P K Motors Accident Repair Centre - Accounts to registrar (filleted)

REGISTERED NUMBER: 03236088 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

P K MOTORS ACCIDENT REPAIR CENTRE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Rawlingson

Mrs J A Rawlingson

Mrs K Rawlingson

REGISTERED OFFICE:

North Farm Road

Tunbridge Wells

Kent

TN2 3DH

REGISTERED NUMBER:

03236088 (England and Wales)

ACCOUNTANTS:

Beke Lodge Business Consultants Limited

Beke Lodge

Beke Hall Chase North

Rayleigh

Essex

SS6 9EZ

BANKERS:

HSBC

105 Mount Pleasant

Tunbridge Wells

Kent

TN1 1QP

FIXED ASSETS

Tangible assets

4

492,000

359,123

CURRENT ASSETS

Stocks

140,000

72,470

Debtors

5

410,058

549,206

Cash at bank and in hand

207,296

324,869

757,354

946,545

CREDITORS

Amounts falling due within one year

6

318,864

224,952

NET CURRENT ASSETS

438,490

721,593

TOTAL ASSETS LESS CURRENT
LIABILITIES

930,490

1,080,716

CREDITORS

Amounts falling due after more than one year

7

(341,153

)

-

PROVISIONS FOR LIABILITIES

(1,632

)

(11,889

)

NET ASSETS

587,705

1,068,827

CAPITAL AND RESERVES

Called up share capital

5,000

Share premium

41,790

Retained earnings

540,915

1,022,037

SHAREHOLDERS' FUNDS

587,705

1,068,827

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

P J Rawlingson - Director

Mrs J A Rawlingson - Director

Mrs K Rawlingson - Director

1.	STATUTORY INFORMATION

P K Motors Accident Repair Centre 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.

Leasehold improvements

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

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 26 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Leasehold

Plant and

property

improvements

machinery

£

COST

At 1 September 2024

290,508

-

262,136

Additions

-

158,162

4,075

At 31 August 2025

290,508

158,162

266,211

DEPRECIATION

At 1 September 2024

-

220,971

Charge for year

-

15,816

6,786

At 31 August 2025

-

15,816

227,757

NET BOOK VALUE

At 31 August 2025

290,508

142,346

38,454

At 31 August 2024

290,508

-

41,165

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2024

18,016

32,987

115,902

719,549

Additions

-

162,237

At 31 August 2025

18,016

32,987

115,902

881,786

DEPRECIATION

At 1 September 2024

16,986

24,501

97,968

360,426

Charge for year

154

2,121

4,483

29,360

At 31 August 2025

17,140

26,622

102,451

389,786

NET BOOK VALUE

At 31 August 2025

876

6,365

13,451

492,000

At 31 August 2024

1,030

8,486

17,934

359,123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Trade debtors

215,404

211,350

Directors' current accounts

72,457

231,884

Tax

95,068

Prepayments and accrued income

27,129

10,904

410,058

549,206

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Trade creditors

253,276

163,927

Tax

(13,700

)

(11,883

)

Social security and other taxes

58,341

35,873

VAT

17,947

34,035

Accrued expenses

3,000

318,864

224,952

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/8/25

31/8/24

£

Other loans > 5 years

341,153

-

31/8/25

31/8/24

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans > 5 years

341,153

-

8.	RELATED PARTY DISCLOSURES

The company is controlled by Mr. PJ Rawlingson, a director owning 100% of the issued share capital.

As at the balance sheet date there was a balance due from Mr PJ Rawlingson of £72,457 (2024 - due from £231,884). The loan has been fully repaid since the year end.