18 May 2023 false No description of principal activity Taxfiler 2024.6 14879241business:PrivateLimitedCompanyLtd2023-05-182024-05-31 148792412023-05-17 148792412023-05-182024-05-31 14879241business:AuditExempt-NoAccountantsReport2023-05-182024-05-31 14879241business:FilletedAccounts2023-05-182024-05-31 148792412024-05-31 14879241business:Director12023-05-182024-05-31 14879241business:Director22023-05-182024-05-31 14879241business:CompanySecretary12023-05-182024-05-31 14879241business:RegisteredOffice2023-05-182024-05-31 14879241core:WithinOneYear2024-05-31 14879241core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14879241core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 14879241core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14879241core:PreviouslyStatedAmount2024-05-31 14879241business:SmallEntities2023-05-182024-05-31 14879241countries:EnglandWales2023-05-182024-05-31 14879241core:LandBuildings2023-05-182024-05-31 14879241core:PlantMachinery2023-05-182024-05-31 14879241core:MotorVehicles2023-05-182024-05-31 14879241core:FurnitureFittings2023-05-182024-05-31 14879241core:ComputerEquipment2023-05-182024-05-31 14879241core:LandBuildings2023-05-17 14879241core:PlantMachinery2023-05-17 14879241core:MotorVehicles2023-05-17 14879241core:FurnitureFittings2023-05-17 14879241core:ComputerEquipment2023-05-17 14879241core:LandBuildings2024-05-31 14879241core:PlantMachinery2024-05-31 14879241core:MotorVehicles2024-05-31 14879241core:FurnitureFittings2024-05-31 14879241core:ComputerEquipment2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14879241 (England and Wales)
Bressingham Car Bodyshop Ltd Unaudited accounts for the period from 18 May 2023 to 31 May 2024
Bressingham Car Bodyshop Ltd Unaudited accounts Contents
Page
- 2 -
Bressingham Car Bodyshop Ltd Company Information for the period from 18 May 2023 to 31 May 2024
Directors
James Youngman Sarah Youngman
Secretary
Sarah Youngman
Company Number
14879241 (England and Wales)
Registered Office
Unit 1 Airfield Road Fersfield Diss Norfolk IP22 2FF
Accountants
Ace Tax and Accountancy Services Ltd DBH6 Diss Business Hub Diss Business Park Diss Norfolk IP22 4GT
- 3 -
Bressingham Car Bodyshop Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
241,152 
Current assets
Inventories
500 
Debtors
27,116 
Cash at bank and in hand
70,251 
97,867 
Creditors: amounts falling due within one year
(101,535)
Net current liabilities
(3,668)
Total assets less current liabilities
237,484 
Provisions for liabilities
Deferred tax
(46,255)
Net assets
191,229 
Capital and reserves
Called up share capital
100 
Share premium
155,441 
Profit and loss account
35,688 
Shareholders' funds
191,229 
For the period ending 31 May 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 23 January 2025 and were signed on its behalf by
James Youngman Director Company Registration No. 14879241
- 4 -
Bressingham Car Bodyshop Ltd Notes to the Accounts for the period from 18 May 2023 to 31 May 2024
1
Statutory information
Bressingham Car Bodyshop Ltd is a private company, limited by shares, registered in England and Wales, registration number 14879241. The registered office is Unit 1 Airfield Road, Fersfield, Diss, Norfolk, IP22 2FF.
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 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:
Land & buildings
0%
Plant & machinery
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Bressingham Car Bodyshop Ltd Notes to the Accounts for the period from 18 May 2023 to 31 May 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 18 May 2023
- 
- 
- 
- 
- 
- 
Additions
51,140 
117,428 
77,350 
14,721 
3,251 
263,890 
At 31 May 2024
51,140 
117,428 
77,350 
14,721 
3,251 
263,890 
Depreciation
Charge for the period
- 
10,349 
9,824 
2,208 
357 
22,738 
At 31 May 2024
- 
10,349 
9,824 
2,208 
357 
22,738 
Net book value
At 31 May 2024
51,140 
107,079 
67,526 
12,513 
2,894 
241,152 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
27,116 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
4,899 
Trade creditors
63,072 
Taxes and social security
8,135 
Other creditors
16,587 
Loans from directors
8,242 
Accruals
600 
101,535 
7
Average number of employees
During the period the average number of employees was 4.
- 6 -