REGISTERED NUMBER: 04061454 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Ady Godwin Specialist Car Body Repairs

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A G Godwin

Mrs J L Godwin

B R Godwin

SECRETARY:

Mrs J L Godwin

REGISTERED OFFICE:

Orwell House

50 High Street

Hungerford

Berkshire

RG17 0NE

REGISTERED NUMBER:

04061454 (England and Wales)

ACCOUNTANTS:

LJ Smith Accountants Ltd

Orwell House

50 High Street

Hungerford

Berkshire

RG17 0NE

FIXED ASSETS

Tangible assets

4

20,770

26,258

CURRENT ASSETS

Stocks

7,700

9,200

Debtors

5

15,745

29,685

Cash at bank

48,047

28,573

71,492

67,458

CREDITORS

Amounts falling due within one year

6

40,110

42,346

NET CURRENT ASSETS

31,382

25,112

TOTAL ASSETS LESS CURRENT LIABILITIES

52,152

51,370

CREDITORS

Amounts falling due after more than one year

7

5,775

14,531

NET ASSETS

46,377

36,839

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

46,277

36,739

SHAREHOLDERS' FUNDS

46,377

36,839

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 6th November 2025 and were signed on its behalf by:

A G Godwin - Director

1.	STATUTORY INFORMATION

Ady Godwin Specialist Car Body Repairs 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

-

15% on cost

Motor vehicles

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st April 2024

50,512

42,774

93,286

Additions

1,500

-

1,500

At 31st March 2025

52,012

42,774

94,786

DEPRECIATION

At 1st April 2024

48,246

18,782

67,028

Charge for year

990

5,998

6,988

At 31st March 2025

49,236

24,780

74,016

NET BOOK VALUE

At 31st March 2025

2,776

17,994

20,770

At 31st March 2024

2,266

23,992

26,258

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,965

25,407

Other debtors

1,780

4,278

15,745

29,685

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,145

5,018

Hire purchase contracts

3,333

3,333

Trade creditors

17,304

24,049

Taxation and social security

11,160

6,796

Other creditors

3,168

3,150

40,110

42,346

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,386

9,531

Hire purchase contracts

1,389

5,000

5,775

14,531