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REGISTERED NUMBER: 01317294












Report of the Director and

Financial Statements

for the Year Ended 31 March 2024

for

F. B. Coachworks Limited

F. B. Coachworks Limited (Registered number: 01317294)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


F. B. Coachworks Limited

Company Information
for the year ended 31 March 2024







DIRECTOR: S BELLANCA





SECRETARY:





REGISTERED OFFICE: 6-8 Walton Road
East Molesey
Surrey
KT8 0DF





REGISTERED NUMBER: 01317294





ACCOUNTANTS: Sue Huntley
8 Brockham Grange
Sherfield on Loddon
Hook
Hampshire
RG27 0FT

F. B. Coachworks Limited (Registered number: 01317294)

Report of the Director
for the year ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

DIVIDENDS
No dividends will be distributed for the year ended 31 March 2024.

DIRECTOR
S BELLANCA held office during the whole of the period from 1 April 2023 to the date of this report.

ON BEHALF OF THE BOARD:





S BELLANCA - Director


20 December 2024

F. B. Coachworks Limited (Registered number: 01317294)

Income Statement
for the year ended 31 March 2024

2024 2023
Notes £    £    £    £   

TURNOVER 513,940 423,481

Cost of sales 343,336 327,286
GROSS PROFIT 170,604 96,195

Distribution costs 3,327 3,151
Administrative expenses 152,551 163,158
155,878 166,309
OPERATING PROFIT/(LOSS) 4 14,726 (70,114 )


Interest payable and similar expenses 8,103 9,705
PROFIT/(LOSS) BEFORE TAXATION 6,623 (79,819 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

6,623

(79,819

)

F. B. Coachworks Limited (Registered number: 01317294)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,567 2,090

CURRENT ASSETS
Debtors 6 74,049 55,795
Cash at bank - 3
74,049 55,798
CREDITORS
Amounts falling due within one year 7 152,060 140,955
NET CURRENT LIABILITIES (78,011 ) (85,157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(76,444

)

(83,067

)

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve (29,957 ) (29,957 )
Retained earnings (46,537 ) (53,160 )
SHAREHOLDERS' FUNDS (76,444 ) (83,067 )

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

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

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 December 2024 and were signed by:





S BELLANCA - Director


F. B. Coachworks Limited (Registered number: 01317294)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

F. B. Coachworks Limited is a private company, limited by shares , registered in Not specified/Other. 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 etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 6 (2023 - 6 ) .

F. B. Coachworks Limited (Registered number: 01317294)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 523 696

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 32,703
DEPRECIATION
At 1 April 2023 30,613
Charge for year 523
At 31 March 2024 31,136
NET BOOK VALUE
At 31 March 2024 1,567
At 31 March 2023 2,090

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 34,624 6,391
Other debtors 39,425 49,404
74,049 55,795

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,234 16,895
Trade creditors 23,530 45,375
Taxation and social security 125,296 78,685
152,060 140,955