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Company Registration No. 07693173 (England and Wales)
Paint and Body ARS Ltd Unaudited accounts for the year ended 31 March 2025
Paint and Body ARS Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Paint and Body ARS Ltd Company Information for the year ended 31 March 2025
Director
George Georgiou
Company Number
07693173 (England and Wales)
Registered Office
Unit 6 Chaffinch Business Park Croydon Road Beckenham BR3 4AA
Accountants
Blythe & Co 41 Oldfields Road Sutton Surrey SM1 2NB
- 3 -
Paint and Body ARS Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
86,113
60,315
Current assets
Inventories
114,950
139,364
Debtors
5
120,981
99,958
Cash at bank and in hand
183,981
160,399
419,912
399,721
Creditors: amounts falling due within one year
6
(283,728)
(236,351)
Net current assets
136,184
163,370
Total assets less current liabilities
222,297
223,685
Creditors: amounts falling due after more than one year
7
(49,897)
(85,173)
Net assets
172,400
138,512
Capital and reserves
Called up share capital
8
300
300
Profit and loss account
172,100
138,212
Shareholders' funds
172,400
138,512
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 director acknowledges his 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 and authorised for issue on 7 May 2025 and were signed on its behalf by
George Georgiou Director Company Registration No. 07693173
- 4 -
Paint and Body ARS Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Paint and Body ARS Ltd is a private company, limited by shares, registered in England and Wales, registration number 07693173. The registered office is Unit 6 Chaffinch Business Park, Croydon Road, Beckenham, BR3 4AA.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
88,761
110,444
21,586
358
221,149
Additions
10,593
62,132
-
-
72,725
Disposals
-
(35,724)
-
-
(35,724)
At 31 March 2025
99,354
136,852
21,586
358
258,150
Depreciation
At 1 April 2024
65,448
73,825
21,203
358
160,834
Charge for the year
13,923
28,987
272
-
43,182
On disposals
-
(31,979)
-
-
(31,979)
At 31 March 2025
79,371
70,833
21,475
358
172,037
Net book value
At 31 March 2025
19,983
66,019
111
-
86,113
At 31 March 2024
23,313
36,619
383
-
60,315
- 5 -
Paint and Body ARS Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
120,981
99,958
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
46,901
58,128
Taxes and social security
110,769
154,256
Other creditors
108,603
2,504
Accruals
17,455
21,463
283,728
236,351
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
49,897
85,173
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary B Shares of £1 each
100
100
100 Ordinary C Shares of £1 each
100
100
300
300
9
Average number of employees
During the year the average number of employees was 30 (2024: 30).
- 6 -