5490845falsemotor body work and repairs2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5490845

K. and T. Bodyshop Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

K. and T. Bodyshop Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
Mr K Moffat
SECRETARY
Miss S D Moffat
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5490845
BANKERS
HSBC Bank Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

K. and T. Bodyshop Limited

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

K. and T. Bodyshop Limited

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets256,74247,795
CURRENT ASSETS
Stock61,20061,600
Debtors470,6593,338
Cash at bank and in hand57,183141,463
189,042206,401
CREDITORS: Amounts falling due within one year5104,53697,372
NET CURRENT ASSETS84,506109,029
TOTAL ASSETS LESS CURRENT LIABILITIES141,248156,824
CREDITORS: Amounts falling due after more than one year615,80020,999
PROVISIONS FOR LIABILITIES AND CHARGES7,6665,013
NET ASSETS117,782130,812
CAPITAL AND RESERVES
Called up share capital100100
Profit and loss account117,682130,712
SHAREHOLDERS' FUNDS117,782130,812
For the year ending 30/06/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/03/2024 and signed on their behalf by
.............................
Mr K Moffat
Director

K. and T. Bodyshop Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Computer Equipmentreducing balance 25%
Motor Vehiclesreducing balance 25%
1c. Stocks
Stock and work in progress are valued at the lower of cost and net estimated selling price less selling costs. For parts, cost is based on the weighted average purchase price. For work in progress, cost is taken as production cost which includes an appropriate proportion of attributable overheads.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the despatch of goods or provision of services.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates. Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain.
1f. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1g. Government Grants
Government grants offering immediate financial assistance for Covid-19 are recognised in profit and loss in the year in which they are received.

K. and T. Bodyshop Limited

1h. Leases
Assets held under hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the agreement. Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentMotor VehiclesTotal
££££
Cost
At 01/07/202370,96813,540222,310306,818
Additions--40,80140,801
Disposals--(30,675)(30,675)
At 30/06/202470,96813,540232,436316,944
Depreciation
At 01/07/202367,76211,232180,029259,023
Disposals--(17,734)(17,734)
For the year80157717,53518,913
At 30/06/202468,56311,809179,830260,202
Net Book Amounts
At 30/06/20242,4051,73152,60656,742
At 30/06/20233,2062,30842,28147,795
3. STOCK 20242023
££
Stock comprises:
Stock56,73057,130
Work in progress4,4704,470
61,20061,600
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors69,245-
Prepayments1,4143,338
70,6593,338

K. and T. Bodyshop Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax2,05712,579
VAT22,69711,222
Other tax and social security costs4,1402,199
Directors current account48,81046,844
Bank loans (unsecured)10,0009,747
Hire purchase7,36910,000
Trade creditors7,0632,381
Accruals2,4002,400
104,53697,372
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank Loans (unsecured) >1yr10,74620,999
Hire purchase >1yr5,054-
15,80020,999
7. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured12,42310,000
Hire purchase creditors are secured on the assets to which the liabilities relate.
8. EMPLOYEES
20242023
No.No.
Average number of employees33

K. and T. Bodyshop Limited

9. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 05490845.
The company's registered office is 6 Brunswick Street, Carlisle CA1 1PN.
10. RELATED PARTY TRANSACTIONS
A salary of £9,096 was paid to the director during the year (2023 - £9,096).
Total dividends of £30,000 were paid to the director (2023 - £30,000).
At the balance sheet date a loan of £48,810 was owed by the company to the director (2023 - £46,844). The loan is interest free, unsecured and repayable on demand.