D B AUTOREPAIRS & PAINT LTD - Filleted accounts

Registered number

08130427

D B AUTOREPAIRS & PAINT LTD

Filleted Accounts

31 December 2025

D B AUTOREPAIRS & PAINT LTD
Registered number:		08130427
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		239,641			275,903

Current assets
Stocks and work in progress		259,785			123,458
Debtors	4	1,448,177			1,059,982
Cash at bank and in hand		4			33,767
		1,707,966			1,217,207

Creditors: amounts falling due within one year	5	(764,438)			(337,088)

Net current assets			943,528			880,119

Total assets less current liabilities			1,183,169			1,156,022

Creditors: amounts falling due after more than one year	6		(747,537)			(553,461)

Net assets			435,632			602,561

Capital and reserves
Called up share capital			101			101
Profit and loss account			435,531			602,460

Shareholders' funds			435,632			602,561

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


S A Shore M S O'Keefe L J R Coupland
Director
Approved by the board on 31 January 2026

D B AUTOREPAIRS & PAINT LTD
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	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 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Office equipment and furniture	over 5 years
	Motor vehicles	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					24		22


3	Tangible fixed assets
		Plant and Machinery		Office equipment & furniture		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	466,747		18,488		31,200		516,435
	Additions	31,615		1,983		-		33,598
	Disposals	-		-		(9,600)		(9,600)
	At 31 December 2025	498,362		20,471		21,600		540,433

	Depreciation
	At 1 January 2025	196,312		13,020		31,200		240,532
	Charge for the year	69,205		655		-		69,860
	On disposals	-		-		(9,600)		(9,600)
	At 31 December 2025	265,517		13,675		21,600		300,792

	Net book value
	At 31 December 2025	232,845		6,796		-		239,641
	At 31 December 2024	270,435		5,468		-		275,903


4	Debtors					2025		2024
£							£

	Trade debtors					166,651		8,456
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					1,257,254		1,027,254
	Other debtors					24,272		24,272
						1,448,177		1,059,982


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					45,163		-
	Trade creditors					668,196		313,116
	Other taxes and social security costs					46,287		22,492
	Other creditors					4,792		1,480
						764,438		337,088


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					48,740		120,785
	Obligations under finance lease and hire purchase contracts					66,793		102,676
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					632,004		330,000
						747,537		553,461


7	Controlling party

	The company is controlled by the directors.


8	Other information

	D B AUTOREPAIRS & PAINT LTD is a private company limited by shares and incorporated in England. Its registered office is:

	Rotunda Buildings
	Montpellier Exchange
	Cheltenham
	Glos