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REGISTERED NUMBER: 11044570 (England and Wales)























Unaudited Financial Statements

for the Year Ended 30 November 2024

for

SBR Specialist Coachbuilders Ltd

SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SBR Specialist Coachbuilders Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mr C J Seville





REGISTERED OFFICE: Unit 3, Sand Bank estate
Cumeragh Lane
Preston
Lancashire
PR3 2AJ





REGISTERED NUMBER: 11044570 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 199,596 225,608

CURRENT ASSETS
Stocks 581,742 280,000
Debtors 5 279,316 200,608
Cash at bank 294,428 315,409
1,155,486 796,017
CREDITORS
Amounts falling due within one year 6 689,703 473,502
NET CURRENT ASSETS 465,783 322,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

665,379

548,123

CREDITORS
Amounts falling due after more than one
year

7

(298,937

)

(140,771

)

PROVISIONS FOR LIABILITIES (41,746 ) (53,485 )
NET ASSETS 324,696 353,867

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 324,596 353,767
324,696 353,867

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2025 and were signed by:





Mr C J Seville - Director


SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

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


1. STATUTORY INFORMATION

SBR Specialist Coachbuilders Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Motor vehicles - 15% on reducing balance
Computer equipment - 25% 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 Income Statement, 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.

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.

SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

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


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 59,886 289,620 4,934 354,440
Additions - 99,048 1,405 100,453
Disposals - (159,847 ) - (159,847 )
At 30 November 2024 59,886 228,821 6,339 295,046
DEPRECIATION
At 1 December 2023 23,170 102,117 3,545 128,832
Charge for year 5,508 29,456 1,327 36,291
Eliminated on disposal - (69,673 ) - (69,673 )
At 30 November 2024 28,678 61,900 4,872 95,450
NET BOOK VALUE
At 30 November 2024 31,208 166,921 1,467 199,596
At 30 November 2023 36,716 187,503 1,389 225,608

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 126,676 55,028
Other debtors 152,640 145,580
279,316 200,608

SBR Specialist Coachbuilders Ltd (Registered number: 11044570)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 74,881 21,119
Trade creditors 458,706 316,771
Taxation and social security 141,372 122,059
Other creditors 4,744 3,553
689,703 473,502

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 5,000 15,000
Hire purchase contracts 293,937 68,771
Other creditors - 57,000
298,937 140,771

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr C J Seville
Balance outstanding at start of year 116,945 61,865
Amounts advanced 110,000 194,112
Amounts repaid (131,516 ) (139,032 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 95,429 116,945

During the year a director held a loan owing to the company which totals £95,429 at 30 November 2024. The loan is unsecured, and repayable upon demand. Interest has been charged on this balance at the official rate of interest.