REGISTERED NUMBER: 15029732 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Craig Hornby Auto Paint Repairs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Hornby

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

15029732 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

64,533

80,665

CURRENT ASSETS

Debtors

5

26,384

26,780

Cash at bank and in hand

22,175

6,119

48,559

32,899

CREDITORS

Amounts falling due within one year

6

35,808

10,212

NET CURRENT ASSETS

12,751

22,687

TOTAL ASSETS LESS CURRENT LIABILITIES

77,284

103,352

CREDITORS

Amounts falling due after more than one year

7

(87,885

)

(111,714

)

PROVISIONS FOR LIABILITIES

(9,241

)

(11,551

)

NET LIABILITIES

(19,842

)

(19,913

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(19,942

)

(20,013

)

SHAREHOLDERS' FUNDS

(19,842

)

(19,913

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 14 July 2026 and were signed by:

C A Hornby - Director

1.	STATUTORY INFORMATION

Craig Hornby Auto Paint Repairs Ltd 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year 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.

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 year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

112,460

DEPRECIATION

At 1 April 2025

31,795

Charge for year

16,132

At 31 March 2026

47,927

NET BOOK VALUE

At 31 March 2026

64,533

At 31 March 2025

80,665

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

26,284

22,257

Directors' loan accounts

-

4,423

Called up share capital not paid

100

100

26,384

26,780

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

(70

)

(358

)

Tax

20,828

3,110

Social security and other taxes

1,028

1,979

VAT

11,947

4,097

Directors' loan accounts

252

-

Accrued expenses

1,823

1,384

35,808

10,212

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans - 1-2 years

9,814

15,477

Bank loans - 2-5 years

29,738

37,904

Other loans - 2-5 years

48,333

58,333

87,885

111,714

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director / sole share holder nominated a loan of £4,000 to be repaid within 9 months.