REGISTERED NUMBER: 07060084 (England and Wales)

Unaudited Financial Statements

for the Period 31 October 2024 to 31 October 2025

for

Mendip Autoserve Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T R Day

REGISTERED OFFICE:

Units 1 - 3

Bridge Farm

Pylle

Shepton Mallet

BA4 6TA

REGISTERED NUMBER:

07060084 (England and Wales)

ACCOUNTANTS:

Accounting Solutions

2 Northside

Wells Road

Chilcompton

Radstock

BA3 4ET

FIXED ASSETS

Tangible assets

4

98,754

93,714

CURRENT ASSETS

Stocks

558,240

464,555

Debtors

5

153,381

52,784

Cash at bank and in hand

158,902

205,261

870,523

722,600

CREDITORS

Amounts falling due within one year

6

741,399

563,915

NET CURRENT ASSETS

129,124

158,685

TOTAL ASSETS LESS CURRENT LIABILITIES

227,878

252,399

CREDITORS

Amounts falling due after more than one year

7

-

(5,833

)

PROVISIONS FOR LIABILITIES

(13,668

)

(13,668

)

NET ASSETS

214,210

232,898

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

214,209

232,897

SHAREHOLDERS' FUNDS

214,210

232,898

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 July 2026 and were signed by:

Mr T R Day - Director

1.	STATUTORY INFORMATION

Mendip Autoserve 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

5% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 31 October 2024

42,677

82,436

-

Additions

-

9,177

288

At 31 October 2025

42,677

91,613

288

DEPRECIATION

At 31 October 2024

3,632

40,407

-

Charge for period

1,952

7,681

72

At 31 October 2025

5,584

48,088

72

NET BOOK VALUE

At 31 October 2025

37,093

43,525

216

At 30 October 2024

39,045

42,029

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 October 2024

24,814

-

149,927

Additions

10,339

1,024

20,828

At 31 October 2025

35,153

1,024

170,755

DEPRECIATION

At 31 October 2024

12,174

-

56,213

Charge for period

5,745

338

15,788

At 31 October 2025

17,919

338

72,001

NET BOOK VALUE

At 31 October 2025

17,234

686

98,754

At 30 October 2024

12,640

-

93,714

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

124,541

33,087

Other debtors

28,840

19,697

153,381

52,784

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,834

10,000

Hire purchase contracts

-

109,170

Trade creditors

457,720

164,294

Taxation and social security

108,612

90,398

Other creditors

169,233

190,053

741,399

563,915

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

5,833