Company registration number: 14747393
Unaudited financial statements
for the year ended 30 April 2025
for
American Cruiser UK Limited
Pages for filing with the Registrar
Company registration number: 14747393
American Cruiser UK Limited
Balance sheet
as at 30 April 2025
30 Apr 25 30 Apr 24
Note £ £ £ £
Fixed assets
Tangible assets 4 21,147 41,836
21,147 41,836
Current assets
Stocks 190,214 170,156
Cash at bank and in hand 85,698 69,502
275,912 239,658
Creditors: amounts falling due within one
year 		(208,603) (246,892)
Net current assets/(liabilities) 67,309 (7,234)
Total assets less current liabilities 88,456 34,602
NET ASSETS 88,456 34,602
Capital and reserves
Called up share capital 100 100
Profit and loss account 88,356 34,502
TOTAL EQUITY 88,456 34,602
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14747393
American Cruiser UK Limited
Balance sheet - continued
as at 30 April 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 21 August 2025 and signed on its behalf by:
Mr R Raggett, Director Mr A Raggett, Director
21 August 2025 21 August 2025
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American Cruiser UK Limited
Notes to the financial statements
for the year ended 30 April 2025
1 Company information
American Cruiser UK Limited is a private company registered in England and Wales. Its registered number is 14747393. The company is limited by shares. Its registered office is Riverside, Stratford Tony, Salisbury, Wiltshire, SP5 4AT.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixed assets:
Plant and machinery - 20% straight line
Motor vehicles - 25% reducing balance
Office equipment - 33.33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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American Cruiser UK Limited
Notes to the financial statements - continued
for the year ended 30 April 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Fixed assets
£
Cost
At 1 May 2024 55,871
Additions 2,056
Disposals (20,000)
At 30 April 2025 37,927
Depreciation
At 1 May 2024 14,035
Charge for year 7,745
Eliminated on disposal (5,000)
At 30 April 2025 16,780
Net book value
At 30 April 2025 21,147
At 30 April 2024 41,836
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