Ultimate Accident Repair Services Limited

Registered Number: 10390842 Ultimate Accident Repair Services Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	924	1,344
Tangible fixed assets	4	160,516	89,244
		161,440	90,588
Current assets
Stocks		35,170	30,583
Debtors: amounts falling due within one year		264,835	436,049
Cash at bank and in hand		648,816	342,177
		948,821	808,809
Creditors: amount falling due within one year		(376,365)	(264,465)
Net current assets		572,456	544,344

Total assets less current liabilities		733,896	634,932
Creditors: amount falling due after more than one year		-	(1,687)
Net assets		733,896	633,245

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		733,796	633,145
Shareholders' funds		733,896	633,245

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 26 August 2026 and were signed by:

-------------------------------
Mr A Matthews
Director

Ultimate Accident Repair Services Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Ultimate Accident Repair Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10390842, registration address 1 Empire Way, Gloucester, Gloucestershire, GL2 5HY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	20% Straight Line
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 11 (2025 : 13).

Intangible fixed assets

Cost	Goodwill	Software	Total
	£	£	£
At 01 April 2025	40,000	3,360	43,360
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	40,000	3,360	43,360
Amortisation
At 01 April 2025	40,000	2,016	42,016
Charge for year	-	420	420
On disposals	-	-	-
At 31 March 2026	40,000	2,436	42,436
Net book values
At 31 March 2026	-	924	924
At 31 March 2025	-	1,344	1,344

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2025	236,650	83,332	-	6,324	326,306
Additions	73,307	17,376	41,995	1,787	134,465
Disposals	(81,003)	(1,808)	-	(2,642)	(85,453)
At 31 March 2026	228,954	98,900	41,995	5,469	375,318
Depreciation
At 01 April 2025	168,653	62,964	-	5,445	237,062
Charge for year	28,261	7,548	8,399	1,174	45,382
On disposals	(63,192)	(1,807)	-	(2,643)	(67,642)
At 31 March 2026	133,722	68,705	8,399	3,976	214,802
Net book values
Closing balance as at 31 March 2026	95,232	30,195	33,596	1,493	160,516
Opening balance as at 01 April 2025	67,997	20,368	-	879	89,244

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 A Ordinary shares of £1.00 each	100		100
	100		100

Registered Number: 10390842
England and Wales
Abridged Accounts

for the year ended 31 March 2026
for
ULTIMATE ACCIDENT REPAIR SERVICES LIMITED