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REGISTERED NUMBER: 03289293 (England and Wales)















CC AUTOCENTRES LIMITED

Unaudited Financial Statements for the Year Ended 28 February 2025






CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

CC AUTOCENTRES LIMITED

Company Information
for the Year Ended 28 February 2025







DIRECTORS: C.J Bennett
Mrs C. Bennett
S. D. Bennett
T S Bennett
R E Bennett



SECRETARY: C.J Bennett



REGISTERED OFFICE: Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB



REGISTERED NUMBER: 03289293 (England and Wales)



ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB



SOLICITORS: FBC Manby Bowdler
George House
St. John's Square
Wolverhampton
WV2 4BZ

CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 319,736 318,241

CURRENT ASSETS
Stocks 40,730 54,144
Debtors 5 19,277 28,675
Cash at bank and in hand 121,942 91,822
181,949 174,641
CREDITORS
Amounts falling due within one year 6 167,400 148,875
NET CURRENT ASSETS 14,549 25,766
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,285

344,007

CREDITORS
Amounts falling due after more than one
year

7

(2,142

)

(22,342

)

PROVISIONS FOR LIABILITIES (8,025 ) (7,152 )
NET ASSETS 324,118 314,513

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 324,018 314,413
SHAREHOLDERS' FUNDS 324,118 314,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Balance Sheet - continued
28 February 2025


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 Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





S. D. Bennett - Director


CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

CC Autocentres 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents sales made net of VAT. Turnover is recognised when the goods are physically delivered or received by the customer and in line with work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes
recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 13 (2024 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2024 339,220 233,053 34,468 24,136 630,877
Additions - 8,581 498 - 9,079
At 28 February 2025 339,220 241,634 34,966 24,136 639,956
DEPRECIATION
At 1 March 2024 43,426 217,118 29,567 22,525 312,636
Charge for year 2,000 4,402 779 403 7,584
At 28 February 2025 45,426 221,520 30,346 22,928 320,220
NET BOOK VALUE
At 28 February 2025 293,794 20,114 4,620 1,208 319,736
At 29 February 2024 295,794 15,935 4,901 1,611 318,241

CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 March 2024
and 28 February 2025 15,000
DEPRECIATION
At 1 March 2024 10,254
Charge for year 1,187
At 28 February 2025 11,441
NET BOOK VALUE
At 28 February 2025 3,559
At 29 February 2024 4,746

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 11,720 11,564
Other debtors 2,982 5,532
Prepayments 4,575 11,579
19,277 28,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 20,599 21,019
Hire purchase contracts 2,000 3,000
Trade creditors 88,479 82,372
Social security and other taxes 45,003 32,830
Accrued expenses 11,319 9,654
167,400 148,875

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans- 1-2 year 2,142 20,342
Hire purchase contracts - 2,000
2,142 22,342

CC AUTOCENTRES LIMITED (REGISTERED NUMBER: 03289293)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Hire purchase contracts 2,000 5,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CC Autocentres Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CC Autocentres Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CC Autocentres Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CC Autocentres Limited and state those matters that we have agreed to state to the Board of Directors of CC Autocentres Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CC Autocentres Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CC Autocentres Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CC Autocentres Limited. You consider that CC Autocentres Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CC Autocentres Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


29 May 2025