1 April 2024 v2025.36.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP100524702024-04-012025-03-31100524702025-03-3110052470bus:Director12024-04-012025-03-3110052470bus:RegisteredOffice2024-04-012025-03-31100524702023-04-012024-03-3110052470core:RetainedEarningsAccumulatedLosses2024-04-0110052470core:RetainedEarningsAccumulatedLosses2023-04-0110052470core:RetainedEarningsAccumulatedLosses2024-04-012025-03-3110052470core:RetainedEarningsAccumulatedLosses2023-04-012024-03-3110052470core:RetainedEarningsAccumulatedLosses2025-03-3110052470core:RetainedEarningsAccumulatedLosses2024-03-31100524702024-03-3110052470core:WithinOneYear2025-03-3110052470core:WithinOneYear2024-03-3110052470core:AfterOneYear2025-03-3110052470core:AfterOneYear2024-03-3110052470core:ShareCapital2025-03-3110052470core:ShareCapital2024-03-3110052470core:LandBuildings2024-04-0110052470core:PlantMachinery2024-04-01100524702024-04-0110052470core:PlantMachinery2024-04-012025-03-3110052470core:LandBuildings2025-03-3110052470core:PlantMachinery2025-03-3110052470core:LandBuildings2024-03-3110052470core:PlantMachinery2024-03-311005247012024-04-012025-03-3110052470countries:EnglandWales2024-04-012025-03-3110052470bus:AuditExemptWithAccountantsReport2024-04-012025-03-3110052470bus:PrivateLimitedCompanyLtd2024-04-012025-03-3110052470bus:SmallEntities2024-04-012025-03-3110052470bus:FullAccounts2024-04-012025-03-31
Company registration number:
10052470
PULSE BODYWORKS LIMITED
Unaudited Financial Statements for the year ended
31 March 2025
HZT Accountant Bloomsbury Limited
106 Hale Drive, Mill Hill, London, Greater London, NW7 3ED, United Kingdom
PULSE BODYWORKS LIMITED
Officers and Professional Advisers
Year ended
31 March 2025
Director
Mr Zaqir Rob
Registered office
Unit 18 Gemini Business Park
Hornet Way
London
E6 7FF
United Kingdom
Accountant
HZT Accountant Bloomsbury Limited
106 Hale Drive
Mill Hill
London
Greater London
NW7 3ED
United Kingdom
PULSE BODYWORKS LIMITED
Director's Report
Year ended
31 March 2025
The director presents the report and the unaudited financial statements of the company for the year ended
31 March 2025
.
Principal Activity
The company's principal activity continues to be that of repairing and maintaining motor vehicles.
Directors
The director who held office during the year were as follows: Mr A Pasha, and Zaqir Rob.
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
• select suitable accounting policies and then apply them consistently;
• make judgments and accounting estimates that are reasonable and prudent;
• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board

Directors

The director who served the company during the year was as follows:
Mr Zaqir Rob

Additional disclosure

The director after considering distributable profits per the annual (management) accounts drawn up to 31 March 2025, it was resolved to declare a final dividend of £390 per each ordinary share.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
12 June 2025
and signed on behalf of the board by:
Mr Zaqir Rob
Director
PULSE BODYWORKS LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of PULSE BODYWORKS LIMITED
Year ended
31 March 2025
As described on the statement of financial position, the Board of Directors of
PULSE BODYWORKS LIMITED
are responsible for the preparation of the
financial statements
for the year ended
31 March 2025
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
HZT Accountant Bloomsbury Limited
106 Hale Drive
Mill Hill
London
Greater London
NW7 3ED
United Kingdom
Date:
30 June 2024
PULSE BODYWORKS LIMITED
Income Statement
Year ended
31 March 2025
20252024
££
Turnover
2,807,128
 
3,007,289
 
Cost of sales
(1,830,627
) (2,093,375 )
Gross profit
976,501
 
913,914
 
Distribution costs
(125,464
)
(168,667
)
Administrative expenses
(755,220
)
(675,932
)
Operating profit
95,817
 
69,315
 
Interest payable and similar expenses
(20,984
)
(40,672
)
Suspense account -   58  
Profit before tax
74,833
 
28,701
 
Tax on profit
(5,037
)
(7,410
)
Profit for the financial year
69,796
 
21,291
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
PULSE BODYWORKS LIMITED
Statement of Income and Retained Earnings
Year ended
31 March 2025
20252024
££
Retained earnings at the start of the year
30,983
 
48,692
 
Profit for the financial year
69,796
 
21,291
 
Dividends declared and paid or payable during the year
(39,000
)
(39,000
)
Retained earnings at the end of the year
61,779
 
30,983
 
PULSE BODYWORKS LIMITED
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
128,854
 
83,849
 
Current assets    
Stocks
7,500
 
7,500
 
Debtors 6
265,120
 
142,922
 
Investments 7
38,427
 
39,593
 
Cash at bank and in hand
301,573
 
323,595
 
612,620
 
513,610
 
Creditors: amounts falling due within one year 8
(667,928
)
(544,709
)
Net current liabilities
(55,308
)
(31,099
)
Total assets less current liabilities 73,546   52,750  
Creditors: amounts falling due after more than one year 9
(11,667
)
(21,667
)
Net assets
61,879
 
31,083
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
61,779
 
30,983
 
Shareholders funds
61,879
 
31,083
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
12 June 2025
, and are signed on behalf of the board by:
Mr Zaqir Rob
Director
Company registration number:
10052470
PULSE BODYWORKS LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 18 Gemini Business Park
,
Hornet Way
,
London
,
E6 7FF
, United Kingdom.
Accounting Policies
1. Basis of Preparation of Financial Statements: The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2. Turnover: Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Tangible Fixed Assets and Depreciation: Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold: 20% on straight line
Plant & Machinery : 20% on reducing balance
Fixtures & Fittings : 20% on reducing balance
4. Stocks and Work in Progress : Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
5. Taxation: Income tax expense represents the sum of the tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks and work in process are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
11
(2024:
13.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 April 2024
53,949
 
164,831
 
218,780
 
Additions -  
77,219
 
77,219
 
At
31 March 2025
53,949
 
242,050
 
295,999
 
Depreciation      
At
1 April 2024
46,793
 
88,138
 
134,931
 
Charge -  
32,214
 
32,214
 
At
31 March 2025
46,793
 
120,352
 
167,145
 
Carrying amount      
At
31 March 2025
7,156
 
121,698
 
128,854
 
At 31 March 2024
7,156
 
76,693
 
83,849
 

6 Debtors

20252024
££
Trade debtors
221,934
 
188,252
 
Other debtors
43,186
 
(45,330
)
265,120
 
142,922
 

7 Investments

20252024
££
Other current asset investments
38,427
 
39,593
 

8 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts -  
(659
)
Trade creditors
429,210
 
445,611
 
Taxation and social security
51,498
 
50,447
 
Other creditors
187,220
 
49,310
 
667,928
 
544,709
 

9 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
11,667
 
21,667