Company Registration No. 06714506 (England and Wales)
Target Vehicle Assessors Limited
Unaudited accounts
for the year ended 31 October 2025
Target Vehicle Assessors Limited
Unaudited accounts
Contents
Target Vehicle Assessors Limited
Company Information
for the year ended 31 October 2025
Directors
Philip Durham
Sally Durham
Company Number
06714506 (England and Wales)
Registered Office
117 RHYDYPENAU ROAD
CARDIFF
CF23 6PZ
WALES
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Target Vehicle Assessors Limited for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Target Vehicle Assessors Limited for the year ended
31 October 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
14 May 2026
Target Vehicle Assessors Limited
Statement of financial position
as at 31 October 2025
Tangible assets
2,469
3,292
Cash at bank and in hand
5,164
7,155
Creditors: amounts falling due within one year
(6,156)
(10,728)
Net current assets
3,363
1,227
Called up share capital
100
100
Profit and loss account
5,732
4,419
Shareholders' funds
5,832
4,519
For the year ending 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by
Philip Durham
Director
Company Registration No. 06714506
Target Vehicle Assessors Limited
Notes to the Accounts
for the year ended 31 October 2025
Target Vehicle Assessors Limited is a private company, limited by shares, registered in England and Wales, registration number 06714506. The registered office is 117 RHYDYPENAU ROAD, CARDIFF, CF23 6PZ, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Target Vehicle Assessors Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
514
10,011
10,525
At 31 October 2025
514
10,011
10,525
At 1 November 2024
514
6,719
7,233
Charge for the year
-
823
823
At 31 October 2025
514
7,542
8,056
At 31 October 2025
-
2,469
2,469
At 31 October 2024
-
3,292
3,292
Amounts falling due within one year
Accrued income and prepayments
1,915
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,945
3,190
Loans from directors
2,627
5,954
7
Transactions with related parties
The company was under the control of Mrs Sally Durham for the whole year. Mrs Durham owns 100% of the share capital. Mrs Durham received £6,000 in dividends during the year (2024: £8,600).
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).