REGISTERED NUMBER: 10060972 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

C P Painters Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Peart

Mrs T D Peart

REGISTERED OFFICE:

c/o ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

REGISTERED NUMBER:

10060972 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

20,286

24,988

CURRENT ASSETS

Stocks

1,750

1,750

Debtors

5

11,721

8,931

Cash at bank

14,062

1,497

27,533

12,178

CREDITORS

Amounts falling due within one year

6

31,985

36,025

NET CURRENT LIABILITIES

(4,452

)

(23,847

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,834

1,141

CREDITORS

Amounts falling due after more than one year

7

-

1,000

NET ASSETS

15,834

141

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,734

41

SHAREHOLDERS' FUNDS

15,834

141

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 30 October 2026 and were signed on its behalf by:

C A Peart - Director

1.	STATUTORY INFORMATION

C P Painters 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.

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 represents amounts invoiced in respect of services rendered stated net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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 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. There was no liability at the period end date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

32,965

63,825

7,554

104,344

Additions

731

-

772

1,503

At 31 March 2026

33,696

63,825

8,326

105,847

DEPRECIATION

At 1 April 2025

19,484

52,624

7,248

79,356

Charge for year

2,842

2,406

957

6,205

At 31 March 2026

22,326

55,030

8,205

85,561

NET BOOK VALUE

At 31 March 2026

11,370

8,795

121

20,286

At 31 March 2025

13,481

11,201

306

24,988

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

40,562

DEPRECIATION

At 1 April 2025

31,462

Charge for year

2,406

At 31 March 2026

33,868

NET BOOK VALUE

At 31 March 2026

6,694

At 31 March 2025

9,100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

11,521

8,731

Tax

200

200

11,721

8,931

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,000

6,000

Other loans

14,000

-

Hire purchase contracts

-

14,081

Trade creditors

2,851

1,889

Tax

7,898

6,739

Social security and other taxes

790

2,629

VAT

4,402

4,025

Directors' current accounts

384

63

Accrued expenses

660

599

31,985

36,025

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

-

1,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C A Peart.