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Company Registration No. 11729351 (England and Wales)
Gosport Automotive Accident Repair Centre Ltd Unaudited accounts for the year ended 31 December 2024
Gosport Automotive Accident Repair Centre Ltd Unaudited accounts Contents
Page
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Gosport Automotive Accident Repair Centre Ltd Company Information for the year ended 31 December 2024
Director
Paul Tegg
Company Number
11729351 (England and Wales)
Registered Office
UNIT 16 Toronto Place Gosport Hampshire PO12 4UZ United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Gosport Automotive Accident Repair Centre Ltd Accountants' report
Accountants' report to the director of Gosport Automotive Accident Repair Centre Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gosport Automotive Accident Repair Centre Ltd for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Gosport Automotive Accident Repair Centre Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Gosport Automotive Accident Repair Centre Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gosport Automotive Accident Repair Centre Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gosport Automotive Accident Repair Centre Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Gosport Automotive Accident Repair Centre Ltd. You consider that Gosport Automotive Accident Repair Centre Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Gosport Automotive Accident Repair Centre Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 22 May 2025
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Gosport Automotive Accident Repair Centre Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,685 
7,579 
Current assets
Debtors
56,305 
22,774 
Cash at bank and in hand
4 
900 
56,309 
23,674 
Creditors: amounts falling due within one year
(80,492)
(46,565)
Net current liabilities
(24,183)
(22,891)
Total assets less current liabilities
(18,498)
(15,312)
Creditors: amounts falling due after more than one year
(4,085)
(6,332)
Net liabilities
(22,583)
(21,644)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(22,683)
(21,744)
Shareholders' funds
(22,583)
(21,644)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 May 2025 and were signed on its behalf by
Paul Tegg Director Company Registration No. 11729351
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Gosport Automotive Accident Repair Centre Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gosport Automotive Accident Repair Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 11729351. The registered office is UNIT 16, Toronto Place, Gosport, Hampshire, PO12 4UZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
19,500 
1,045 
20,545 
At 31 December 2024
19,500 
1,045 
20,545 
Depreciation
At 1 January 2024
12,330 
636 
12,966 
Charge for the year
1,792 
102 
1,894 
At 31 December 2024
14,122 
738 
14,860 
Net book value
At 31 December 2024
5,378 
307 
5,685 
At 31 December 2023
7,170 
409 
7,579 
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Gosport Automotive Accident Repair Centre Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,048 
- 
Accrued income and prepayments
807 
2,324 
Other debtors
20,450 
20,450 
56,305 
22,774 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,334 
10,341 
Trade creditors
28,884 
843 
Other creditors
5,640 
6,200 
Loans from directors
32,585 
24,118 
Accruals
7,049 
5,063 
80,492 
46,565 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,085 
6,332 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Paul Tegg
Director Loan Account
(24,118)
(24,066)
(15,599)
(32,585)
(24,118)
(24,066)
(15,599)
(32,585)
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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