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REGISTERED NUMBER: 04879622 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Dorking Service Centre Limited

Dorking Service Centre Limited (Registered number: 04879622)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dorking Service Centre Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S R Swaine
Mrs J A Swaine
J A Swaine





SECRETARY: Miss E L Swaine





REGISTERED OFFICE: 158-160 South Street
Dorking
Surrey
RH4 2ES





REGISTERED NUMBER: 04879622 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Dorking Service Centre Limited (Registered number: 04879622)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 38,057 40,522

CURRENT ASSETS
Stocks 302,753 251,094
Debtors 5 9,902 9,040
Cash at bank and in hand 31,548 109,602
344,203 369,736
CREDITORS
Amounts falling due within one year 6 146,658 166,383
NET CURRENT ASSETS 197,545 203,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

235,602

243,875

CREDITORS
Amounts falling due after more than one year 7 (4,812 ) (14,951 )

PROVISIONS FOR LIABILITIES (7,779 ) (7,312 )
NET ASSETS 223,011 221,612

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Retained earnings 219,011 217,612
SHAREHOLDERS' FUNDS 223,011 221,612

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.

Dorking Service Centre Limited (Registered number: 04879622)

Balance Sheet - 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 25 March 2025 and were signed on its behalf by:





S R Swaine - Director


Dorking Service Centre Limited (Registered number: 04879622)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Dorking Service Centre 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.

The financial statements are presented in (£) which is also the functional currency.

The financial statements have been prepared on a going concern basis

Turnover
Turnover represents net invoiced sales of motor vehicles and charges for services provided, excluding value added tax. Turnover is recognised on services once the work is performed and on car sales once the ownership changes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 33% on cost
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

At each reporting date, motor vehicles are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of impairment is recognised immediately in profit or loss.

Stocks
Stock includes motor vehicles for sale and some parts valued at historic cost.

Work in progress includes appropriate costs for variable overheads.


Dorking Service Centre Limited (Registered number: 04879622)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 67,752 190,634 31,872
Additions - 4,500 -
At 31 December 2024 67,752 195,134 31,872
DEPRECIATION
At 1 January 2024 64,091 159,184 29,006
Charge for year 760 5,350 -
At 31 December 2024 64,851 164,534 29,006
NET BOOK VALUE
At 31 December 2024 2,901 30,600 2,866
At 31 December 2023 3,661 31,450 2,866

Dorking Service Centre Limited (Registered number: 04879622)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 5,249 35,235 330,742
Additions - - 4,500
At 31 December 2024 5,249 35,235 335,242
DEPRECIATION
At 1 January 2024 3,600 34,339 290,220
Charge for year 830 25 6,965
At 31 December 2024 4,430 34,364 297,185
NET BOOK VALUE
At 31 December 2024 819 871 38,057
At 31 December 2023 1,649 896 40,522

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 4,522 3,070
Prepayments 5,380 5,970
9,902 9,040

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 98,414 93,607
Tax 631 3,294
Social security and other taxes 12,500 15,211
VAT 10,574 33,856
Accrued expenses 14,539 10,415
146,658 166,383

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 1-2 years 4,812 10,000
Bank loans 2-5 years - 4,951
4,812 14,951

Dorking Service Centre Limited (Registered number: 04879622)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 15,688 -
Between one and five years - 78,438
15,688 78,438

9. SECURED DEBTS

Under the terms of a debenture dated 8th December 2003, the company's bankers have a first charge over all present and future assets of the company for all monies due or to become due to them by the company.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by S R Swaine, a director.