PRICE AUTOMOTIVE SERVICES LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02917004

PRICE AUTOMOTIVE SERVICES LIMITED

Filleted Unaudited Financial Statements

31 March 2025

PRICE AUTOMOTIVE SERVICES LIMITED

Financial Statements

Year ended 31 March 2025

Contents	Pages

Statement of financial position and the notes to the financial statements	1 to 2

PRICE AUTOMOTIVE SERVICES LIMITED

Statement of Financial Position

31 March 2025

	2025		2024
	£	£	£
Fixed assets		142,556	146,327
		---------	---------

Current assets	31,435		14,484
Prepayments and accrued income	10,363		9,446
	--------		--------
		41,798	23,930

Creditors: amounts falling due within one year	80,881	88,562
	---------	---------
Net current liabilities	( 39,083)	( 64,632)
	---------	--------
Total assets less current liabilities	103,473	81,695

Accruals and deferred income	1,454	1,542
	---------	--------
	102,019	80,153
	---------	--------

Capital and reserves	102,019	80,153
	---------	--------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

2. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R A Price	13,302	6,706	20,008
	--------	-------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R A Price	14,341	( 1,039)	13,302
	--------	-------	--------

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 7 November 2025 , and are signed on behalf of the board by:

Mr R A Price

Director

Company registration number: 02917004

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Lewis Road, Kettering, NN15 6HE.