Company Registration No. 01642957 (England and Wales)
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Unaudited accounts
for the year ended 31 July 2025
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Unaudited accounts
Contents
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Company Information
for the year ended 31 July 2025
Directors
Scott Rogers
Melvyn Rogers
Jeanette Marrs
Company Number
01642957 (England and Wales)
Registered Office
431 WARWICK ROAD
GREET
BIRMINGHAM
B11 2JR
Accountants
AJS Accounting Services Ltd
1 Chester Court
High Street, Knowle
Solihull
West Midlands
B93 0LL
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Statement of financial position
as at 31 July 2025
Tangible assets
133,966
99,268
Inventories
100,023
98,786
Cash at bank and in hand
242,096
231,368
Creditors: amounts falling due within one year
(357,328)
(330,655)
Net current assets
134,016
136,654
Total assets less current liabilities
267,982
235,922
Provisions for liabilities
Deferred tax
(17,562)
(17,562)
Net assets
250,420
218,360
Called up share capital
100
100
Profit and loss account
250,320
218,260
Shareholders' funds
250,420
218,360
For the year ending 31 July 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 September 2025 and were signed on its behalf by
Scott Rogers
Director
Company Registration No. 01642957
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Notes to the Accounts
for the year ended 31 July 2025
DISCOUNT BODY PANELS (MIDLANDS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01642957. The registered office is 431 WARWICK ROAD, GREET, BIRMINGHAM, B11 2JR.
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.
These financial statements for the year ended 31 July 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
26,153
172,385
67,922
266,460
Additions
-
58,442
-
58,442
At 31 July 2025
26,153
230,827
67,922
324,902
At 1 August 2024
-
104,454
62,738
167,192
Charge for the year
-
22,966
778
23,744
At 31 July 2025
-
127,420
63,516
190,936
At 31 July 2025
26,153
103,407
4,406
133,966
At 31 July 2024
26,153
67,931
5,184
99,268
DISCOUNT BODY PANELS (MIDLANDS) LIMITED
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Trade debtors
145,382
133,312
Accrued income and prepayments
3,843
3,843
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
155,409
155,158
Taxes and social security
10,858
34,082
Proposed dividends
40,000
-
Other creditors
14,134
13,988
Loans from directors
88,782
88,782
7
Average number of employees
During the year the average number of employees was 8 (2024: 8).