REGISTERED NUMBER: 07152503 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Avonshire Vehicle Repairs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S F Bond

Mrs S Bond

REGISTERED OFFICE:

Unit 4A

Tabernacle Road

Wotton Under Edge

Gloucestershire

GL12 7EF

REGISTERED NUMBER:

07152503 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Intangible assets

4

11,812

14,062

Tangible assets

5

40,526

28,391

52,338

42,453

CURRENT ASSETS

Debtors

6

26,625

42,845

Cash at bank and in hand

2,025

3,051

28,650

45,896

CREDITORS

Amounts falling due within one year

7

63,928

76,484

NET CURRENT LIABILITIES

(35,278

)

(30,588

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,060

11,865

CREDITORS

Amounts falling due after more than one year

8

17,522

21,564

NET LIABILITIES

(462

)

(9,699

)

RESERVES

Retained earnings

(462

)

(9,699

)

(462

)

(9,699

)

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 19 December 2025 and were signed on its behalf by:

S F Bond - Director

Mrs S Bond - Director

1.	STATUTORY INFORMATION

Avonshire Vehicle Repairs 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 15% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

45,000

AMORTISATION

At 1 April 2024

30,938

Charge for year

2,250

At 31 March 2025

33,188

NET BOOK VALUE

At 31 March 2025

11,812

At 31 March 2024

14,062

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

109,392

Additions

21,870

At 31 March 2025

131,262

DEPRECIATION

At 1 April 2024

81,001

Charge for year

9,735

At 31 March 2025

90,736

NET BOOK VALUE

At 31 March 2025

40,526

At 31 March 2024

28,391

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

11,545

8,009

Directors' current accounts

5,742

25,494

Tax

8,632

8,632

Prepayments

307

311

26,226

42,446

2025

2024

£

£

Amounts falling due after more than one year:

Directors' loan accounts

399

399

Aggregate amounts

26,625

42,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,935

25,274

Hire purchase contracts

5,835

2,762

Trade creditors

23,488

29,912

Tax

2,375

3,672

Social security and other taxes

4,149

3,758

VAT

6,513

7,816

Other creditors

1,432

403

Pension creditor

563

364

Accrued expenses

2,638

2,523

63,928

76,484

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

6,186

21,564

Hire purchase contracts

11,336

-

17,522

21,564

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

S F Bond

Balance outstanding at start of year

(12,946

)

(15,117

)

Amounts advanced

9,876

2,171

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,070

)

(12,946

)

Mrs S Bond

Balance outstanding at start of year

(12,946

)

(15,117

)

Amounts advanced

9,876

2,171

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,070

)

(12,946

)

Interest of £126, calculated using an interest rate of 2.25%, was paid during the year.