Company Registration No. 08352485 (England and Wales)
REPAIR AID LONDON LTD
Unaudited accounts
for the year ended 31 December 2022
REPAIR AID LONDON LTD
Unaudited accounts
Contents
REPAIR AID LONDON LTD
Company Information
for the year ended 31 December 2022
Director
Dobromir YANAKIEV
Company Number
08352485 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
REPAIR AID LONDON LTD
Statement of financial position
as at 31 December 2022
Tangible assets
55,754
41,192
Cash at bank and in hand
33,777
55,214
Creditors: amounts falling due within one year
(115,645)
(108,271)
Net current liabilities
(41,139)
(12,790)
Total assets less current liabilities
14,615
28,402
Creditors: amounts falling due after more than one year
(41,696)
(44,167)
Net liabilities
(27,081)
(15,765)
Called up share capital
100
100
Profit and loss account
(27,181)
(15,865)
Shareholders' funds
(27,081)
(15,765)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 September 2023 and were signed on its behalf by
Dobromir YANAKIEV
Director
Company Registration No. 08352485
REPAIR AID LONDON LTD
Notes to the Accounts
for the year ended 31 December 2022
REPAIR AID LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 08352485. The registered office is 124 City Road, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
71,176
-
71,176
Additions
32,475
1,008
33,483
At 31 December 2022
103,651
1,008
104,659
At 1 January 2022
29,984
-
29,984
Charge for the year
18,417
504
18,921
At 31 December 2022
48,401
504
48,905
At 31 December 2022
55,250
504
55,754
At 31 December 2021
41,192
-
41,192
REPAIR AID LONDON LTD
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
37,979
37,517
Accrued income and prepayments
2,750
2,750
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
6,193
3,196
Obligations under finance leases and hire purchase contracts
4,819
-
Trade creditors
23,119
14,329
Taxes and social security
3,494
4,190
Other creditors
68,610
84,815
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
7,529
-
8
Average number of employees
During the year the average number of employees was 5 (2021: 4).