REGISTERED NUMBER: 13311823 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

VM Vehicle Maintenance Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Smith

A J Smith

REGISTERED OFFICE:

7 The Hayes

Lye

Stourbridge

West Midlands

DY9 8NX

REGISTERED NUMBER:

13311823 (England and Wales)

FIXED ASSETS

Tangible assets

4

26,586

25,487

CURRENT ASSETS

Stocks

7,148

10,669

Debtors

10,147

24,072

Cash at bank and in hand

34,748

37,106

52,043

71,847

CREDITORS

Amounts falling due within one year

44,378

69,459

NET CURRENT ASSETS

7,665

2,388

TOTAL ASSETS LESS CURRENT LIABILITIES

34,251

27,875

CREDITORS

Amounts falling due after more than one year

(7,837

)

(5,373

)

PROVISIONS FOR LIABILITIES

(5,051

)

(4,843

)

NET ASSETS

21,363

17,659

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

21,263

17,559

SHAREHOLDERS' FUNDS

21,363

17,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

C Smith - Director

1.	STATUTORY INFORMATION

VM Vehicle Maintenance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

at varying rates on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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.

Deferred tax

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 year 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

36,989

Additions

6,875

At 30 April 2025

43,864

DEPRECIATION

At 1 May 2024

11,502

Charge for year

5,776

At 30 April 2025

17,278

NET BOOK VALUE

At 30 April 2025

26,586

At 30 April 2024

25,487

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 May 2024

14,651

Additions

6,667

Transfer to ownership

(12,696

)

At 30 April 2025

8,622

DEPRECIATION

At 1 May 2024

4,931

Charge for year

755

Transfer to ownership

(4,465

)

At 30 April 2025

1,221

NET BOOK VALUE

At 30 April 2025

7,401

At 30 April 2024

9,720

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary Shares

1

100

100

6.	RELATED PARTY DISCLOSURES

During the year the company made £31,388 (2024 £55,274) of sales to Van Monkey Limited a company in which the directors have common control.

During the year the company made £85,948 (2024 £114,675) of purchases from Van Monkey Limited a company in which the directors have common control.

At the year end the company was owed £1,253(2024 £4,809) from Van Monkey Limited and was due £6,872 (2024 £6,573).