Abbey Car Repairs Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14355136

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		38,153		45,922

			38,153		45,922
CURRENT ASSETS
Stocks	5	4,000		4,000
Debtors	6	13,338		9,297
Cash at bank and in hand		659		198

		17,997		13,495
Creditors: Amounts Falling Due Within One Year	7	(51,165 )		(26,503 )

NET CURRENT ASSETS (LIABILITIES)			(33,168 )		(13,008 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,985		32,914

Creditors: Amounts Falling Due After More Than One Year	8		(9,318 )		(41,427 )

NET LIABILITIES			(4,333 )		(8,513 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(4,335 )		(8,515 )

SHAREHOLDERS' FUNDS			(4,333)		(8,513)

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Abbey Car Repairs Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Millward

Director

17/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Abbey Car Repairs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14355136 . The registered office is Pennell Street Garage Pennell Street, Bucknall, Stoke-On-Trent, ST2 9BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance basis
Motor Vehicles	20% on reducing balance basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Abbey Car Repairs Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 October 2024	43,047	22,590	65,637

As at 30 September 2025	43,047	22,590	65,637

Depreciation
As at 1 October 2024	14,749	4,966	19,715
Provided during the period	4,244	3,525	7,769

As at 30 September 2025	18,993	8,491	27,484

Net Book Value
As at 30 September 2025	24,054	14,099	38,153

As at 1 October 2024	28,298	17,624	45,922

5. Stocks

	2025	2024
	£	£
Stock	4,000	4,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,476	7,293
Other debtors	7,862	2,004

	13,338	9,297

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,798	16,290
Trade creditors	3,989	8,276
Other creditors	35,056	1,937
Taxation and social security	8,322	-

	51,165	26,503

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,318	-
Other creditors	-	41,427

	9,318	41,427

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Abbey Car Repairs Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,798	16,290
Later than one year and not later than five years	9,318	-

	13,116	16,290

	13,116	16,290

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2025
	£	£	£	£	£
Mr Christopher Millward	-	7,862	-	-	7,862

The above loan is unsecured, interest free and repayable on demand.

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