REGISTERED NUMBER: 03348111 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Professional Vehicle Servicing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D P Wilkinson

REGISTERED OFFICE:

141 Glaisdale Drive West

Nottingham

Nottinghamshire

NG8 4GY

REGISTERED NUMBER:

03348111 (England and Wales)

ACCOUNTANTS:

CVH Accounting

210 Lower Regent Street

Beeston

Nottingham

NG9 2DD

FIXED ASSETS

Tangible assets

4

36,479

42,615

CURRENT ASSETS

Stocks

5,320

4,840

Debtors

5

24,716

35,325

Cash at bank

101,663

59,449

131,699

99,614

CREDITORS

Amounts falling due within one year

6

96,984

110,580

NET CURRENT ASSETS/(LIABILITIES)

34,715

(10,966

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,194

31,649

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

71,094

31,549

71,194

31,649

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 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 4 November 2025 and were signed by:

D P Wilkinson - Director

1.	STATUTORY INFORMATION

Professional Vehicle Servicing 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.

Stocks

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

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.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 May 2024

14,014

70,989

25,692

110,695

Disposals

-

-

(7,857

)

(7,857

)

At 30 April 2025

14,014

70,989

17,835

102,838

DEPRECIATION

At 1 May 2024

-

51,018

17,062

68,080

Charge for year

-

1,997

1,500

3,497

Eliminated on disposal

-

-

(5,218

)

(5,218

)

At 30 April 2025

-

53,015

13,344

66,359

NET BOOK VALUE

At 30 April 2025

14,014

17,974

4,491

36,479

At 30 April 2024

14,014

19,971

8,630

42,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

23,436

34,000

Other debtors

609

800

Prepayments

671

525

24,716

35,325

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

-

4,163

Trade creditors

16,680

38,051

Tax

24,877

-

Social security and other taxes

23,959

20,978

Other creditors

27,342

865

Directors' current accounts

-

42,555

Accrued expenses

4,126

3,968

96,984

110,580