,540
NET BOOK VALUE
At 31st March 2024 3,092 1,771 664 289 5,816
At 31st March 2023 4,123 2,361 886 385 7,755

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 849 2,251

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,000 1,000
Trade creditors 8,673 8,513
Taxation and social security 13,207 10,808
Other creditors 1,869 1,864
24,749 22,185

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,167 2,167

PROTECH CARS LIMITED (REGISTERED NUMBER: 08226703)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
J R Jackson
Balance outstanding at start of year 64 16
Amounts advanced 19,062 17,812
Amounts repaid (19,082 ) (17,764 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44 64

9. ULTIMATE CONTROLLING PARTY

The controlling party is J R Jackson.