D N R Commercial Vehicle Refinishers Limited

Contents

Page

Company Information	1
Abridged Balance Sheet	2
Notes to the Unaudited Abridged Financial Statements	3 to 4

D N R Commercial Vehicle Refinishers Limited

Company Information

Directors

N Hatton A Woodbridge

Registered office

Unit 8 Lyon Road Industrial Estate Kearsley Bolton BL4 8NB

Accountants

Gortons Chartered AccountantsStanmore House 64-68 Blackburn Street Radcliffe Manchester M26 2JS

D N R Commercial Vehicle Refinishers Limited

(Registration number: 3511017)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	16,893	21,371
Current assets
Stocks		6,300	5,300
Debtors		401,563	365,976
Cash at bank and in hand		85,076	57,995
		492,939	429,271
Creditors: Amounts falling due within one year		(219,514)	(318,794)
Net current assets		273,425	110,477
Total assets less current liabilities		290,318	131,848
Creditors: Amounts falling due after more than one year		(3,333)	(14,665)
Accruals and deferred income		(17,340)	(15,383)
Net assets		269,645	101,800
Capital and reserves
Called up share capital		4	4
Retained earnings		269,641	101,796
Shareholders' funds		269,645	101,800

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 27 August 2025, and confirmed on the Board's behalf by:
 

......................................... A Woodbridge Director

D N R Commercial Vehicle Refinishers Limited

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in the United Kingdom. The company's registration number is 3511017. The business address and registered office is Unit 8, Lyon Road Industrial Estate, Kearsley, Bolton, BL4 8NB.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial accounts have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover

Turnover represents the value of work undertaken during the year, exclusive of value added tax.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance method
Motor vehicles	25% Reducing balance method
Property improvements	Not depreciated

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Defined contribution pension obligation

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

D N R Commercial Vehicle Refinishers Limited

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 16).

4	Tangible assets

	Total £
Cost or valuation
At 1 April 2024	113,608
At 31 March 2025	113,608
Depreciation
At 1 April 2024	92,237
Charge for the year	4,478
At 31 March 2025	96,715
Carrying amount
At 31 March 2025	16,893
At 31 March 2024	21,371

5	Financial commitments, guarantees and contingencies

The total amount of financial commitments not included in the balance sheet is £24,000 (2024 - £38,400).

6	Related party transactions

One director had a loan with the company which was overdrawn by £18,302 at the year end (2024 - not overdrawn). Advances of £37,095 and repayments of £18,793 were made in the year. The maximum this loan was overdrawn in the year was £19,866 (2024 - £12,656).

Another director had a loan with the company which was overdrawn by £67,580 at the year end (2024 - £38,330). Advances of £37,776 and repayments of £8,526 were made in the year. The maximum this loan was overdrawn in the year was £75,528 (2024 - £52,359).

Interest has been charged at a commercial rate on these loans and they are repayable on demand.