Express Vehicle Repairs Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10172890

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,518		4,779

			3,518		4,779
CURRENT ASSETS
Stocks		3,878		3,878
Debtors	5	19,413		9,633

		23,291		13,511
Creditors: Amounts Falling Due Within One Year	6	(3,278 )		(3,331 )

NET CURRENT ASSETS (LIABILITIES)			20,013		10,180

TOTAL ASSETS LESS CURRENT LIABILITIES			23,531		14,959

PROVISIONS FOR LIABILITIES
Deferred Taxation			(880 )		(1,195 )

NET ASSETS			22,651		13,764

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			22,650		13,763

SHAREHOLDERS' FUNDS			22,651		13,764

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Express Vehicle Repairs Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 M Evans

Director

9 March 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Express Vehicle Repairs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10172890 . The registered office is Leonard House, Wimblebury Road, Hednesford, WS12 2HU.

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. Tangible Fixed Assets and Depreciation

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 & Machinery

25% straight line

2.4. Leasing and Hire Purchase Contracts

Assets held unde finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hirepurchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2.5. Stocks and Work in Progress

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.

2.6. 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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

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Express Vehicle Repairs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 February 2025	64,725
Additions	3,243

As at 31 January 2026	67,968

Depreciation
As at 1 February 2025	59,946
Provided during the period	4,504

As at 31 January 2026	64,450

Net Book Value
As at 31 January 2026	3,518

As at 1 February 2025	4,779

5. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	19,413	9,633

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Taxation and social security	3,278	3,331

7. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.

8. Ultimate Controlling Party

The company is 100% owned by Express Management Limited, a UK company under the control of Mr Matthew Evans and family.

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