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REGISTERED NUMBER: 06034249 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

F.P. AUTO'S BODY REPAIRERS LIMITED

F.P. AUTO'S BODY REPAIRERS LIMITED (REGISTERED NUMBER: 06034249)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

F.P. AUTO'S BODY REPAIRERS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: F G Phillips





SECRETARY: Ms A Phillips





REGISTERED OFFICE: 45a Trinity Road
Hoylake
Wirral
CH47 2BS





REGISTERED NUMBER: 06034249 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

F.P. AUTO'S BODY REPAIRERS LIMITED (REGISTERED NUMBER: 06034249)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,250 7,000
Tangible assets 5 402 536
5,652 7,536

CURRENT ASSETS
Stocks - 849
Cash at bank 4,506 10,122
4,506 10,971
CREDITORS
Amounts falling due within one year 6 57,001 58,583
NET CURRENT LIABILITIES (52,495 ) (47,612 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(46,843

)

(40,076

)

CREDITORS
Amounts falling due after more than one
year

7

12,600

14,400
NET LIABILITIES (59,443 ) (54,476 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (59,543 ) (54,576 )
SHAREHOLDERS' FUNDS (59,443 ) (54,476 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 25 September 2024 and were signed by:





F G Phillips - Director


F.P. AUTO'S BODY REPAIRERS LIMITED (REGISTERED NUMBER: 06034249)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

F.P. AUTO'S BODY REPAIRERS 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.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's director.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 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 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.

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.

F.P. AUTO'S BODY REPAIRERS LIMITED (REGISTERED NUMBER: 06034249)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 4 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 35,000
AMORTISATION
At 1 January 2023 28,000
Charge for year 1,750
At 31 December 2023 29,750
NET BOOK VALUE
At 31 December 2023 5,250
At 31 December 2022 7,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 5,134
DEPRECIATION
At 1 January 2023 4,598
Charge for year 134
At 31 December 2023 4,732
NET BOOK VALUE
At 31 December 2023 402
At 31 December 2022 536

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors - 1,495
Taxation and social security 206 293
Other creditors 56,795 56,795
57,001 58,583

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 12,600 14,400

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

F.P. AUTO'S BODY REPAIRERS LIMITED (REGISTERED NUMBER: 06034249)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. RESERVES
Retained
earnings
£   

At 1 January 2023 (54,576 )
Deficit for the year (4,967 )
At 31 December 2023 (59,543 )

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £56,795 (2021: £54,801) relating to the directors loan account of Mr F G Phillips.

11. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr F G Phillips by virtue of his 100% shareholding within the company.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
F.P. AUTO'S BODY REPAIRERS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of F.P. AUTO'S BODY REPAIRERS LIMITED for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of F.P. AUTO'S BODY REPAIRERS LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of F.P. AUTO'S BODY REPAIRERS LIMITED and state those matters that we have agreed to state to the director of F.P. AUTO'S BODY REPAIRERS LIMITED in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than F.P. AUTO'S BODY REPAIRERS LIMITED and its director for our work or for this report.

It is your duty to ensure that F.P. AUTO'S BODY REPAIRERS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of F.P. AUTO'S BODY REPAIRERS LIMITED. You consider that F.P. AUTO'S BODY REPAIRERS LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of F.P. AUTO'S BODY REPAIRERS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................