IRIS Accounts Production v25.4.0.155 05408874 Board of Directors 1.4.24 31.3.25 31.3.25 the sale of Black Taxi Parts. false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05408874 2024-03-31 05408874 2025-03-31 05408874 2024-04-01 2025-03-31 05408874 2023-03-31 05408874 2023-04-01 2024-03-31 05408874 2024-03-31 05408874 ns15:EnglandWales 2024-04-01 2025-03-31 05408874 ns14:PoundSterling 2024-04-01 2025-03-31 05408874 ns10:Director1 2024-04-01 2025-03-31 05408874 ns10:CompanySecretary1 2024-04-01 2025-03-31 05408874 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05408874 ns10:SmallEntities 2024-04-01 2025-03-31 05408874 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05408874 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05408874 ns10:FullAccounts 2024-04-01 2025-03-31 05408874 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 05408874 ns10:Director2 2024-04-01 2025-03-31 05408874 ns10:RegisteredOffice 2024-04-01 2025-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2023-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 05408874 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 05408874 ns5:CurrentFinancialInstruments 2025-03-31 05408874 ns5:CurrentFinancialInstruments 2024-03-31 05408874 ns5:ShareCapital 2025-03-31 05408874 ns5:ShareCapital 2024-03-31 05408874 ns5:MotorVehicles 2024-04-01 2025-03-31 05408874 ns5:ComputerEquipment 2024-04-01 2025-03-31 05408874 ns5:OwnedAssets 2024-04-01 2025-03-31 05408874 ns5:OwnedAssets 2023-04-01 2024-03-31 05408874 ns5:MotorVehicles 2024-03-31 05408874 ns5:ComputerEquipment 2024-03-31 05408874 ns5:MotorVehicles 2025-03-31 05408874 ns5:ComputerEquipment 2025-03-31 05408874 ns5:MotorVehicles 2024-03-31 05408874 ns5:ComputerEquipment 2024-03-31 05408874 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 05408874 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COVENTRY MOTOR PARTS LIMITED

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

Page |

| Company Information | 1 |

| Report of the Directors | 2 |

| Statement of Income and Retained Earnings | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 5 |

| COVENTRY MOTOR PARTS LIMITED |

COMPANY INFORMATION

for the Year Ended 31 MARCH 2025

| DIRECTORS: | J P Smith

| T S Smith

| SECRETARY: | J P Smith

| REGISTERED OFFICE: | 259 Croydon Road

| Beckenham

| Kent

| BR3 3PS

| REGISTERED NUMBER: | 05408874 (England and Wales)

| ACCOUNTANTS: | HARLEYS

| 259 Croydon Road

| Beckenham

| Kent

| BR3 3PS

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

REPORT OF THE DIRECTORS

for the Year Ended 31 MARCH 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIVIDENDS

No interim dividend was paid during the year. The directors recommend a final dividend of £100 per share.

The total distribution of dividends for the year ended 31 March 2025 will be £ 10,000 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

J P Smith

T S Smith

ON BEHALF OF THE BOARD:

J P Smith - Secretary

4 March 2026

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

STATEMENT OF INCOME AND

RETAINED EARNINGS

for the Year Ended 31 MARCH 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

TURNOVER | 98,403 |  | 91,786 |  |

Cost of sales | 35,028 |  | 36,385 |  |

GROSS PROFIT | 63,375 |  | 55,401 |  |

Administrative expenses | 48,378 |  | 48,114 |  |

OPERATING PROFIT | 4 | 14,997 |  | 7,287 |  |

Interest receivable and similar income | 265 |  | 150 |  |

PROFIT BEFORE TAXATION | 15,262 |  | 7,437 |  |

Tax on profit | 5 | 2,950 |  | 900 |  |

PROFIT FOR THE FINANCIAL YEAR | 12,312 |  | 6,537 |  |

Retained earnings at beginning of year | 9,959 |  | 13,422 |  |

Dividends | (10,000 | ) | (10,000 | ) |

RETAINED EARNINGS AT END OF YEAR | 12,271 |  | 9,959 |  |

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 6 | 343 |  | 493 |  |

CURRENT ASSETS

Stocks | 7 | 3,507 |  | 3,124 |  |

Debtors | 8 | 12,528 |  | 9,822 |  |

Cash at bank | 27,649 |  | 19,007 |  |

43,684 |  | 31,953 |  |

CREDITORS

Amounts falling due within one year | 9 | 31,456 |  | 22,187 |  |

NET CURRENT ASSETS | 12,228 |  | 9,766 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 12,571 |  | 10,259 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 300 |  | 300 |  |

Retained earnings | 11 | 12,271 |  | 9,959 |  |

SHAREHOLDERS' FUNDS | 12,571 |  | 10,259 |  |

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2026 and were signed on its behalf by:

T S Smith - Director

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

1. | STATUTORY INFORMATION

| COVENTRY MOTOR PARTS LIMITED 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.

| Tangible fixed assets

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

| Motor vehicles | - | 25% on reducing balance

| Office equipment | - | 33% 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 Statement of Income and Retained Earnings, 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

| 31.3.25 |  | 31.3.24

£ | £ |

| Wages and salaries | 55,000 |  | 55,000 |  |

| Social security costs | 79 |  | 79 |  |

55,079 |  | 55,079 |  |

| The average number of employees during the year was as follows:

| 31.3.25 |  | 31.3.24

| Delivery | 1 |  | 1 |  |

| Administration | 1 |  | 1 |  |

2 |  | 2 |  |

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

4. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31.3.25 |  | 31.3.24

£ | £ |

| Depreciation - owned assets | 150 |  | 207 |  |

5. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Current tax:

| UK corporation tax | 2,950 |  | 900 |  |

| Tax on profit | 2,950 |  | 900 |  |

6. | TANGIBLE FIXED ASSETS

| Motor |  | Office |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 1,542 |  | 3,506 |  | 5,048 |  |

| DEPRECIATION

| At 1 April 2024 | 1,317 |  | 3,238 |  | 4,555 |  |

| Charge for year | 60 |  | 90 |  | 150 |  |

| At 31 March 2025 | 1,377 |  | 3,328 |  | 4,705 |  |

| NET BOOK VALUE

| At 31 March 2025 | 165 |  | 178 |  | 343 |  |

| At 31 March 2024 | 225 |  | 268 |  | 493 |  |

7. | STOCKS

| 31.3.25 |  | 31.3.24

£ | £ |

| Stocks | 3,507 |  | 3,124 |  |

8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 12,528 |  | 9,822 |  |

| COVENTRY MOTOR PARTS LIMITED (Registered number: 05408874) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 2,344 |  | 3,659 |  |

| Tax | 2,972 |  | 900 |  |

| Social security and other taxes | 931 |  | 898 |  |

| VAT | 2,541 |  | 2,126 |  |

| Directors' loan accounts | 20,983 |  | 12,969 |  |

| Accrued expenses | 1,685 |  | 1,635 |  |

31,456 |  | 22,187 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 300 | Ordinary | £1 | 300 |  | 300 |  |

11. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2024 | 9,959 |  |

| Profit for the year | 12,312 |  |

| Dividends | (10,000 | ) |

| At 31 March 2025 | 12,271 |  |