Cheshire_Paint_Repair_Limited_31_Mar_2026_companies_house_set_of

Company registration number:

09332755

Cheshire Paint Repair Limited

Unaudited Filleted Financial Statements for the year ended

31 March 2026

Cheshire Paint Repair Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of Cheshire Paint Repair Limited

Year ended

31 March 2026

As described on the statement of financial position, the Board of Directors of

Cheshire Paint Repair Limited

are responsible for the preparation of the

financial statements

for the year ended

31 March 2026

, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006.

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

Griffin Accountants

25 Park Street

Macclesfield

Cheshire

SK11 6SS

United Kingdom

Date:

12 May 2026

Cheshire Paint Repair Limited

Statement of Financial Position

31 March 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	14,836		12,455
Current assets
Debtors	6	9,272		9,769
Cash at bank and in hand		28,904		30,307
		38,176		40,076
Creditors: amounts falling due within one year	7	(13,904	)	(20,287	)
Net current assets		24,272		19,789
Total assets less current liabilities		39,108		32,244
Creditors: amounts falling due after more than one year	8	-		(1,005	)
Provisions for liabilities		(2,819	)	(3,864	)
Net assets		36,289		27,375
Capital and reserves
Called up share capital		100		100
Profit and loss account		36,189		27,275
Shareholders funds		36,289		27,375

For the year ending

31 March 2026

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

12 May 2026

, and are signed on behalf of the board by:

Matthew Edward Bennett

Director

Company registration number:

09332755

Cheshire Paint Repair Limited

Notes to the Financial Statements

Year ended

31 March 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

25 Park Street

,

Macclesfield

,

Cheshire

,

SK11 6SS

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods and services is recognised when they are invoiced.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor vehicles	25% reducing balance
Plant and machinery	15% reducing balance
Office equipment	25% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was

2

(2025:

2

).

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2025	31,953
Additions	5,265
At 31 March 2026	37,218
Depreciation
At 1 April 2025	19,498
Charge	2,884
At 31 March 2026	22,382
Carrying amount
At 31 March 2026	14,836
At 31 March 2025	12,455

6 Debtors

	2026	2025
	£	£
Trade debtors	7,458	7,380
Other debtors	1,814	2,389
	9,272	9,769

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,321	5,000
Taxation and social security	10,670	13,887
Other creditors	1,913	1,400
	13,904	20,287

8 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans and overdrafts	-		1,005

9 Guarantees and other financial commitments

At 31 March 2024, the company had total commitments under a non-cancellable operating lease over the remaining period of the lease, to a breakpoint of £2,250 ( 2023 - £8,100)