Company Registration No. 05709009 (England and Wales)
Crozier Commercial Vehicle Repair Limited
Unaudited accounts
for the year ended 31 March 2024
Crozier Commercial Vehicle Repair Limited
Unaudited accounts
Contents
Crozier Commercial Vehicle Repair Limited
Company Information
for the year ended 31 March 2024
Company Number
05709009 (England and Wales)
Registered Office
5, Harvester Way
Greasby
Wirral
CH49 2RA
UK
Accountants
Joanne Nock
Accountability
45, Market Street
Hoylake
Wirral
CH47 2BQ
Crozier Commercial Vehicle Repair Limited
Statement of financial position
as at 31 March 2024
Tangible assets
26,118
41,829
Cash at bank and in hand
40,178
50,954
Creditors: amounts falling due within one year
(36,512)
(33,035)
Net current assets
101,662
32,937
Total assets less current liabilities
127,780
82,766
Creditors: amounts falling due after more than one year
(875)
(11,958)
Called up share capital
100
100
Profit and loss account
126,805
70,708
Shareholders' funds
126,905
70,808
For the year ending 31 March 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 28 March 2025 and were signed on its behalf by
David Crozier
Director
Company Registration No. 05709009
Crozier Commercial Vehicle Repair Limited
Notes to the Accounts
for the year ended 31 March 2024
Crozier Commercial Vehicle Repair Limited is a private company, limited by shares, registered in England and Wales, registration number 05709009. The registered office is 5, Harvester Way, Greasby, Wirral, CH49 2RA, UK.
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 remained unchanged from the previous year, and also 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
25% on the reducing balance basis
Motor vehicles
25% on the reducing balance basis
Fixtures & fittings
25% on the reducing balance basis
Computer equipment
25% on the reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Crozier Commercial Vehicle Repair Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
17,681
114,814
5,064
338
137,897
Disposals
-
(11,995)
-
-
(11,995)
At 31 March 2024
18,030
102,819
5,550
338
126,737
At 1 April 2023
14,511
77,475
3,931
151
96,068
Charge for the year
795
2,779
977
-
4,551
At 31 March 2024
15,306
80,254
4,908
151
100,619
At 31 March 2024
2,724
22,565
642
187
26,118
At 31 March 2023
3,170
37,339
1,133
187
41,829
Amounts falling due after more than one year
Trade debtors
27,336
11,399
Accrued income and prepayments
(21,226)
3,619
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
742
1,197
Trade creditors
17,956
5,325
Taxes and social security
1,262
-
Loans from directors
(2,243)
(1,313)
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
875
11,958
Interest is charged at 2% on outstanding loans
10
Average number of employees
During the year the average number of employees was 1 (2023: 2).