VEHICLE REFINISHING SUPPLIES LIMITED

Company Registration Number:
04560861 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

VEHICLE REFINISHING SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

VEHICLE REFINISHING SUPPLIES LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 2,500 2,500
Tangible assets: 4 62,676 38,335
Total fixed assets: 65,176 40,835
Current assets
Stocks: 188,527 197,317
Debtors:   118,663 181,646
Cash at bank and in hand: 283,210 195,713
Total current assets: 590,400 574,676
Creditors: amounts falling due within one year:   (99,611) (106,435)
Net current assets (liabilities): 490,789 468,241
Total assets less current liabilities: 555,965 509,076
Total net assets (liabilities): 555,965 509,076
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 555,865 508,976
Shareholders funds: 555,965 509,076

The notes form part of these financial statements

VEHICLE REFINISHING SUPPLIES LIMITED

Balance sheet statements

For the year ending 31 January 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2024
and signed on behalf of the board by:

Name: T.L. PEACE
Status: Director

The notes form part of these financial statements

VEHICLE REFINISHING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

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

VEHICLE REFINISHING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 11 10

VEHICLE REFINISHING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible Assets

Total
Cost £
At 01 February 2023 2,500
At 31 January 2024 2,500
Amortisation
At 01 February 2023 0
At 31 January 2024 0
Net book value
At 31 January 2024 2,500
At 31 January 2023 2,500

VEHICLE REFINISHING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 191,255
Additions 55,934
Disposals (30,265)
At 31 January 2024 216,924
Depreciation
At 01 February 2023 152,920
Charge for year 26,401
On disposals (25,073)
At 31 January 2024 154,248
Net book value
At 31 January 2024 62,676
At 31 January 2023 38,335