|
2025
|
2024
|
||
|
Turnover growth
|
1.5%
|
10%
|
|
|
Gross profit margin
|
8.2%
|
8.7%
|
|
|
Net profit margin
|
1.1%
|
1.8%
|
|
Director
|
|
21st August 2025
|
|
|
|
|
|
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|
Director
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for and on behalf of
|
|
|
|
Unit 3, Building 2, The Colony
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
|
| 31 January 2025 | 31 January 2024 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 3 |
|
|
|
| Cost of sales |
( |
( |
||
| GROSS PROFIT |
|
|
||
| Administrative expenses |
( |
( |
||
| Other operating income |
|
|
||
| OPERATING PROFIT | 4 |
|
|
|
| Profit on disposal of fixed assets |
|
|
||
| Other interest receivable and similar income | 9 |
|
|
|
| Interest payable and similar charges | 10 |
( |
( |
|
| PROFIT BEFORE TAXATION |
|
|
||
| Tax on Profit | 11 |
( |
( |
|
| PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
|
||
| OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
|
||
| 31 January 2025 | 31 January 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 12 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Stocks | 14 |
|
|
||
| Debtors | 15 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 16 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 17 |
( |
( |
||
| NET ASSETS |
|
|
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 19 |
|
|
||
| Share premium account |
|
|
|||
| Capital redemption reserve |
|
|
|||
| Other reserves |
|
|
|||
| Fair value reserve | 25 |
|
|
||
| Income Statement |
|
|
|||
| SHAREHOLDERS' FUNDS | 3,748,212 | 3,455,414 | |||
|
Director
|
|
|
| 31 January 2025 | 31 January 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 13 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Debtors | 15 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| NET ASSETS |
|
|
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 19 |
|
|
||
| Income Statement |
|
|
|||
| SHAREHOLDERS' FUNDS | 1,999 | 1 | |||
|
Director
|
|
|
| Share Capital | Share Premium | Capital Redemption | Other reserves | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 21 November 2023 |
|
|
|
|
| Profit for the period and total comprehensive income | - | - | - | - |
| Dividends paid | - | - | - | - |
| Arising on shares issued during the period |
|
- | - | - |
| Purchase of own shares |
|
|
|
|
| As at 31 January 2024 and 1 February 2024 |
|
|
|
|
| Profit for the year and total comprehensive income | - | - | - | - |
| Dividends paid | - | - | - | - |
| Arising on shares issued during the period |
|
- | - | - |
| As at 31 January 2025 |
|
|
|
|
| Fair value reserve | Income Statement | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 21 November 2023 |
|
|
3,033,828 |
| Profit for the period and total comprehensive income | - |
|
560,625 |
| Dividends paid | - | (139,240) | (139,240) |
| Arising on shares issued during the period | - | - | 1 |
| Purchase of own shares | - |
|
200 |
| As at 31 January 2024 and 1 February 2024 |
|
|
3,455,414 |
| Profit for the year and total comprehensive income | - |
|
362,299 |
| Dividends paid | - | (70,500) | (70,500) |
| Arising on shares issued during the period | - | - | 999 |
| As at 31 January 2025 |
|
|
3,748,212 |
| 31 January 2025 | 31 January 2024 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
|
|
|
| Interest paid |
( |
( |
||
| Tax paid |
( |
( |
||
| Net cash generated from operating activities |
|
|
||
| Cash flows from investing activities | ||||
| Purchase of tangible assets |
( |
( |
||
| Proceeds from disposal of tangible assets |
|
|
||
| Interest received |
|
|
||
| Net cash used in investing activities |
( |
( |
||
| Cash flows from financing activities | ||||
| Equity dividends paid |
( |
( |
||
| Repayment of bank borrowings |
|
( |
||
| Amount introduced by directors | - | 14,220 | ||
| Amount withdrawn by directors | (33,657) | - | ||
| Net cash used in financing activities |
( |
( |
||
| (Decrease)/increase in cash and cash equivalents |
( |
|
||
| Cash and cash equivalents at beginning of year | 2 |
|
|
|
| Cash and cash equivalents at end of year | 2 |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Profit for the financial year |
|
|
|
| Adjustments for: | |||
| Tax on profit |
|
|
|
| Interest expense |
|
|
|
| Interest income |
( |
( |
|
| Depreciation of tangible assets |
|
|
|
| Profit on disposal of tangible assets | - | (3,169) | |
| Movements in working capital: | |||
| Increase in stocks |
( |
( |
|
| Decrease/(increase) in trade and other debtors |
|
( |
|
| Increase in trade and other creditors |
|
|
|
| Net cash generated from operations |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
|
|
|
| As at 1 February 2024 | Cash flows | As at 31 January 2025 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
|
(195,900) |
|
| Freehold |
|
| Plant & Machinery |
|
| Motor Vehicles |
|
| Fixtures & Fittings |
|
| Computer Equipment |
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Commission | 84,556 | 108,640 | |
| Service | 1,032,116 | 1,032,129 | |
| Vehicles, parts and accessories | 30,990,084 | 30,491,602 | |
| 32,106,756 | 31,632,371 | ||
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation of tangible fixed assets |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
|
|
|
| Social security costs |
|
|
|
| Other pension costs |
|
|
|
|
|
|
||
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| Office and administration |
|
|
|
| Directors |
|
|
|
|
|
|
||
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
| Company contributions to money purchase pension schemes |
|
|
|
|
|
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||
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| Money purchase pension schemes |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank interest receivable |
|
|
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | - |
|
|
| Other finance charges |
|
|
|
| 232 | 7,176 | ||
|
The tax charge on the profit for the year was as follows:
|
|||||
| Tax Rate | 31 January 2025 | 31 January 2024 | |||
|---|---|---|---|---|---|
| 31 January 2025 | 31 January 2024 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 24.0% |
|
|
|
| Deferred Tax | |||||
| Deferred taxation |
( |
( |
|||
| Total tax charge for the period |
|
|
|||
|
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
|
|||||
| 31 January 2025 | 31 January 2024 | ||||
| £ | £ | ||||
| Profit before tax | 490,775 | 745,253 | |||
| Tax on profit at 25% (UK standard rate) |
|
|
|||
| Goodwill/depreciation not allowed for tax |
|
|
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Capital allowances |
( |
( |
|||
| Difference in tax rates |
( |
( |
|||
| Deferred tax from unrecognised tax loss or credit |
( |
( |
|||
| Revenue exempt from taxation |
|
( |
|||
| Total tax charge for the period | 128,476 | 184,628 | |||
| Land & Property | |||||
|---|---|---|---|---|---|
| Freehold | Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost or Valuation | |||||
| As at 1 February 2024 |
|
|
|
|
|
| Additions |
|
|
|
|
|
| As at 31 January 2025 |
|
|
|
|
|
| Depreciation | |||||
| As at 1 February 2024 |
|
|
|
|
|
| Provided during the period |
|
|
|
|
|
| As at 31 January 2025 |
|
|
|
|
|
| Net Book Value | |||||
| As at 31 January 2025 |
|
|
|
|
|
| As at 1 February 2024 |
|
|
|
|
|
| Land & Property | |||||
|---|---|---|---|---|---|
| Freehold | Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| At cost | 1,778,030 | 185,490 | 32,594 | 94,657 | 2,090,771 |
| At valuation | 405,243 | - | - | - | 405,243 |
| 2,183,273 | 185,490 | 32,594 | 94,657 | 2,496,014 | |
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | 1,778,030 |
| Accumulated depreciation and impairment | 306,273 |
| Carrying amount |
|
| Subsidiaries | |
|---|---|
| £ | |
| Cost | |
| As at 1 February 2024 |
|
| Additions |
|
| As at 31 January 2025 |
|
| Provision | |
| As at 1 February 2024 |
|
| As at 31 January 2025 |
|
| Net Book Value | |
| As at 31 January 2025 |
|
| As at 1 February 2024 |
|
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
|
|
Newark Road, Peterborough, Cambridgeshire, PE1 5UA |
|
|
- |
|
|
Newark Road, Peterborough, Cambridgeshire, PE1 5UA |
|
|
- |
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Materials |
|
|
|
| Finished goods |
|
|
|
|
|
|
||
|
2025
|
2024
|
||
|
£
|
£
|
||
|
At 1 February
|
161,153
|
98,527
|
|
|
Provided in the year
|
17,160
|
62,626
|
|
|
Reversed in the year
|
(41,490)
|
-
|
|
|
31 January
|
136,823
|
161,153
|
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 31 January 2025 | 31 January 2024 | 31 January 2025 | 31 January 2024 | ||||
| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
|
|
|
|
|||
| Other debtors |
|
|
|
|
|||
| Directors' loan accounts |
|
- | - | - | |||
|
|
|
|
|
||||
|
2025
|
2024
|
||
|
£
|
£
|
||
|
At 1 February
|
3,995
|
52,254
|
|
|
Released in the year
|
-
|
(48,259)
|
|
|
At 31 January
|
3,995
|
3,995
|
| Group | ||||
|---|---|---|---|---|
| 31 January 2025 | 31 January 2024 | |||
| £ | £ | |||
| Trade creditors |
|
|
||
| Corporation tax |
|
|
||
| Other taxes and social security |
|
|
||
| VAT |
|
|
||
| Other creditors |
|
|
||
| Directors' loan accounts | - |
|
||
|
|
|
|||
| Group | ||||
|---|---|---|---|---|
| 31 January 2025 | 31 January 2024 | |||
| £ | £ | |||
| Trade Creditors | 1,837,833 | 1,601,199 | ||
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Other timing differences | 171,352 | 171,804 | |
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Accelerated capital allowances
|
71,871
|
70,493
|
|
|
Short term timing differences
|
(1,830)
|
-
|
|
|
Fair value reserve
|
101,311
|
101,311
|
|
|
171,352
|
171,804
|
| Group | ||
|---|---|---|
| Deferred Tax | Total | |
| £ | £ | |
| As at 1 February 2024 |
|
171,804 |
| Reversals |
( |
(452) |
| Balance at 31 January 2025 |
|
171,352 |
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| At the end of the period |
|
|
|
| As at 1 February 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 January 2025 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Mr Anthony O'Shea |
|
|
|
- |
|
| Mrs Ruth O'Shea |
|
|
|
- |
|
| 31 January 2025 | 31 January 2024 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid |
|
|
|