AD Repairs Ltd - Filleted accounts

AD Repairs Ltd
Registered number:		08121791
Statement of Financial Position
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		12,892			17,190

Current assets
Stocks		3,300			3,300
Debtors	4	4,325			1,261
Cash at bank and in hand		2,794			6,252
		10,419			10,813

Creditors: amounts falling due within one year	5	(7,867)			(9,433)

Net current assets			2,552			1,380

Total assets less current liabilities			15,444			18,570

Creditors: amounts falling due after more than one year	6		(12,985)			(15,294)

Provisions for liabilities			(2,449)			(3,266)


Net assets			10			10

Capital and reserves
Called up share capital			10			10

Shareholders' funds			10			10

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Richards
Director
Approved by the board on 2 September 2025

AD Repairs Ltd
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance

	Inventories
	Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					2		2


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 July 2024							30,560
	At 30 June 2025							30,560

	Depreciation
	At 1 July 2024							13,370
	Charge for the year							4,298
	At 30 June 2025							17,668

	Net book value
	At 30 June 2025							12,892
	At 30 June 2024							17,190




4	Debtors					2025		2024
£							£

	Trade debtors					1,075		765
	Prepayments					784		-
	Other debtors					2,466		496
						4,325		1,261


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					2,309		2,309
	Trade creditors					31		-
	Accruals					1,738		1,726
	Corporation tax					3,012		3,549
	Other taxes and social security costs					347		-
	Other creditors					430		1,849
						7,867		9,433


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					12,985		15,294


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	A Richards
	Repayable on demand	-		2,466		-		2,466

		-		2,466		-		2,466


8	Other information

	AD Repairs Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	12 Culls Road
	Normandy
	Guildford
	GU3 2EP