REGISTERED NUMBER: 14084373 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2024 to 29 September 2025

for

Redditch Vehicle Recycling Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Parkes

REGISTERED OFFICE:

Unit 4 Lakeside Trading Centre

Beoley Road East

Redditch

Worcestershire

B98 8PE

REGISTERED NUMBER:

14084373 (England and Wales)

ACCOUNTANTS:

Leigh Christou Ltd

Chartered Certified Accountants

Leofric House

Binley Road

Coventry

CV3 1JN

FIXED ASSETS

Tangible assets

4

22,749

38,316

CURRENT ASSETS

Stocks

20,000

-

Debtors

5

8,727

15,596

Cash at bank

10,466

8,138

39,193

23,734

CREDITORS

Amounts falling due within one year

6

209,015

128,615

NET CURRENT LIABILITIES

(169,822

)

(104,881

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(147,073

)

(66,565

)

CREDITORS

Amounts falling due after more than one year

7

6,995

-

NET LIABILITIES

(154,068

)

(66,565

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(154,069

)

(66,566

)

(154,068

)

(66,565

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2026 and were signed by:

I Parkes - Director

1.	STATUTORY INFORMATION

Redditch Vehicle Recycling 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Improvements to property

-

Straight line over 5 years

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

Straight line over 5 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on a going concern basis. The Company is reliant on the continued financial support of the director to meet its obligations as they fall due. The director has confirmed their intention to continue providing such support for a period of at least twelve months from the date of approval of these financial statements.

Having considered the Company's forecasts and available sources of funding, the director is satisfied that the Company will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 June 2024

and 29 September 2025

5,326

50,985

2,755

59,066

DEPRECIATION

At 1 June 2024

2,142

17,506

1,102

20,750

Charge for period

1,420

13,596

551

15,567

At 29 September 2025

3,562

31,102

1,653

36,317

NET BOOK VALUE

At 29 September 2025

1,764

19,883

1,102

22,749

At 31 May 2024

3,184

33,479

1,653

38,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.25

31.5.24

£

£

Trade debtors

3,272

15,596

Amounts owed by associates

5,455

-

8,727

15,596

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.25

31.5.24

£

£

Bank loans and overdrafts

4,734

-

Trade creditors

23,019

3,084

Taxation and social security

21,614

5,482

Other creditors

159,648

120,049

209,015

128,615

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.9.25

31.5.24

£

£

Bank loans

6,995

-

Bank loans and overdrafts above are secured. The security comprises a personal guarantee given by a director of the company, Mr Ian Parkes, in favour of Lloyds Bank plc, limited to the principal amount of £18,500 together with accrued interest and related costs, in respect of the company's business loan.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company obtained a business loan of £18,500 from Lloyds Bank plc, which is secured by a personal guarantee given by Mr Ian Parkes, a director of the company. The guarantee is limited to £18,500 plus accrued interest and costs and was given without charge to the company.

Included within other creditors is an amount of £129,910 due to the Director from the company.

This amount is interest free and has no set terms of repayment.

9.	RELATED PARTY DISCLOSURES

Included within debtors is is amount due from Lakeside Service Centre Limited, a company under the control of Mr Ian Parkes.