Active Vehicle Consultants Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03042618

Active Vehicle Consultants Limited

Filleted Unaudited Financial Statements

31 March 2025

Active Vehicle Consultants Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Active Vehicle Consultants Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		625	1,418

Current assets

Debtors	6	27,533	35,989
Cash at bank and in hand		23,843	39,145
		--------	--------
		51,376	75,134

Creditors: amounts falling due within one year	7	31,456		39,183
		--------		--------
Net current assets			19,920	35,951
			--------	--------
Total assets less current liabilities			20,545	37,369
			--------	--------
Net assets			20,545	37,369
			--------	--------

Capital and reserves

Called up share capital	110	110
Profit and loss account	20,435	37,259
	--------	--------
Shareholders funds	20,545	37,369
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 5 December 2025 , and are signed on behalf of the board by:

Mr M J Nevett

Director

Company registration number: 03042618

Active Vehicle Consultants Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 242 Tankerton Road, Whitstable, Kent, CT5 2AY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for vehicle hire and consultancy services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property improvements	-	10% straight line
Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).

5. Tangible assets

	Leasehold property improvements	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 April 2024	10,425	33,226	5,800	49,451
Additions	–	616	–	616
	--------	--------	-------	--------
At 31 March 2025	10,425	33,842	5,800	50,067
	--------	--------	-------	--------
Depreciation
At 1 April 2024	10,425	31,808	5,800	48,033
Charge for the year	–	1,409	–	1,409
	--------	--------	-------	--------
At 31 March 2025	10,425	33,217	5,800	49,442
	--------	--------	-------	--------
Carrying amount
At 31 March 2025	–	625	–	625
	--------	--------	-------	--------
At 31 March 2024	–	1,418	–	1,418
	--------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	18,100	35,989
Other debtors	9,433	–
	--------	--------
	27,533	35,989
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	9,626	6,713
Corporation tax	11,631	17,827
Social security and other taxes	6,149	10,104
Other creditors	4,050	4,539
	--------	--------
	31,456	39,183
	--------	--------

8. Directors' advances, credits and guarantees

During the year, the company made aggregate advances to the directors of £22,131 (2024: £6,782) and the directors made aggregate repayments of £18,565 (2024: £8,190). Interest of £95 (2024: £Nil) was charged on the outstanding balance at a rate of 2.25% per annum. At the year end, the company was owed £2,683 (2024: the company owed £489) by the directors.