LIAM KENNY MOTOR BODY REPAIRS LIMITED

Company Registration Number:
04006526 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 735,086 666,800
Total fixed assets: 735,086 666,800
Current assets
Stocks: 55,713 51,150
Debtors:   129,137 163,763
Cash at bank and in hand: 162,075 149,599
Total current assets: 346,925 364,512
Creditors: amounts falling due within one year:   (333,458) (332,106)
Net current assets (liabilities): 13,467 32,406
Total assets less current liabilities: 748,553 699,206
Creditors: amounts falling due after more than one year:   (257,192) (265,393)
Total net assets (liabilities): 491,361 433,813
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 491,359 433,811
Shareholders funds: 491,361 433,813

The notes form part of these financial statements

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 19 June 2025
and signed on behalf of the board by:

Name: J Kenny
Status: Director

The notes form part of these financial statements

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Land & buildings NIL - Asset valuation subject to annual review Plant & machinery 25% reducing balance

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 11 10

LIAM KENNY MOTOR BODY REPAIRS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,045,700
Additions 129,173
Disposals (50,828)
At 31 March 2025 1,124,045
Depreciation
At 01 April 2024 378,900
Charge for year 48,976
On disposals (38,917)
At 31 March 2025 388,959
Net book value
At 31 March 2025 735,086
At 31 March 2024 666,800