CAPITAL VEHICLE MAINTENANCE LIMITED

CAPITAL VEHICLE MAINTENANCE LIMITED
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

CAPITAL VEHICLE MAINTENANCE LIMITED Accountants' Report For the year ended 28 February 2025
Report to the directors on the preparation of the unaudited statutory accounts of CAPITAL VEHICLE MAINTENANCE LIMITED for the year ended 28 February 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CAPITAL VEHICLE MAINTENANCE LIMITED for the year ended 28 February 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 to us. As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations. This report is made solely to the Board of Directors of CAPITAL VEHICLE MAINTENANCE LIMITED, as a body, in accordance with the terms of our engagement letter dated 31 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of CAPITAL VEHICLE MAINTENANCE LIMITED and state those matters that we have agreed to state to the Board of Directors of CAPITAL VEHICLE MAINTENANCE LIMITED, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CAPITAL VEHICLE MAINTENANCE LIMITED and its Board of Directors as a body for our work or for this report. It is your duty to ensure that CAPITAL VEHICLE MAINTENANCE 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 or loss of CAPITAL VEHICLE MAINTENANCE LIMITED.You consider that CAPITAL VEHICLE MAINTENANCE LIMITED is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of CAPITAL VEHICLE MAINTENANCE 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 financial statements 28 February 2025. .................................................... NF Financial Solutions Ltd 211 Boundary House Boston Road London W7 2QE 31 March 2025 1

CAPITAL VEHICLE MAINTENANCE LIMITED
Accountants' Report
For the year ended 28 February 2025

Report to the directors on the preparation of the unaudited statutory accounts of CAPITAL VEHICLE MAINTENANCE LIMITED for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CAPITAL VEHICLE MAINTENANCE LIMITED for the year ended 28 February 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 to us.

As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the Board of Directors of CAPITAL VEHICLE MAINTENANCE LIMITED, as a body, in accordance with the terms of our engagement letter dated 31 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of CAPITAL VEHICLE MAINTENANCE LIMITED and state those matters that we have agreed to state to the Board of Directors of CAPITAL VEHICLE MAINTENANCE LIMITED, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CAPITAL VEHICLE MAINTENANCE LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that CAPITAL VEHICLE MAINTENANCE 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 or loss of CAPITAL VEHICLE MAINTENANCE LIMITED.You consider that CAPITAL VEHICLE MAINTENANCE LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of CAPITAL VEHICLE MAINTENANCE 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 financial statements 28 February 2025.

....................................................
NF Financial Solutions Ltd
211 Boundary House
Boston Road
London
W7 2QE
31 March 2025

1

CAPITAL VEHICLE MAINTENANCE LIMITED
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	34,621	30,697
		34,621	30,697
Current assets
Stocks		3,330	10,330
Debtors		223,744	239,718
Cash at bank and in hand		286,267	318,229
		513,341	568,277
Creditors: amount falling due within one year		(227,941)	(168,911)
Net current assets		285,400	399,366

Total assets less current liabilities		320,021	430,063
Creditors: amount falling due after more than one year		(99,788)	(99,788)
Net assets		220,233	330,275

Capital and reserves
Called up share capital	4	40,000	40,000
Profit and loss account		180,233	290,275
Shareholders' funds		220,233	330,275

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 31 March 2025 and were signed on its behalf by:

-------------------------------
Jean-Paul Mcentaggart
Director

2

CAPITAL VEHICLE MAINTENANCE LIMITED
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

CAPITAL VEHICLE MAINTENANCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03029848, registration address 207-209 Worton Road, Isleworth, TW7 6DS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

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	18% Reducing Balance
Motor Vehicles	18% Reducing Balance
Fixtures and Fittings	18% Reducing Balance
Improvements to property	18% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 6 (2024 : 6).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Improvements to property	Total
	£	£	£	£	£
At 01 March 2024	212,014	29,704	61,846	8,957	312,521
Additions	1,200	-	11,544	-	12,744
Disposals	-	-	-	-	-
At 28 February 2025	213,214	29,704	73,390	8,957	325,265
Depreciation
At 01 March 2024	203,830	10,646	59,807	7,541	281,824
Charge for year	2,556	4,090	1,274	900	8,820
On disposals	-	-	-	-	-
At 28 February 2025	206,386	14,736	61,081	8,441	290,644
Net book values
Closing balance as at 28 February 2025	6,828	14,968	12,309	516	34,621
Opening balance as at 01 March 2024	8,184	19,058	2,039	1,416	30,697

4.

Share Capital

Authorised
40,000 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
40,000 Class A shares of £1.00 each	40,000		40,000
	40,000		40,000

3

Registered Number: 03029848
England and Wales
CAPITAL VEHICLE MAINTENANCE LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025