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REGISTERED NUMBER: 09926994 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BEWDLEY AUTO SERVICES LIMITED

BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BEWDLEY AUTO SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J A Carpenter
B R J Carpenter





SECRETARY:





REGISTERED OFFICE: 34 Waterloo Road
Wolverhampton
West midlands
West Midlands
WV1 4DG





REGISTERED NUMBER: 09926994 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 43,750 50,000
Tangible assets 5 488,513 484,761
Investment property 6 206,288 206,288
738,551 741,049

CURRENT ASSETS
Stocks - 2,000
Debtors 7 12,711 6,926
Cash at bank 27,879 30,540
40,590 39,466
CREDITORS
Amounts falling due within one year 8 91,430 97,453
NET CURRENT LIABILITIES (50,840 ) (57,987 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

687,711

683,062

CREDITORS
Amounts falling due after more than one
year

9

(608,059

)

(615,729

)

PROVISIONS FOR LIABILITIES (17,038 ) (17,038 )
NET ASSETS 62,614 50,295

CAPITAL AND RESERVES
Called up share capital 10 2 2
Fair value reserve 11 72,635 72,635
Retained earnings (10,023 ) (22,342 )
SHAREHOLDERS' FUNDS 62,614 50,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:




J A Carpenter - Director



B R J Carpenter - Director


BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Bewdley Auto Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of sixteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 100,000
AMORTISATION
At 1 January 2024 50,000
Charge for year 6,250
At 31 December 2024 56,250
NET BOOK VALUE
At 31 December 2024 43,750
At 31 December 2023 50,000

BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 450,000 65,678 515,678
Additions - 11,100 11,100
At 31 December 2024 450,000 76,778 526,778
DEPRECIATION
At 1 January 2024 - 30,917 30,917
Charge for year - 7,348 7,348
At 31 December 2024 - 38,265 38,265
NET BOOK VALUE
At 31 December 2024 450,000 38,513 488,513
At 31 December 2023 450,000 34,761 484,761

Cost or valuation at 31 December 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2022 89,673 - 89,673
Cost 360,327 76,778 437,105
450,000 76,778 526,778

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 26,450
DEPRECIATION
At 1 January 2024 6,282
Charge for year 3,967
At 31 December 2024 10,249
NET BOOK VALUE
At 31 December 2024 16,201
At 31 December 2023 20,168

BEWDLEY AUTO SERVICES LIMITED (REGISTERED NUMBER: 09926994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 206,288
NET BOOK VALUE
At 31 December 2024 206,288
At 31 December 2023 206,288

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,111 6,926
Other debtors 2,600 -
12,711 6,926

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,290 5,290
Trade creditors 56,305 77,527
Taxation and social security 26,140 14,455
Other creditors 3,695 181
91,430 97,453

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 7,494 12,784
Other creditors 600,565 602,945
608,059 615,729

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 72,635