REGISTERED NUMBER: 12719420 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Lydiard Vehicle Preparation Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P J Burch

Mrs C L Burch

REGISTERED OFFICE:

Northfield House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

Unit 4 Lydiard Service Station

The Street

Lydiard Millicent

Wiltshire

SN5 3LU

REGISTERED NUMBER:

12719420 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

CURRENT ASSETS

Debtors

4

869

733

Cash at bank

581

278

1,450

1,011

CREDITORS

Amounts falling due within one year

5

1,140

720

NET CURRENT ASSETS

310

291

TOTAL ASSETS LESS CURRENT LIABILITIES

310

291

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

210

191

SHAREHOLDERS' FUNDS

310

291

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 17 December 2025 and were signed on its behalf by:

Mr P J Burch - Director

1.	STATUTORY INFORMATION

Lydiard Vehicle Preparation Services Ltd 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

869

-

Directors' current accounts

-

654

Corporation tax

-

79

869

733

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Corporation tax

124

-

Directors' current accounts

296

-

Accrued expenses

720

720

1,140

720

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

50

Ordinary A

£1.00

50

50

50

Ordinary B

£1

50

50

100

100

7.

RESERVES

Retained

earnings

£

At 1 April 2024

191

Profit for the year

1,019

Dividends

(1,000

)

At 31 March 2025

210

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr P J Burch

Balance outstanding at start of year

654

605

Amounts advanced

-

49

Amounts repaid

(654

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

654

No interest was charged on Mr Burch's account at any point during the year. The balance on his account at 31 March 2025 was £296 in credit.

9.	RELATED PARTY DISCLOSURES

During the year Mr P J Burch received dividends from the company of £500.

Mr Burch also owns all of the voting share capital of Swindon Vehicle Solutions Limited. During the year there were transactions with that company of £869. This was also the debit balance on the account at 31 March 2025 and is shown in other debtors.

10.	ULTIMATE CONTROLLING PARTY

Mr P J Burch is the ultimate controlling party by virtue of his holding all of the company's issued, voting share capital.