REGISTERED NUMBER: 04645327

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

S & C (CAR & COMMERCIAL) REPAIRS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

A C Stephens

P L Capps

SECRETARY:

A C Stephens

REGISTERED OFFICE:

21/29 Raglan Street

Lowestoft

Suffolk

NR32 2JP

REGISTERED NUMBER:

04645327

ACCOUNTANTS:

Edward Back & Co

Mancroft Towers

Oulton Broad

Lowestoft

Suffolk

NR32 3PS

FIXED ASSETS

Tangible assets

4

27,418

31,099

CURRENT ASSETS

Stocks

5

38,836

30,965

Debtors

6

8,661

18,614

Cash at bank and in hand

21,729

35,401

69,226

84,980

CREDITORS

Amounts falling due within one year

7

55,393

66,520

NET CURRENT ASSETS

13,833

18,460

TOTAL ASSETS LESS CURRENT LIABILITIES

41,251

49,559

CREDITORS

Amounts falling due after more than one year

8

(3,333

)

(13,333

)

PROVISIONS FOR LIABILITIES

10

(4,094

)

(4,782

)

NET ASSETS

33,824

31,444

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

12

33,822

31,442

SHAREHOLDERS' FUNDS

33,824

31,444

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th December 2025 and were signed on its behalf by:

A C Stephens - Director

1.	STATUTORY INFORMATION

S & C (Car & Commercial) Repairs Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 4 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st April 2024

5,603

99,005

4,409

Additions

-

490

-

At 31st March 2025

5,603

99,495

4,409

DEPRECIATION

At 1st April 2024

-

79,562

3,677

Charge for year

-

2,990

110

At 31st March 2025

-

82,552

3,787

NET BOOK VALUE

At 31st March 2025

5,603

16,943

622

At 31st March 2024

5,603

19,443

732

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

39,885

6,843

155,745

Additions

-

154

644

At 31st March 2025

39,885

6,997

156,389

DEPRECIATION

At 1st April 2024

35,844

5,563

124,646

Charge for year

1,010

215

4,325

At 31st March 2025

36,854

5,778

128,971

NET BOOK VALUE

At 31st March 2025

3,031

1,219

27,418

At 31st March 2024

4,041

1,280

31,099

5.

STOCKS

2025

2024

£

£

Stocks

38,836

29,470

Work-in-progress

-

1,495

38,836

30,965

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,837

14,407

Prepayments

2,824

4,207

8,661

18,614

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

10,000

10,000

Trade creditors

13,075

26,142

Tax

8,571

6,975

Social security and other taxes

1,611

1,820

Other creditors

332

273

Value added tax

10,884

12,189

Barclaycard Commercial credit card

687

329

Directors' current accounts

7,373

5,938

Accrued expenses

2,860

2,854

55,393

66,520

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

3,333

13,333

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

3,333

13,333

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

4,094

4,782

Deferred

tax

£

Balance at 1st April 2024

4,782

Accelerated capital allowances

(688

)

Balance at 31st March 2025

4,094

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

12.

RESERVES

Retained

earnings

£

At 1st April 2024

31,442

Profit for the year

33,580

Dividends

(31,200

)

At 31st March 2025

33,822

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31st March 2025 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Edward Back & Co

Mancroft Towers

Oulton Broad

Lowestoft

Suffolk

NR32 3PS

30th December 2025