Procter Motor Commercial Body Repairs Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 14395100

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		79,346		65,174

			79,346		65,174
CURRENT ASSETS
Debtors	5	129,177		195,469
Cash at bank and in hand		60,757		32,718

		189,934		228,187
Creditors: Amounts Falling Due Within One Year	6	(156,901 )		(185,959 )

NET CURRENT ASSETS (LIABILITIES)			33,033		42,228

TOTAL ASSETS LESS CURRENT LIABILITIES			112,379		107,402

NET ASSETS			112,379		107,402

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			112,377		107,400

SHAREHOLDERS' FUNDS			112,379		107,402

For the year ending 31 October 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Antony Procter

Director

20/06/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Procter Motor Commercial Body Repairs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14395100 . The registered office is Ernest James House, Toutley Road, Wokingham, Berkshire, RG41 1QN.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery	25% on cost
Motor Vehicles	20% on WDV
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.4. Taxation

Taxation for the period 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.

2.5. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2023	85,084	-	1,028	787	86,899
Additions	9,201	30,000	312	640	40,153

As at 31 October 2024	94,285	30,000	1,340	1,427	127,052

Depreciation
As at 1 November 2023	21,271	-	257	197	21,725
Provided during the period	22,928	2,500	329	224	25,981

As at 31 October 2024	44,199	2,500	586	421	47,706

Net Book Value
As at 31 October 2024	50,086	27,500	754	1,006	79,346

As at 1 November 2023	63,813	-	771	590	65,174

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Procter Motor Commercial Body Repairs Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	128,465	195,467
Other debtors	712	2

	129,177	195,469

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	49,920	47,901
Other creditors	85,860	85,935
Taxation and social security	21,121	52,123

	156,901	185,959

7. Deferred Taxation

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 period 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.

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2023	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2024
	£	£	£	£	£
Mr Antony Procter	-	25	-	-	25

The above loan is unsecured, interest free and repayable on demand.

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