Registration number: 15553782

Plaister Autos Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Plaister Autos Limited

(Registration number: 15553782)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	112,000	126,000
Tangible assets	5	19,394	19,474
		131,394	145,474
Current assets
Stocks		2,200	1,500
Debtors	6	10,318	9,486
Cash at bank and in hand		84,921	76,013
		97,439	86,999
Creditors: Amounts falling due within one year	7	(200,444)	(220,449)
Net current liabilities		(103,005)	(133,450)
Total assets less current liabilities		28,389	12,024
Provisions for liabilities		(757)	(202)
Net assets		27,632	11,822
Capital and reserves
Called up share capital		100	100
Retained earnings		27,532	11,722
Shareholders' funds		27,632	11,822

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 July 2026 and signed on its behalf by:
 

Plaister Autos Limited

(Registration number: 15553782)
Balance Sheet as at 31 March 2026

......................................... C Plaister Director

......................................... R Gould Director

......................................... J Bull Director

Plaister Autos Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit A, Dunbeath Road
Elgin Trading Estate
Swindon
Wiltshire
SN2 8EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance
Plant & machinery	20% reducing balance

Plaister Autos Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Goodwill

Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 6).

Plaister Autos Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	140,000	140,000
At 31 March 2026	140,000	140,000
Amortisation
At 1 April 2025	14,000	14,000
Amortisation charge	14,000	14,000
At 31 March 2026	28,000	28,000
Carrying amount
At 31 March 2026	112,000	112,000
At 31 March 2025	126,000	126,000

Plaister Autos Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	17,094	5,906	23,000
Additions	2,322	1,100	3,422
Disposals	-	(727)	(727)
At 31 March 2026	19,416	6,279	25,695
Depreciation
At 1 April 2025	2,049	1,477	3,526
Charge for the year	1,849	1,131	2,980
Eliminated on disposal	-	(205)	(205)
At 31 March 2026	3,898	2,403	6,301
Carrying amount
At 31 March 2026	15,518	3,876	19,394
At 31 March 2025	15,045	4,429	19,474

6

Debtors

Current	2026 £	2025 £
Trade debtors	2,702	3,323
Prepayments	5,875	5,896
Other debtors	1,741	267
	10,318	9,486

Plaister Autos Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	10,983	9,147
Taxation and social security	42,410	33,890
Other creditors	147,051	177,412
	200,444	220,449