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Company Registration No. 14084373 (England and Wales)
Redditch Vehicle Recycling Ltd Unaudited accounts for the year ended 31 May 2024
Redditch Vehicle Recycling Ltd Unaudited accounts Contents
Page
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Redditch Vehicle Recycling Ltd Company Information for the year ended 31 May 2024
Director
IAN PARKES
Company Number
14084373 (England and Wales)
Registered Office
Unit 4 Lakeside Trading Centre Beoley Road East Redditch B98 8PE England
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Redditch Vehicle Recycling Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,316 
35,690 
Current assets
Debtors
15,596 
9,405 
Cash at bank and in hand
8,138 
1,050 
23,734 
10,455 
Creditors: amounts falling due within one year
(9,266)
(3,438)
Net current assets
14,468 
7,017 
Total assets less current liabilities
52,784 
42,707 
Creditors: amounts falling due after more than one year
(119,350)
(83,040)
Net liabilities
(66,566)
(40,333)
Capital and reserves
Profit and loss account
(66,566)
(40,333)
Shareholders' funds
(66,566)
(40,333)
For the year 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 director acknowledges his 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 and authorised for issue on 15 February 2025 and were signed on its behalf by
IAN PARKES Director Company Registration No. 14084373
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Redditch Vehicle Recycling Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Redditch Vehicle Recycling Ltd is a private company, limited by shares, registered in England and Wales, registration number 14084373. The registered office is Unit 4 Lakeside Trading Centre, Beoley Road East, Redditch, B98 8PE, England.
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 remained unchanged from the previous year, and also 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
5
Plant & machinery
5
Fixtures & fittings
5
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
5,326 
36,539 
2,755 
44,620 
Additions
- 
14,446 
- 
14,446 
At 31 May 2024
5,326 
50,985 
2,755 
59,066 
Depreciation
At 1 June 2023
1,071 
7,308 
551 
8,930 
Charge for the year
1,071 
10,198 
551 
11,820 
At 31 May 2024
2,142 
17,506 
1,102 
20,750 
Net book value
At 31 May 2024
3,184 
33,479 
1,653 
38,316 
At 31 May 2023
4,255 
29,231 
2,204 
35,690 
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Redditch Vehicle Recycling Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
9,405 
Trade debtors
15,596 
- 
15,596 
9,405 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,652 
2,738 
Trade creditors
3,084 
- 
Taxes and social security
2,830 
- 
Accruals
700 
700 
9,266 
3,438 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
119,350 
83,040 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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