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
Bressingham Car Bodyshop Ltd
Company Information
for the period from 18 May 2023 to 31 May 2024
Directors
James Youngman
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
Bressingham Car Bodyshop Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
70,251
Creditors: amounts falling due within one year
(101,535)
Net current liabilities
(3,668)
Total assets less current liabilities
237,484
Provisions for liabilities
Called up share capital
100
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
Bressingham Car Bodyshop Ltd
Notes to the Accounts
for the period from 18 May 2023 to 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
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.
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
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
At 31 May 2024
51,140
107,079
67,526
12,513
2,894
241,152
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
8,135
Loans from directors
8,242
7
Average number of employees
During the period the average number of employees was 4.