C&C SMART REPAIRS LTD

Company Registration Number:
14249551 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

C&C SMART REPAIRS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

C&C SMART REPAIRS LTD

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The company's principal activity during the year continued to be of maintenance and repair of motor vehicles.



Directors

The director shown below has held office during the whole of the period from
1 August 2023 to 31 July 2024

JOHNSON, Scott


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 December 2024

And signed on behalf of the board by:
Name: JOHNSON, Scott
Status: Director

C&C SMART REPAIRS LTD

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 1,138,725 278,532
Cost of sales: ( 789,763 ) ( 247,920 )
Gross profit(or loss): 348,962 30,612
Administrative expenses: ( 94,693 ) ( 28,561 )
Operating profit(or loss): 254,269 2,051
Interest payable and similar charges: ( 179 ) ( 147 )
Profit(or loss) before tax: 254,090 1,904
Tax: ( 1,462 ) ( 1,179 )
Profit(or loss) for the financial year: 252,628 725

C&C SMART REPAIRS LTD

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 17,667 18,715
Total fixed assets: 17,667 18,715
Current assets
Stocks: 4 102,946 0
Debtors: 5 101,957 3,257
Cash at bank and in hand: 69,552 1,497
Total current assets: 274,455 4,754
Creditors: amounts falling due within one year: 6 ( 25,273 ) ( 9,248 )
Net current assets (liabilities): 249,182 (4,494)
Total assets less current liabilities: 266,849 14,221
Creditors: amounts falling due after more than one year: 7 ( 12,795 ) ( 12,795 )
Accruals and deferred income: ( 700 ) ( 700 )
Total net assets (liabilities): 253,354 726
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 253,353 725
Total Shareholders' funds: 253,354 726

The notes form part of these financial statements

C&C SMART REPAIRS LTD

Balance sheet statements

For the year ending 31 July 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.

This report was approved by the board of directors on 20 December 2024
and signed on behalf of the board by:

Name: JOHNSON, Scott
Status: Director

The notes form part of these financial statements

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 1

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 19,870 19,870
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 19,870 19,870
Depreciation
At 1 August 2023 1,155 1,155
Charge for year 1,048 1,048
On disposals
Other adjustments
At 31 July 2024 2,203 2,203
Net book value
At 31 July 2024 17,667 17,667
At 31 July 2023 18,715 18,715

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 102,946 0
Total 102,946 0

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

2024 2023
£ £
Trade debtors 86,263 2,004
Prepayments and accrued income 1,852 856
Other debtors 13,842 397
Total 101,957 3,257

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 17,381 6,816
Taxation and social security 3,656 1,522
Other creditors 4,236 910
Total 25,273 9,248

C&C SMART REPAIRS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 12,795 12,795
Total 12,795 12,795