COSMETIC REPAIR SOLUTIONS LIMITED

COSMETIC REPAIR SOLUTIONS LIMITED
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2025

Principal activities

The companys principal activity during the year was that of maintaining and repairing motor vehicles.

Director

The director who served the company throughout the year was as follows:

Graham Jenkins

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

----------------------------------
Graham Jenkins
Director

Date approved: 01 October 2025

COSMETIC REPAIR SOLUTIONS LIMITED Accountants' Report For the year ended 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of COSMETIC REPAIR SOLUTIONS LIMITED for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COSMETIC REPAIR SOLUTIONS LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of COSMETIC REPAIR SOLUTIONS LIMITED, as a body, in accordance with the terms of our engagement letter dated 01 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of COSMETIC REPAIR SOLUTIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of COSMETIC REPAIR SOLUTIONS LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COSMETIC REPAIR SOLUTIONS LIMITED and its Board of Directors as a body for our work or for this report. It is your duty to ensure that COSMETIC REPAIR SOLUTIONS 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 COSMETIC REPAIR SOLUTIONS LIMITED. You consider that COSMETIC REPAIR SOLUTIONS 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 COSMETIC REPAIR SOLUTIONS 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 31 March 2025. .................................................... Holdsworth Accountants Ltd Omega Court 350 Cemetery Road Sheffield S11 8FT 01 October 2025 3

COSMETIC REPAIR SOLUTIONS LIMITED
Accountants' Report
For the year ended 31 March 2025

Report to the directors on the preparation of the unaudited statutory accounts of COSMETIC REPAIR SOLUTIONS LIMITED for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COSMETIC REPAIR SOLUTIONS LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of COSMETIC REPAIR SOLUTIONS LIMITED, as a body, in accordance with the terms of our engagement letter dated 01 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of COSMETIC REPAIR SOLUTIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of COSMETIC REPAIR SOLUTIONS LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COSMETIC REPAIR SOLUTIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that COSMETIC REPAIR SOLUTIONS 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 COSMETIC REPAIR SOLUTIONS LIMITED. You consider that COSMETIC REPAIR SOLUTIONS 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 COSMETIC REPAIR SOLUTIONS 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
31 March 2025.

....................................................

Holdsworth Accountants Ltd
Omega Court
350 Cemetery Road
Sheffield
S11 8FT
01 October 2025

COSMETIC REPAIR SOLUTIONS LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	412,203	460,370
		412,203	460,370
Current assets
Stocks	4	1,000	1,000
Debtors	5	437,156	658,263
Cash at bank and in hand		583,318	544,262
		1,021,474	1,203,525
Creditors: amount falling due within one year	6	(534,472)	(470,604)
Net current assets		487,002	732,921

Total assets less current liabilities		899,205	1,193,291
Creditors: amount falling due after more than one year	7	(24,737)	(68,213)
Provisions for liabilities	8	(60,838)	(84,672)
Net assets		813,630	1,040,406

Capital and reserves
Called up share capital	9	300	300
Profit and loss account		813,330	1,040,106
Shareholders' funds		813,630	1,040,406

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 01 October 2025 and were signed by:

-------------------------------
Graham Jenkins
Director

COSMETIC REPAIR SOLUTIONS LIMITED
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

COSMETIC REPAIR SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04400912, registration address THE BODY WORKSHOP, SHEFFIELD ROAD, CHESTERFIELD, S41 8NQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	15% Reducing Balance
Computer Equipment	15% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 23 (2024 : 18).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 01 April 2024	81,033	464,947	233,858	35,457	29,639	844,934
Additions	-	1,766	112,173	11,667	-	125,606
Disposals	-	(104,275)	(120,618)	-	-	(224,893)
At 31 March 2025	81,033	362,438	225,413	47,124	29,639	745,647
Depreciation
At 01 April 2024	-	190,626	162,412	13,288	18,238	384,564
Charge for year	-	71,600	37,841	4,440	2,280	116,161
On disposals	-	(54,275)	(113,006)	-	-	(167,281)
At 31 March 2025	-	207,951	87,247	17,728	20,518	333,444
Net book values
Closing balance as at 31 March 2025	81,033	154,487	138,166	29,396	9,121	412,203
Opening balance as at 01 April 2024	81,033	274,321	71,446	22,169	11,401	460,370

Stocks

	2025 £		2024 £
Stocks	1,000		1,000
	1,000		1,000

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	419,375	416,086
Provision for Doubtful Debts	(50,000)	-
Intercompany Loan	67,781	242,177
	437,156	658,263

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	169,403	114,952
Corporation Tax	101,426	124,029
PAYE & Social Security	33,542	28,619
Other Creditors	-	11,315
Obligations under HP/Financial Leases	75,163	52,644
Net Wages Accrual	15,411	16,388
Pension Accrual	6,347	2,274
VAT	133,180	120,383
	534,472	470,604

Creditors: amount falling due after more than one year

	2025 £		2024 £
Obligations Under HP/Financial Leases	24,737		68,213
	24,737		68,213

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	60,838		84,672
	60,838		84,672

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
300 Class A shares of £1.00 each	300		300
	300		300


Registered Number: 04400912
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
COSMETIC REPAIR SOLUTIONS LIMITED