REGISTERED NUMBER: 02122550 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

A.1. VEHICLE RESCUE SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C P D Legan

D Everett

B Harrison

SECRETARY:

C P D Legan

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

02122550 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

14,693

13,909

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

25,683

27,377

Cash at bank and in hand

165,895

110,826

195,578

142,203

CREDITORS

Amounts falling due within one year

56,415

41,759

NET CURRENT ASSETS

139,163

100,444

TOTAL ASSETS LESS CURRENT LIABILITIES

153,856

114,353

CREDITORS

Amounts falling due after more than one year

(667

)

(4,667

)

PROVISIONS FOR LIABILITIES

(3,465

)

(2,917

)

NET ASSETS

149,724

106,769

CAPITAL AND RESERVES

Called up share capital

6

92

92

Share premium

7

20,370

20,370

Retained earnings

7

129,262

86,307

SHAREHOLDERS' FUNDS

149,724

106,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 20th November 2025 and were signed on its behalf by:

B Harrison - Director

D Everett - Director

1.	STATUTORY INFORMATION

A.1. Vehicle Rescue Services 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

The turnover shown in the profit and loss account represents the value of all goods sold and services provided during the year, less returns received, at selling price exclusive of Value Added Tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the product and service have been transfered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Alterations to leasehold property

-

in accordance with the property

Plant and machinery

-

15% on reducing balance

Fixtures fittings and equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially recorded at historic cost and stated in the balance sheet at their net book value, being the amount of capital expenditure less accumulated depreciation.

Stocks

Stock is valued at the lower of cost and estimated selling price less costs to sell. 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 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 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.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors' loans.

Directors' loans (being repayable on demand) trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained earnings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

62,007

Additions

3,422

At 31st March 2025

65,429

DEPRECIATION

At 1st April 2024

48,098

Charge for year

2,638

At 31st March 2025

50,736

NET BOOK VALUE

At 31st March 2025

14,693

At 31st March 2024

13,909

5.	LEASING AGREEMENTS

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

31/3/25

31/3/24

£

£

Within one year

12,000

12,000

Between one and five years

12,000

24,000

24,000

36,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

4

Ordinary

£1

4

4

43

Ordinary A

£1

43

43

43

Ordinary B

£1

43

43

2

Ordinary C

£1

2

2

92

92

All classes of shares carry equal voting rights, rights to dividends and equal rights on any winding up of the company.

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1st April 2024

86,307

20,370

106,677

Profit for the year

62,135

62,135

Dividends

(19,180

)

(19,180

)

At 31st March 2025

129,262

20,370

149,632

8.	CONTROLLING PARTY

The company is jointly controlled by directors D Everett and B Harrison.