Stevens Collision Repair Specialists Ltd

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

Registered number: 08770887

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		206,973		173,021

			206,973		173,021
CURRENT ASSETS
Stocks	6	49,988		39,542
Debtors	7	159,264		205,957
Cash at bank and in hand		23,068		73,913

		232,320		319,412
Creditors: Amounts Falling Due Within One Year	8	(340,656 )		(441,077 )

NET CURRENT ASSETS (LIABILITIES)			(108,336 )		(121,665 )

TOTAL ASSETS LESS CURRENT LIABILITIES			98,637		51,356

Creditors: Amounts Falling Due After More Than One Year	9		(66,154 )		-

NET ASSETS			32,483		51,356

CAPITAL AND RESERVES
Called up share capital	11		1,000		1,000
Profit and Loss Account			31,483		50,356

SHAREHOLDERS' FUNDS			32,483		51,356

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Stevens Collision Repair Specialists Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 Mark Stevens

Director

30th June 2026

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

1. General Information

Stevens Collision Repair Specialists Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08770887 . The registered office is Tower House, Maer Lane, Market Drayton, Shropshire, TF9 3SH.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are related to the Fix Auto Franchise Fee, which has been fully amortised to the profit and loss account

2.4. 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% Reducing Balance
Motor Vehicles	20% Reducing Balance

2.5. 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.

2.6. 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: 18 (2024: 19)

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Stevens Collision Repair Specialists Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 December 2024	12,349

As at 30 November 2025	12,349

Amortisation
As at 1 December 2024	12,349

As at 30 November 2025	12,349

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 December 2024	56,663	300,122	99,818	456,603
Additions	-	49,722	17,800	67,522

As at 30 November 2025	56,663	349,844	117,618	524,125

Depreciation
As at 1 December 2024	56,663	187,412	39,507	283,582
Provided during the period	-	18,553	15,017	33,570

As at 30 November 2025	56,663	205,965	54,524	317,152

Net Book Value
As at 30 November 2025	-	143,879	63,094	206,973

As at 1 December 2024	-	112,710	60,311	173,021

6. Stocks

	2025	2024
	£	£
Materials	38,000	26,343
Work in progress	11,988	13,199

	49,988	39,542

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Stevens Collision Repair Specialists Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	140,627	190,815
Other debtors	18,637	15,142

	159,264	205,957

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	18,762	(26,302 )
Trade creditors	162,765	271,120
Bank loans and overdrafts	-	20,856
Other creditors	99,107	104,677
Taxation and social security	60,022	70,726

	340,656	441,077

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	66,154	-

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	18,762	(26,302 )
Later than one year and not later than five years	66,154	-

	84,916	(26,302 )

	84,916	(26,302 )

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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