REGISTERED NUMBER: 14318930 (England and Wales)

Financial Statements for the Year Ended 31st August 2025

for

Van Repair Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Stone

REGISTERED OFFICE:

Unit 91A Thames Industrial Park

Princess Margaret Road

Tilbury

Essex

RM18 8RH

REGISTERED NUMBER:

14318930 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

4

1,609,498

1,449,911

CURRENT ASSETS

Stocks

280,059

-

Debtors

5

1,157,804

126,150

Cash at bank and in hand

23,722

37,659

1,461,585

163,809

CREDITORS

Amounts falling due within one year

6

1,064,593

112,725

NET CURRENT ASSETS

396,992

51,084

TOTAL ASSETS LESS CURRENT LIABILITIES

2,006,490

1,500,995

CREDITORS

Amounts falling due after more than one year

7

2,144,841

527,524

NET (LIABILITIES)/ASSETS

(138,351

)

973,471

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(138,451

)

973,371

(138,351

)

973,471

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

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

The director acknowledges her 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 29th August 2026 and were signed by:

J M Stone - Director

1.	STATUTORY INFORMATION

Van Repair Services 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 etc

-

20% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2024

1,449,911

Additions

517,125

Disposals

(61,100

)

At 31st August 2025

1,905,936

DEPRECIATION

Charge for year

296,438

At 31st August 2025

296,438

NET BOOK VALUE

At 31st August 2025

1,609,498

At 31st August 2024

1,449,911

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

883,411

15,750

Other debtors and prepayments

274,393

110,400

1,157,804

126,150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,647

4,742

Hire purchase contracts

62,273

6,921

Trade creditors

859,196

101,062

Other creditors and accruals

137,477

-

1,064,593

112,725

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

39,125

-

Bank loans - 2-5 years

-

37,768

Hire purchase contracts

161,092

29,498

Other creditors

1,944,624

460,258

2,144,841

527,524

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

44,772

42,510

Hire purchase contracts

223,365

36,419

268,137

78,929