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REGISTERED NUMBER: 06653111 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

HISTORIC PORSCHE LIMITED

HISTORIC PORSCHE LIMITED (REGISTERED NUMBER: 06653111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HISTORIC PORSCHE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: H J Pearman





REGISTERED OFFICE: 1 Bligh's Road
Sevenoaks
Kent
TN13 1DA





REGISTERED NUMBER: 06653111 (England and Wales)





ACCOUNTANTS: Greenaway Chartered Accountants
1 Bligh's Road
Sevenoaks
Kent
TN13 1DA

HISTORIC PORSCHE LIMITED (REGISTERED NUMBER: 06653111)

BALANCE SHEET
31 JULY 2024

31/7/24 31/7/23
Notes £ £
CURRENT ASSETS
Stocks 2,641,139 3,347,983
Debtors 4 1,961,873 796,465
Cash at bank 167 1,496
4,603,179 4,145,944
CREDITORS
Amounts falling due within one year 5 289,098 295,468
NET CURRENT ASSETS 4,314,081 3,850,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,314,081

3,850,476

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,314,079 3,850,474
SHAREHOLDERS' FUNDS 4,314,081 3,850,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 March 2025 and were signed by:





H J Pearman - Director


HISTORIC PORSCHE LIMITED (REGISTERED NUMBER: 06653111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Historic Porsche 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.

Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£ £
Trade debtors 1,363,000 188,000
Other debtors 598,873 608,465
1,961,873 796,465

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£ £
Trade creditors 285,000 292,468
Other creditors 4,098 3,000
289,098 295,468

6. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and prior years by H J Pearman as the sole director & shareholder.