SIDCUP AUTO REPAIRS LIMITED - Filleted accounts

Registered number

08721848

SIDCUP AUTO REPAIRS LIMITED

Filleted Accounts

31 October 2025

SIDCUP AUTO REPAIRS LIMITED
Registered number:		08721848
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		607			910
Tangible assets	4		34,731			14,911
			35,338			15,821

Current assets
Stocks		950			-
Debtors	5	19,306			20,069
Cash at bank and in hand		15,223			13,566
		35,479			33,635

Creditors: amounts falling due within one year	6	(59,276)			(44,158)

Net current liabilities			(23,797)			(10,523)

Total assets less current liabilities			11,541			5,298


Provisions for liabilities			(6,000)			(3,579)


Net assets			5,541			1,719

Capital and reserves
Called up share capital			100			100
Profit and loss account			5,441			1,619

Shareholders' funds			5,541			1,719

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




E Toros
Director
Approved by the board on 24 July 2026

SIDCUP AUTO REPAIRS LIMITED
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	20% straight line
	Plant and machinery	20% straight line
	Fixtures, fittings, tools and equipment	20% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 November 2024					3,035
	At 31 October 2025					3,035

	Amortisation
	At 1 November 2024					2,125
	Provided during the year					303
	At 31 October 2025					2,428

	Net book value
	At 31 October 2025					607
	At 31 October 2024					910

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	69,727		15,958		85,685
	Additions	2,878		30,045		32,923
	At 31 October 2025	72,605		46,003		118,608

	Depreciation
	At 1 November 2024	61,957		8,817		70,774
	Charge for the year	3,903		9,200		13,103
	At 31 October 2025	65,860		18,017		83,877

	Net book value
	At 31 October 2025	6,745		27,986		34,731
	At 31 October 2024	7,770		7,141		14,911


5	Debtors			2025		2024
£					£

	Trade debtors			570		-
	Corporation tax recoverable asset			18,736		18,736
	Other debtors			-		1,333
				19,306		20,069


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			846		2,139
	Trade creditors			58,967		24,176
	Taxation and social security costs			54,178		73,289
	Wages control a/c			3,580		-
	Pension control a/c			74		72
	Other creditors			(58,369)		(55,518)
				59,276		44,158


7	Other information

	SIDCUP AUTO REPAIRS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Unit C
	8 Halfway Street
	Sidcup
	Kent
	DA15 8LL