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REGISTERED NUMBER: 04884772 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Technicar (Derby) Limited

Technicar (Derby) Limited (Registered number: 04884772)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Technicar (Derby) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: F A Harman
C D Tilley





SECRETARY: C D Tilley





REGISTERED OFFICE: Units 7 & 8
Kingsmead Industrial Estate
Chandos Pole Street
Derby
DE22 3AZ





REGISTERED NUMBER: 04884772 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Technicar (Derby) Limited (Registered number: 04884772)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,398 63,593

CURRENT ASSETS
Stocks 44,420 32,054
Debtors 5 44,419 60,246
Cash at bank and in hand 249,331 210,853
338,170 303,153
CREDITORS
Amounts falling due within one year 6 71,961 107,121
NET CURRENT ASSETS 266,209 196,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

322,607

259,625

PROVISIONS FOR LIABILITIES 7 14,100 16,067
NET ASSETS 308,507 243,558

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 308,407 243,458
SHAREHOLDERS' FUNDS 308,507 243,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Technicar (Derby) Limited (Registered number: 04884772)

Balance Sheet - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:





F A Harman - Director


Technicar (Derby) Limited (Registered number: 04884772)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Technicar (Derby) 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 represents the net invoiced value of goods and services, excluding value added tax. In the case of work in progress it includes relevant costs and overheads plus attributable profit to date on uninvoiced work. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

Technicar (Derby) Limited (Registered number: 04884772)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 94,344 11,279 36,350 5,388 147,361
Additions 3,894 - - 518 4,412
Disposals (4,797 ) - - - (4,797 )
At 30 September 2024 93,441 11,279 36,350 5,906 146,976
DEPRECIATION
At 1 October 2023 43,052 9,332 26,288 5,096 83,768
Charge for year 7,950 290 2,516 464 11,220
Eliminated on disposal (4,410 ) - - - (4,410 )
At 30 September 2024 46,592 9,622 28,804 5,560 90,578
NET BOOK VALUE
At 30 September 2024 46,849 1,657 7,546 346 56,398
At 30 September 2023 51,292 1,947 10,062 292 63,593

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,431 45,680
Amounts recoverable on
contracts 850 3,400
Directors' current accounts 9,930 8,605
Prepayments 3,208 2,561
44,419 60,246

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,219 59,668
Tax 27,555 23,433
Social security and other taxes 13,056 12,079
Directors' current accounts 12,281 10,241
Accrued expenses 1,850 1,700
71,961 107,121

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 14,100 16,067

Technicar (Derby) Limited (Registered number: 04884772)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 16,067
Provided during year (1,967 )
Balance at 30 September 2024 14,100

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year net advances of £1,325 were made to a director. As at the year end the director owed £9,930 to the company (2023: £8,605). The loan carries an annual interest charge of 2% per annum and is repayable on demand.