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REGISTERED NUMBER: 08334803 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PDS AUTOS LIMITED

PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

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


PDS AUTOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr S I J Hogg
Mr D A Johnson
Mr P Weeks





REGISTERED OFFICE: 13 Ledbury Road
Paulsgrove
Portsmouth
Hampshire
PO6 4BS





REGISTERED NUMBER: 08334803 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Certified Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 533,367 544,301
533,367 544,301

CURRENT ASSETS
Stocks 117,836 103,685
Debtors 6 54,753 30,203
Cash at bank and in hand 36,188 19,527
208,777 153,415
CREDITORS
Amounts falling due within one year 7 503,044 378,180
NET CURRENT LIABILITIES (294,267 ) (224,765 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,100

319,536

CREDITORS
Amounts falling due after more than one
year

8

203,920

304,032
NET ASSETS 35,180 15,504

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 34,880 15,204
SHAREHOLDERS' FUNDS 35,180 15,504

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.

PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:




Mr S I J Hogg - Director



Mr D A Johnson - Director


PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

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


1. STATUTORY INFORMATION

PDS Autos 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
At the end of the accounting period the company had an overdrawn balance sheet. The director's have agreed to continue to provide financial support to the company for a minimum of one year from the date of signing.

Turnover
Turnover represents net invoiced sale of goods and services in respect of car repairs, excluding VAT. Rent receivable represents the rental income from taxi cars excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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 - 20% on cost
Motor vehicles - 33% on cost and 20% on cost

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet 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 5 (2023 - 3 ) .

PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

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 27,228
AMORTISATION
At 1 January 2024
and 31 December 2024 27,228
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 11,373 1,067,311 1,078,684
Additions 584 231,533 232,117
Disposals - (64,817 ) (64,817 )
At 31 December 2024 11,957 1,234,027 1,245,984
DEPRECIATION
At 1 January 2024 7,152 527,231 534,383
Charge for year 1,253 203,889 205,142
Eliminated on disposal - (26,908 ) (26,908 )
At 31 December 2024 8,405 704,212 712,617
NET BOOK VALUE
At 31 December 2024 3,552 529,815 533,367
At 31 December 2023 4,221 540,080 544,301

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,515 22,874
Amounts owed by associates 5,601 -
Other debtors 36,637 7,329
54,753 30,203

PDS AUTOS LIMITED (REGISTERED NUMBER: 08334803)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 203,463 172,447
Trade creditors 11,515 4,978
Taxation and social security 169,703 111,044
Other creditors 108,363 79,711
503,044 378,180

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,000 15,000
Hire purchase contracts 198,920 289,032
203,920 304,032

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 402,383 461,479

Hire purchase loans are secured over the assets to which they relate.