ABBOTTS CAR REPAIRS LIMITED

Company Registration Number:
03818640 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

ABBOTTS CAR REPAIRS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

ABBOTTS CAR REPAIRS LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 88,590 71,060
Total fixed assets: 88,590 71,060
Current assets
Stocks: 4,717 5,247
Debtors:   532,864 2,620,302
Cash at bank and in hand: 251,960 80,939
Investments:   750,000 750,000
Total current assets: 1,539,541 3,456,488
Creditors: amounts falling due within one year:   (929,588) (1,251,087)
Net current assets (liabilities): 609,953 2,205,401
Total assets less current liabilities: 698,543 2,276,461
Provision for liabilities: (10,683) (10,683)
Total net assets (liabilities): 687,860 2,265,778
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4(250,000)(250,000)
Other reserves: 2 2
Profit and loss account: 937,758 2,515,676
Shareholders funds: 687,860 2,265,778

The notes form part of these financial statements

ABBOTTS CAR REPAIRS LIMITED

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: O Chapman
Status: Director

The notes form part of these financial statements

ABBOTTS CAR REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ABBOTTS CAR REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 23 23

ABBOTTS CAR REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 173,212
Additions 28,583
At 31 August 2024 201,795
Depreciation
At 01 September 2023 102,152
Charge for year 11,053
At 31 August 2024 113,205
Net book value
At 31 August 2024 88,590
At 31 August 2023 71,060

ABBOTTS CAR REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Revaluation reserve

2024
£
Balance at 01 September 2023 (250,000)
Surplus or deficit after revaluation 0
Balance at 31 August 2024 (250,000)