Paintseal Direct Limited 30/09/2025 iXBRL

Company registration number: 05138063

Paintseal Direct Limited

Unaudited filleted financial statements

30 September 2025

Paintseal Direct Limited

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

Paintseal Direct Limited

Directors and other information


	Director	A Bradbury


	Secretary	L J Bradbury


	Company number	05138063


	Registered office	34 Cross Street
		Long Eaton
		Nottingham
		NG10 1HD


	Business address	40 Monsom Lane
		Repton
		South Derbyshire
		DE65 6FX


	Accountants	C J Lucking & Co
		34 Cross Street
		Long Eaton
		Nottingham
		NG10 1HD




	Bankers	Lloyds Bank plc
		43 Irongate
		Derby
		DE1 3FT

Paintseal Direct Limited

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of Paintseal Direct Limited

Year ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paintseal Direct Limited for the year ended 30 September 2025 which comprise the Balance sheet and related notes 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Paintseal Direct Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Paintseal Direct Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paintseal Direct Limited and its director as a body for our work or for this report.

It is your duty to ensure that Paintseal Direct Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Paintseal Direct Limited. You consider that Paintseal Direct Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Paintseal Direct Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

C J Lucking & Co

Chartered Accountants

34 Cross Street

Long Eaton

Nottingham

NG10 1HD

24 June 2026

Paintseal Direct Limited

Balance sheet

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	162,829		130,598
		_______		_______
			162,829		130,598

Current assets
Stocks		13,749		19,900
Debtors	6	87,235		102,834
Cash at bank and in hand		101,891		33,541
		_______		_______
		202,875		156,275
Creditors: amounts falling due
within one year	7	( 84,516)		( 77,448)
		_______		_______
Net current assets			118,359		78,827
			_______		_______
Total assets less current liabilities			281,188		209,425

Creditors: amounts falling due
after more than one year	8		( 77,441)		( 62,765)

Provisions for liabilities			( 32,225)		( 18,040)

			_______		_______
Net assets			171,522		128,620
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			171,520		128,618
			_______		_______
Shareholders funds			171,522		128,620
			_______		_______

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 June 2026 , and are signed on behalf of the board by:

A Bradbury

Director

Company registration number: 05138063

Paintseal Direct Limited

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 34 Cross Street, Long Eaton, Nottingham, NG10 1HD.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Income is recognised on the date the sealant is applied to the customer's vehicle.

Taxation

The taxation expense represents the aggregate amount of current and deferred taxation recognised in the reporting period. Tax is recognised in the profit and loss account.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.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted at the reporting date that are expected to apply at the reversal of the timing differences.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently recorded at cost less any accumulated depreciation and impairment losses.

Depreciation

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


Long leasehold property	-	4 %	straight line
Plant and machinery	-	10 %	straight line
Fittings fixtures and equipment	-	20 %	straight line
Motor vehicles	-	10 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

Trade and other debtors do not carry interest and are stated at their nominal value. Cash and cash equivalents comprise cash at bank and are also stated at their nominal value. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to the defined contribution plan are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 October 2024	46,278	43,821	11,594	153,079	254,772
Additions	-	-	-	54,388	54,388
Disposals	-	-	-	( 23,000)	( 23,000)
	_______	_______	_______	_______	_______
At 30 September 2025	46,278	43,821	11,594	184,467	286,160
	_______	_______	_______	_______	_______
Depreciation
At 1 October 2024	19,558	35,339	11,594	57,683	124,174
Charge for the year	1,182	1,212	-	17,463	19,857
Disposals	-	-	-	( 20,700)	( 20,700)
	_______	_______	_______	_______	_______
At 30 September 2025	20,740	36,551	11,594	54,446	123,331
	_______	_______	_______	_______	_______
Carrying amount
At 30 September 2025	25,538	7,270	-	130,021	162,829
	_______	_______	_______	_______	_______
At 30 September 2024	26,720	8,482	-	95,396	130,598
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	42,875	48,073
Other debtors	44,360	54,761
	_______	_______
	87,235	102,834
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,204	4,532
Corporation tax	7,250	2,442
Social security and other taxes	35,210	18,661
Other creditors	35,852	51,813
	_______	_______
	84,516	77,448
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	19,348	26,950
Other creditors	58,093	35,815
	_______	_______
	77,441	62,765
	_______	_______

9. Directors advances, credits and guarantees

At the year end the company owed the director £9,538 (2024 - £33,140).

10. Related party transactions

At the year end the company was owed £53,898 (2024 - £54,498) by A Bradbury Limited, a company controlled by the director. The company paid commercial rent of £15,000 (2024 - £15,000) to A Bradbury Limited for use of the office premises during the year.