REGISTERED NUMBER: 08805626 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

AUTO SERVICE & RECOVERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B R Fowler

REGISTERED OFFICE:

Units 2 & 3 Rington Court

Nunn Brook Rise

Huthwaite

Sutton in Ashfield

Nottinghamshire

NG17 2PD

REGISTERED NUMBER:

08805626 (England and Wales)

ACCOUNTANTS:

Anderson & Co

18 Diamond Avenue

Kirkby in Ashfield

Nottinghamshire

NG17 7GR

BANKERS:

National Westminster Plc

Sutton & Kirkby Branch

Portland Square

Sutton in Ashfield

Nottinghamshire

NG17 1BA

FIXED ASSETS

Tangible assets

4

12,863

14,021

CURRENT ASSETS

Stocks

2,875

2,500

Debtors

5

6,325

11,000

Cash at bank and in hand

3,703

9,538

12,903

23,038

CREDITORS

Amounts falling due within one year

6

44,835

46,856

NET CURRENT LIABILITIES

(31,932

)

(23,818

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,069

)

(9,797

)

PROVISIONS FOR LIABILITIES

1,138

1,071

NET LIABILITIES

(20,207

)

(10,868

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(21,207

)

(11,868

)

SHAREHOLDERS' FUNDS

(20,207

)

(10,868

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 2 October 2025 and were signed by:

Mr B R Fowler - Director

1.	STATUTORY INFORMATION

Auto Service & Recovery Limited 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 each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

30,020

1,696

12,505

1,765

45,986

Additions

1,721

-

-

476

2,197

At 31 January 2025

31,741

1,696

12,505

2,241

48,183

DEPRECIATION

At 1 February 2024

18,039

1,438

11,239

1,249

31,965

Charge for year

2,740

51

316

248

3,355

At 31 January 2025

20,779

1,489

11,555

1,497

35,320

NET BOOK VALUE

At 31 January 2025

10,962

207

950

744

12,863

At 31 January 2024

11,981

258

1,266

516

14,021

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

6,325

10,789

Prepayments

-

211

6,325

11,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

6,952

12,021

Trade creditors

7,361

3,783

VAT

6,073

4,864

Attachment Of Earnings Due

-

300

Pension Creditor

173

-

PAYE and national insurance

700

931

Directors' loan accounts

21,693

23,065

Accrued expenses

1,883

1,892

44,835

46,856