Registered number
04379845
David Pengelly Autocare Limited
Report and Accounts
31 March 2025
David Pengelly Autocare Limited
Report to the directors on the preparation of the unaudited statutory accounts of David Pengelly Autocare Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of David Pengelly Autocare Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
Nottinghamshire
NG8 2BE
28 May 2025
David Pengelly Autocare Limited
Registered number: 04379845
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 - 2,000
Tangible assets 4 26,346 21,062
26,346 23,062
Current assets
Stocks 500 500
Debtors 5 50,226 48,866
Cash at bank and in hand 105,387 86,560
156,113 135,926
Creditors: amounts falling due within one year 6 (80,785) (66,620)
Net current assets 75,328 69,306
Net assets 101,674 92,368
Capital and reserves
Called up share capital 100 100
Profit and loss account 101,574 92,268
Shareholders' funds 101,674 92,368
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Pengelly
Director
Approved by the board on 28 May 2025
David Pengelly Autocare Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Stocks
Stock is stated at the lower of cost and net realisable value.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 7 7
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 20,000
At 31 March 2025 20,000
Amortisation
At 1 April 2024 18,000
Provided during the year 2,000
At 31 March 2025 20,000
Net book value
At 31 March 2025 -
At 31 March 2024 2,000
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 107,147 13,650 120,797
Additions 12,892 - 12,892
Disposals - (300) (300)
At 31 March 2025 120,039 13,350 133,389
Depreciation
At 1 April 2024 89,065 10,670 99,735
Charge for the year 6,768 540 7,308
At 31 March 2025 95,833 11,210 107,043
Net book value
At 31 March 2025 24,206 2,140 26,346
At 31 March 2024 18,082 2,980 21,062
5 Debtors 2025 2024
£ £
Trade debtors 10,726 9,866
Other debtors 39,500 39,000
50,226 48,866
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 36,442 26,098
Corporation tax 16,705 19,949
Other taxes and social security costs 14,912 19,324
Other creditors 12,726 1,249
80,785 66,620
7 Other information
David Pengelly Autocare Limited is a private company limited by shares and incorporated in England. Its registered office is:
7 West End
Calverton
Nottingham
NG14 6LW
8 Bank security
The Natwest Bank Plc hold a debenture, dated 26th May 2006. They hold a fixed and floating charge over the undertaking and all property and assets present and future.
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