BAVARIAN SPARE PARTS LTD


Director	Audrius Jasiliunas


Registered Address	1-2 Floor 138 South Street
	Romford
	RM1 1TE


Registered Number	12754332 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		898		1,692
			898		1,692
Current assets
Stocks	4	3,108		3,058
Debtors	5	-		743
Cash at bank and on hand		3,969		1,402
		7,077		5,203
Creditors amounts falling due within one year	6	(12,977)		(9,776)
Net current assets (liabilities)			(5,900)		(4,573)
Total assets less current liabilities			(5,002)		(2,881)
Net assets			(5,002)		(2,881)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(5,003)		(2,882)
Shareholders' funds			(5,002)		(2,881)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 November 2025, and are signed on its behalf by:

Audrius Jasiliunas
Director
Registered Company No. 12754332

BAVARIAN SPARE PARTS LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	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 policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Current taxation
	Taxation for the year comprises current and deferred tax. Tax is recognized in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognized in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Current taxation

Taxation for the year comprises current and deferred tax. Tax is recognized in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognized in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognized 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 recognized 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 recognized 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 recognized 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.

Deferred tax

Deferred tax is recognized 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 recognized 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 recognized 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.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 August 24	2,402	2,402
Disposals	(735)	(735)
At 31 July 25	1,667	1,667
Depreciation and impairment
At 01 August 24	710	710
Charge for year	299	299
On disposals	(240)	(240)
At 31 July 25	769	769
Net book value
At 31 July 25	898	898
At 31 July 24	1,692	1,692

4.	Stocks

	2025	2024
	£	£
Finished goods	3,108	3,058
Total	3,108	3,058

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	743
Total	-	743

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	130	-
Taxation and social security	2,776	239
Other creditors	10,071	9,537
Total	12,977	9,776

7.	Share capital
	The issued and fully paid share capital of the company was £1 as at 31 July 2025 (2024: £1).