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Company Registration No. 07513780 (England and Wales)
Clarks Auto Service Limited Unaudited accounts for the year ended 28 February 2025
Clarks Auto Service Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Clarks Auto Service Limited Company Information for the year ended 28 February 2025
Directors
Stephen Honour Jacqueline Honour
Company Number
07513780 (England and Wales)
Registered Office
203 West Street Fareham Hampshire London PO16 0EN
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
- 3 -
Clarks Auto Service Limited Accountants' report
Accountants' report to the board of directors of Clarks Auto Service Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clarks Auto Service Limited for the year ended 28 February 2025 as set out on pages 5 - 8 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 Clarks Auto Service Limited, 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 Clarks Auto Service Limited 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 Clarks Auto Service Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Clarks Auto Service Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clarks Auto Service Limited. You consider that Clarks Auto Service Limited 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 Clarks Auto Service Limited. 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 30 July 2025
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Clarks Auto Service Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
43,632 
14,374 
Current assets
Inventories
581 
581 
Debtors
6
16,140 
17,815 
Cash at bank and in hand
125,887 
157,058 
142,608 
175,454 
Creditors: amounts falling due within one year
7
(67,359)
(77,943)
Net current assets
75,249 
97,511 
Total assets less current liabilities
118,881 
111,885 
Creditors: amounts falling due after more than one year
8
(17,507)
- 
Net assets
101,374 
111,885 
Capital and reserves
Called up share capital
9
2 
2 
Profit and loss account
101,372 
111,883 
Shareholders' funds
101,374 
111,885 
For the year ending 28 February 2025 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 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 of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by
Stephen Honour Director Company Registration No. 07513780
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Clarks Auto Service Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Clarks Auto Service Limited is a private company, limited by shares, registered in England and Wales, registration number 07513780. The registered office is 203 West Street, Fareham, Hampshire, London, PO16 0EN.
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.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 10% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
45,000 
At 28 February 2025
45,000 
Amortisation
At 1 March 2024
45,000 
At 28 February 2025
45,000 
Net book value
At 28 February 2025
- 
- 6 -
Clarks Auto Service Limited Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
28,466 
64,732 
23,652 
116,850 
Additions
- 
35,679 
- 
35,679 
At 28 February 2025
28,466 
100,411 
23,652 
152,529 
Depreciation
At 1 March 2024
22,302 
58,752 
21,422 
102,476 
Charge for the year
1,540 
4,325 
556 
6,421 
At 28 February 2025
23,842 
63,077 
21,978 
108,897 
Net book value
At 28 February 2025
4,624 
37,334 
1,674 
43,632 
At 29 February 2024
6,164 
5,980 
2,230 
14,374 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,779 
4,841 
Accrued income and prepayments
8,058 
6,318 
Other debtors
6,303 
6,656 
16,140 
17,815 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
5,855 
8,633 
Trade creditors
27,104 
36,522 
Taxes and social security
5,539 
10,272 
Other creditors
809 
717 
Loans from directors
174 
115 
Accruals
27,878 
21,684 
67,359 
77,943 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
17,507 
- 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
- 7 -
Clarks Auto Service Limited Notes to the Accounts for the year ended 28 February 2025
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stephen Honour
Director Loan Account
(57)
(14,588)
(14,558)
(87)
Jacqueline Honour
Director Loan Account
(57)
(14,588)
(14,558)
(87)
(114)
(29,176)
(29,116)
(174)
11
Average number of employees
During the year the average number of employees was 4 (2024: 5).
- 8 -