Duncalf Motor Services Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 07340268

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		34,319		38,780

			34,319		38,780
CURRENT ASSETS
Stocks		51,000		21,000
Debtors		56,249		83,505
Cash at bank and in hand		733		1,106

		107,982		105,611
Creditors: Amounts Falling Due Within One Year		(129,521 )		(96,522 )

NET CURRENT ASSETS (LIABILITIES)			(21,539 )		9,089

TOTAL ASSETS LESS CURRENT LIABILITIES			12,780		47,869

Creditors: Amounts Falling Due After More Than One Year			(7,000 )		(13,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,597 )		(6,449 )

NET ASSETS			183		28,420

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			83		28,320

SHAREHOLDERS' FUNDS			183		28,420

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Duncalf Motor Services Ltd

Abridged Balance Sheet (continued)

As At 31 March 2025

For the 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.

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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr A M Duncalf Director	Mrs J G Duncalf Director
15 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Duncalf Motor Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07340268 . The registered office is Unit 1 Pensarn Trading Estate, Conwy Road, Llandudno Junction, Conwy, LL31 9GE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & Machinery	15% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	33% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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Duncalf Motor Services Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees during the year was: 7 (2024: 8)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	123,212

As at 31 March 2025	123,212

Depreciation
As at 1 April 2024	84,432
Provided during the period	4,461

As at 31 March 2025	88,893

Net Book Value
As at 31 March 2025	34,319

As at 1 April 2024	38,780

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

6. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Anthony Duncalf	-	1,131	-	-	1,131
Mrs Jennifer Duncalf	-	1,132	-	-	1,132

The above loan is unsecured and repayable on demand.

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