REGISTERED NUMBER: 16026883 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 OCTOBER 2024 TO 31 JANUARY 2026

FOR

3RD GEN VEHICLE DIAGNOSTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R S Elliott

J R Elliott

REGISTERED OFFICE:

1 - Latham Avenue

Frimley

Camberley

Surrey

GU16 8PW

REGISTERED NUMBER:

16026883 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

34,152

CURRENT ASSETS

Debtors

5

9,913

Cash at bank

2,786

12,699

CREDITORS

Amounts falling due within one year

6

58,605

NET CURRENT LIABILITIES

(45,906

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,754

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(11,854

)

SHAREHOLDERS' FUNDS

(11,754

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 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 3 July 2026 and were signed on its behalf by:

Mrs R S Elliott - Director

1.	STATUTORY INFORMATION

3rd Gen Vehicle Diagnostics 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

The financial statements have been prepared on a going concern basis notwithstanding the company's net current liabilities position as at the period end. A related company has provided with an undertaking to continue support financially for the foreseeable future and will not seek repayment of the amounts currently owing in the twelve months from the date of signing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognition

Revenue from motor vehicle maintenance and repair services is recognised in the accounting period when the services are rendered.

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 - 25% reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Taxation

Taxation for the period 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 period 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 period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Additions

45,536

At 31 January 2026

45,536

DEPRECIATION

Charge for period

11,384

At 31 January 2026

11,384

NET BOOK VALUE

At 31 January 2026

34,152

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

9,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

8,375

Amounts owed to related company

46,870

VAT

960

Accrued expenses

2,400

58,605

7.	RELATED PARTY DISCLOSURES

Included in creditors as at period end is £46,870, an amount owed to M & S Accident Repairs Limited, a related company by virtue of common control. The amounts due are interest free and there are no specific terms of repayment.