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Company Registration No. 07198159 (England and Wales)
PAA Vehicle Sales Ltd Unaudited accounts for the year ended 31 March 2025
PAA Vehicle Sales Ltd Unaudited accounts Contents
Page
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PAA Vehicle Sales Ltd Company Information for the year ended 31 March 2025
Director
Robert Martin
Company Number
07198159 (England and Wales)
Registered Office
LANGSHOTT SERVICE STATION 2 SMALLFIELD ROAD HORLEY SURREY RH6 9AU UNITED KINGDOM
Accountants
Touchcomp Accounts Ltd 29 Willowhayne Avenue East Preston Littlehampton West Sussex BN16 1PE
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PAA Vehicle Sales Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
152,650 
277,250 
Debtors
18,018 
- 
Cash at bank and in hand
206,539 
106,552 
377,207 
383,802 
Creditors: amounts falling due within one year
(205,836)
(172,128)
Net current assets
171,371 
211,674 
Total assets less current liabilities
171,371 
211,674 
Creditors: amounts falling due after more than one year
(2,027)
(27,274)
Net assets
169,344 
184,400 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
169,342 
184,398 
Shareholders' funds
169,344 
184,400 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
Robert Martin Director Company Registration No. 07198159
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PAA Vehicle Sales Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PAA Vehicle Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 07198159. The registered office is LANGSHOTT SERVICE STATION, 2 SMALLFIELD ROAD, HORLEY, SURREY, RH6 9AU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
1,060 
At 31 March 2025
1,060 
Depreciation
At 1 April 2024
1,060 
At 31 March 2025
1,060 
Net book value
At 31 March 2025
- 
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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