REGISTERED NUMBER: 15557294 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Cosmetic Motor Refinishing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Reeves

REGISTERED OFFICE:

C/o KRPM Business Solutions Limited

Little Bursdon

Hartland

Bideford

Devon

EX39 6HB

REGISTERED NUMBER:

15557294 (England and Wales)

ACCOUNTANTS:

KRPM Business Solutions Limited

Little Bursdon

Hartland

Bideford

Devon

EX39 6HB

FIXED ASSETS

Tangible assets

4

74,601

24,156

CURRENT ASSETS

Stocks

12,000

39,050

Debtors

5

14,779

4,248

Cash at bank

100,768

50,318

127,547

93,616

CREDITORS

Amounts falling due within one year

6

46,689

8,320

NET CURRENT ASSETS

80,858

85,296

TOTAL ASSETS LESS CURRENT LIABILITIES

155,459

109,452

CREDITORS

Amounts falling due after more than one year

7

55,902

61,550

NET ASSETS

99,557

47,902

CAPITAL AND RESERVES

Called up share capital

100

-

Retained earnings

99,457

47,902

99,557

47,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 June 2026 and were signed by:

C Reeves - Director

1.	STATUTORY INFORMATION

Cosmetic Motor Refinishing 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.

Plant and machinery etc

-

25% on cost

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 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

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

-

32,208

32,208

Additions

36,750

49,662

86,412

Disposals

-

(23,250

)

(23,250

)

At 31 March 2026

36,750

58,620

95,370

DEPRECIATION

At 1 April 2025

-

8,052

8,052

Charge for year

-

12,717

12,717

At 31 March 2026

-

20,769

20,769

NET BOOK VALUE

At 31 March 2026

36,750

37,851

74,601

At 31 March 2025

-

24,156

24,156

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

14,779

4,248

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

24,129

8,027

Other creditors

22,560

293

46,689

8,320

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other creditors

55,902

61,550