IRIS Accounts Production v25.1.0.734 06452296 director 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064522962023-12-31064522962024-12-31064522962024-01-012024-12-31064522962022-12-31064522962023-01-012023-12-31064522962023-12-3106452296ns15:EnglandWales2024-01-012024-12-3106452296ns14:PoundSterling2024-01-012024-12-3106452296ns10:Director12024-01-012024-12-3106452296ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106452296ns10:SmallEntities2024-01-012024-12-3106452296ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3106452296ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106452296ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106452296ns10:FullAccounts2024-01-012024-12-310645229612024-01-012024-12-3106452296ns10:OrdinaryShareClass12024-01-012024-12-3106452296ns10:RegisteredOffice2024-01-012024-12-3106452296ns5:CurrentFinancialInstruments2024-12-3106452296ns5:CurrentFinancialInstruments2023-12-3106452296ns5:ShareCapital2024-12-3106452296ns5:ShareCapital2023-12-3106452296ns5:RetainedEarningsAccumulatedLosses2024-12-3106452296ns5:RetainedEarningsAccumulatedLosses2023-12-3106452296ns5:NetGoodwill2024-01-012024-12-3106452296ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106452296ns5:PlantMachinery2024-01-012024-12-3106452296ns5:MotorVehicles2024-01-012024-12-3106452296ns5:ComputerEquipment2024-01-012024-12-3106452296ns5:NetGoodwill2023-12-3106452296ns5:NetGoodwill2024-12-3106452296ns5:NetGoodwill2023-12-3106452296ns5:PlantMachinery2023-12-3106452296ns5:MotorVehicles2023-12-3106452296ns5:ComputerEquipment2023-12-3106452296ns5:PlantMachinery2024-12-3106452296ns5:MotorVehicles2024-12-3106452296ns5:ComputerEquipment2024-12-3106452296ns5:PlantMachinery2023-12-3106452296ns5:MotorVehicles2023-12-3106452296ns5:ComputerEquipment2023-12-3106452296ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106452296ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3106452296ns5:DeferredTaxation2023-12-3106452296ns5:DeferredTaxation2024-01-012024-12-3106452296ns5:DeferredTaxation2024-12-3106452296ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 06452296 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

P B AUTO SERVICES LIMITED

P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

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


P B AUTO SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr P Britt





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 06452296 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 321 428
321 428

CURRENT ASSETS
Stocks 250 250
Debtors 6 5,372 7,839
Cash at bank 48,546 55,886
54,168 63,975
CREDITORS
Amounts falling due within one year 7 23,328 44,185
NET CURRENT ASSETS 30,840 19,790
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,161

20,218

PROVISIONS FOR LIABILITIES 8 80 107
NET ASSETS 31,081 20,111

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 31,080 20,110
SHAREHOLDERS' FUNDS 31,081 20,111

P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


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 director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 May 2025 and were signed by:





Mr P Britt - Director


P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

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


1. STATUTORY INFORMATION

P B 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.

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.

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 0, is being amortised evenly over its estimated useful life of nil 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 1 (2023 - 1 ) .

P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 January 2024
and 31 December 2024 26,000
Amortisation
At 1 January 2024
and 31 December 2024 26,000
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 January 2024
and 31 December 2024 7,799 1,600 1,379 10,778
Depreciation
At 1 January 2024 7,659 1,499 1,192 10,350
Charge for year 35 25 47 107
At 31 December 2024 7,694 1,524 1,239 10,457
Net book value
At 31 December 2024 105 76 140 321
At 31 December 2023 140 101 187 428

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 5,009 7,494
Other debtors 363 345
5,372 7,839

P B AUTO SERVICES LIMITED (REGISTERED NUMBER: 06452296)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 2,376 1,856
Taxation and social security 12,585 13,394
Other creditors 8,367 28,935
23,328 44,185

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 80 107

Deferred
tax
£   
Balance at 1 January 2024 107
Provided during year (27 )
Balance at 31 December 2024 80

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary £1 1 1