REGISTERED NUMBER: 04161726 (England and Wales)

ERDINGTON ACCIDENT REPAIR CENTRE LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Robinson

Mrs W Robinson

REGISTERED OFFICE:

59-61 Charlotte Street

St. Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

04161726 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

37,831

42,100

CURRENT ASSETS

Debtors

444,153

522,119

Cash in hand

34,702

25,217

478,855

547,336

CREDITORS

Amounts falling due within one year

465,209

566,977

NET CURRENT ASSETS/(LIABILITIES)

13,646

(19,641

)

TOTAL ASSETS LESS CURRENT LIABILITIES

51,477

22,459

CREDITORS

Amounts falling due after more than one year

-

8,369

NET ASSETS

51,477

14,090

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

51,377

13,990

51,477

14,090

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 November 2025 and were signed on its behalf by:

B Robinson - Director

1.	STATUTORY INFORMATION

Erdington Accident Repair Centre 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 machinery etc

-

20% on cost and 10% on cost

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 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

205,325

DEPRECIATION

At 1 April 2024

163,225

Charge for year

4,269

At 31 March 2025

167,494

NET BOOK VALUE

At 31 March 2025

37,831

At 31 March 2024

42,100

5.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

29,026

49,131

Factoring liability

-

172,602

29,026

221,733

The factoring liability is secured by a fixed and floating charge against the trade debtors of which it relates.

6.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £23,500.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

B Robinson

Balance outstanding at start of year

-

5,553

Amounts repaid

-

(5,553

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-