30 December 2024 false No description of principal activity Taxfiler 2024.6 16154905business:PrivateLimitedCompanyLtd2024-12-302025-12-31 161549052024-12-29 161549052024-12-302025-12-31 16154905business:AuditExempt-NoAccountantsReport2024-12-302025-12-31 16154905business:FilletedAccounts2024-12-302025-12-31 161549052025-12-31 16154905business:Director12024-12-302025-12-31 16154905business:RegisteredOffice2024-12-302025-12-31 16154905core:WithinOneYear2025-12-31 16154905core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 16154905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 16154905core:PreviouslyStatedAmount2025-12-31 16154905business:SmallEntities2024-12-302025-12-31 16154905countries:EnglandWales2024-12-302025-12-31 16154905core:PlantMachinery2024-12-302025-12-31 16154905core:ComputerEquipment2024-12-302025-12-31 16154905core:PlantMachinery2024-12-29 16154905core:ComputerEquipment2024-12-29 16154905core:PlantMachinery2025-12-31 16154905core:ComputerEquipment2025-12-31 iso4217:GBP xbrli:pure
Company Registration No. 16154905 (England and Wales)
Prs Auto Services Ltd Unaudited accounts for the period from 30 December 2024 to 31 December 2025
Prs Auto Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Prs Auto Services Ltd Company Information for the period from 30 December 2024 to 31 December 2025
Director
P Sullivan
Company Number
16154905 (England and Wales)
Registered Office
143 Edmunds Road Banbury Oxfordshire OX16 0QR England
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Prs Auto Services Ltd Statement of financial position as at 31 December 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
21,624 
Current assets
Inventories
4,500 
Debtors
5
6,906 
Cash at bank and in hand
12,628 
24,034 
Creditors: amounts falling due within one year
6
(46,857)
Net current liabilities
(22,823)
Net liabilities
(1,199)
Capital and reserves
Called up share capital
1 
Profit and loss account
(1,200)
Shareholders' funds
(1,199)
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 July 2026 and were signed on its behalf by
P Sullivan Director Company Registration No. 16154905
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Prs Auto Services Ltd Notes to the Accounts for the period from 30 December 2024 to 31 December 2025
1
Statutory information
Prs Auto Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 16154905. The registered office is 143 Edmunds Road, Banbury, Oxfordshire, OX16 0QR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 December 2024
- 
- 
- 
Additions
22,241 
3,625 
25,866 
At 31 December 2025
22,241 
3,625 
25,866 
Depreciation
Charge for the period
3,336 
906 
4,242 
At 31 December 2025
3,336 
906 
4,242 
Net book value
At 31 December 2025
18,905 
2,719 
21,624 
5
Debtors
2025 
£ 
Amounts falling due within one year
Trade debtors
4,633 
Accrued income and prepayments
2,273 
6,906 
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Prs Auto Services Ltd Notes to the Accounts for the period from 30 December 2024 to 31 December 2025
6
Creditors: amounts falling due within one year
2025 
£ 
Bank loans and overdrafts
17,050 
VAT
3,707 
Trade creditors
21,556 
Taxes and social security
1,366 
Loans from directors
1,878 
Accruals
1,300 
46,857 
7
Average number of employees
During the period the average number of employees was 0.
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