Darkside Paint And Body Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12473963 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

DARKSIDE PAINT AND BODY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Parkin

R Parkin

REGISTERED OFFICE:

Unit 7 Carbon Court Springvale Road

Park Springs

Barnsley

South Yorkshire

S72 7FF

REGISTERED NUMBER:

12473963 (England and Wales)

ACCOUNTANTS:

Xeinadin Barnsley Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

FIXED ASSETS

Tangible assets

4

5,462

6,935

CURRENT ASSETS

Debtors

5

54,213

78,841

Cash at bank and in hand

38,785

11,906

92,998

90,747

CREDITORS

Amounts falling due within one year

6

42,683

49,437

NET CURRENT ASSETS

50,315

41,310

TOTAL ASSETS LESS CURRENT
LIABILITIES

55,777

48,245

PROVISIONS FOR LIABILITIES

683

1,007

NET ASSETS

55,094

47,238

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

54,994

47,138

SHAREHOLDERS' FUNDS

55,094

47,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 October 2026 and were signed on its behalf by:

S Parkin - Director

1.	STATUTORY INFORMATION

Darkside Paint And Body Limited 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover from the sale vehicle repairs and bodywork is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on completion of the contract.

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 equipment

20% reducing balance

Motor vehicles

25% reducing balance

Tangible fixed assets are originally recognised at cost (or deemed cost). Cost includes all directly attributable to making the asset capable of operating as intended.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2025

and 31 March 2026

9,016

3,500

12,516

DEPRECIATION

At 1 April 2025

3,794

1,787

5,581

Charge for year

1,045

428

1,473

At 31 March 2026

4,839

2,215

7,054

NET BOOK VALUE

At 31 March 2026

4,177

1,285

5,462

At 31 March 2025

5,222

1,713

6,935

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

49,119

72,312

Other debtors

-

1,037

Called up share capital not paid

-

100

Prepayments and accrued income

5,094

5,392

54,213

78,841

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

7,149

5,625

Corporation tax

2,524

5,371

VAT

20,705

16,092

Other creditors

10,553

21,213

Accruals and deferred income

1,752

1,136

42,683

49,437

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

Within one year

25,800

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

70

A Ordinary

£1

70

30

B Ordinary

£1

30

100

9.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is R S Parkin Cyprus Limited

The parent company's registered office address is;

2 Riga Feraiou Limassol Center

Block B, 4th Floor, Office 406

Limassol

3095

Cyprus