IRIS Accounts Production v25.3.0.601 01012676 Board of Directors 30.6.24 29.6.25 29.6.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01012676 2024-06-29 01012676 2025-06-29 01012676 2024-06-30 2025-06-29 01012676 2023-06-29 01012676 2023-06-30 2024-06-29 01012676 2024-06-29 01012676 ns15:EnglandWales 2024-06-30 2025-06-29 01012676 ns14:PoundSterling 2024-06-30 2025-06-29 01012676 ns10:Director1 2024-06-30 2025-06-29 01012676 ns10:PrivateLimitedCompanyLtd 2024-06-30 2025-06-29 01012676 ns10:SmallEntities 2024-06-30 2025-06-29 01012676 ns10:AuditExemptWithAccountantsReport 2024-06-30 2025-06-29 01012676 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-30 2025-06-29 01012676 ns10:SmallCompaniesRegimeForAccounts 2024-06-30 2025-06-29 01012676 ns10:FullAccounts 2024-06-30 2025-06-29 01012676 ns10:OrdinaryShareClass1 2024-06-30 2025-06-29 01012676 ns10:Director2 2024-06-30 2025-06-29 01012676 ns10:RegisteredOffice 2024-06-30 2025-06-29 01012676 ns5:CurrentFinancialInstruments 2025-06-29 01012676 ns5:CurrentFinancialInstruments 2024-06-29 01012676 ns5:ShareCapital 2025-06-29 01012676 ns5:ShareCapital 2024-06-29 01012676 ns5:RevaluationReserve 2025-06-29 01012676 ns5:RevaluationReserve 2024-06-29 01012676 ns5:RetainedEarningsAccumulatedLosses 2025-06-29 01012676 ns5:RetainedEarningsAccumulatedLosses 2024-06-29 01012676 ns5:FurnitureFittings 2024-06-30 2025-06-29 01012676 ns5:PlantMachinery 2024-06-29 01012676 ns5:PlantMachinery 2024-06-30 2025-06-29 01012676 ns5:PlantMachinery 2025-06-29 01012676 ns5:PlantMachinery 2024-06-29 01012676 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-29 01012676 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-29 01012676 ns5:DeferredTaxation 2024-06-29 01012676 ns5:DeferredTaxation 2025-06-29 01012676 ns10:OrdinaryShareClass1 2025-06-29 01012676 ns5:RevaluationReserve 2024-06-29

REGISTERED NUMBER: 01012676 (England and Wales)

Financial Statements for the Year Ended 29 June 2025

for

Ray Winfield Car Sales Limited

Ray Winfield Car Sales Limited (Registered number: 01012676)

Contents of the Financial Statements

for the Year Ended 29 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 8 |

Ray Winfield Car Sales Limited

Company Information

for the Year Ended 29 June 2025

| DIRECTORS: | Mrs P Winfield

| R J Winfield

| REGISTERED OFFICE: | 100 High Ash Drive

| Alwoodley

| Leeds

| West Yorkshire

| LS17 8RE

| REGISTERED NUMBER: | 01012676 (England and Wales)

| ACCOUNTANTS: | Leon & Company

| Chartered Accountants

| 100 High Ash Drive

| Alwoodley

| Leeds

| West Yorkshire

| LS17 8RE

Ray Winfield Car Sales Limited (Registered number: 01012676)

Balance Sheet

29 June 2025

| 29.6.25 | 29.6.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,761 |  | 4,179 |  |

Investment property | 5 | 690,000 |  | 690,000 |  |

693,761 |  | 694,179 |  |

CURRENT ASSETS

Stocks | 31,200 |  | 41,631 |  |

Debtors | 6 | 3,213 |  | 23,304 |  |

Cash at bank and in hand | 167,101 |  | 102,367 |  |

201,514 |  | 167,302 |  |

CREDITORS

Amounts falling due within one year | 7 | 18,692 |  | 12,577 |  |

NET CURRENT ASSETS | 182,822 |  | 154,725 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 876,583 |  | 848,904 |  |

PROVISIONS FOR LIABILITIES | 8 | 26,711 |  | 26,711 |  |

NET ASSETS | 849,872 |  | 822,193 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 10 |  | 10 |  |

Non-distributable reserve | 10 | 354,584 |  | 354,584 |  |

Retained earnings | 495,278 |  | 467,599 |  |

SHAREHOLDERS' FUNDS | 849,872 |  | 822,193 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 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.

Ray Winfield Car Sales Limited (Registered number: 01012676)

Balance Sheet - continued

29 June 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 24 October 2025 and were signed on its behalf by:

R J Winfield - Director

Ray Winfield Car Sales Limited (Registered number: 01012676)

Notes to the Financial Statements

for the Year Ended 29 June 2025

1. | STATUTORY INFORMATION

| Ray Winfield Car Sales 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 as modified by the revaluation of certain assets.

| 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.

| Fixtures and fittings | - | 10% on reducing balance

| Investment property

| In accordance with Statement of Standard Accounting Practice No 19, some of the company's properties are held for long term investment and are included in the balance sheet at their open market values. The surplus or deficit on annual revaluation of such properties is transferred to the investment property revaluation reserve.

| Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are not amortised. This represents a departure from the Financial Reporting Standard for Smaller Entities, which requires depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the Financial Statements may give a true and fair view because current values and changes in values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the annual valuation and the amount, which might otherwise have been shown, cannot be separately identified or quantified.

| Stocks

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

| 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.

Ray Winfield Car Sales Limited (Registered number: 01012676)

Notes to the Financial Statements - continued

for the Year Ended 29 June 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 30 June 2024

| and 29 June 2025 | 52,300 |  |

| DEPRECIATION

| At 30 June 2024 | 48,121 |  |

| Charge for year | 418 |  |

| At 29 June 2025 | 48,539 |  |

| NET BOOK VALUE

| At 29 June 2025 | 3,761 |  |

| At 29 June 2024 | 4,179 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 30 June 2024

| and 29 June 2025 | 690,000 |  |

| NET BOOK VALUE

| At 29 June 2025 | 690,000 |  |

| At 29 June 2024 | 690,000 |  |

Ray Winfield Car Sales Limited (Registered number: 01012676)

Notes to the Financial Statements - continued

for the Year Ended 29 June 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 29 June 2025 is represented by:

£ |

| Valuation in 2017 | 226,035 |  |

| Valuation in 2023 | 139,289 |  |

| Valuation in 2024 | 15,000 |  |

| Cost | 309,676 |  |

690,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

| 29.6.25 |  | 29.6.24

£ | £ |

| Cost | 309,676 |  | 309,676 |  |

| Investment property was valued on an open market basis on 30 June 2024 by the directors .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 29.6.25 |  | 29.6.24

£ | £ |

| Trade debtors | 507 |  | 733 |  |

| Other debtors | 2,706 |  | 22,571 |  |

3,213 |  | 23,304 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 29.6.25 |  | 29.6.24

£ | £ |

| Trade creditors | - |  | 552 |  |

| Taxation and social security | 8,846 |  | 7,712 |  |

| Other creditors | 9,846 |  | 4,313 |  |

18,692 |  | 12,577 |  |

8. | PROVISIONS FOR LIABILITIES

| 29.6.25 |  | 29.6.24

£ | £ |

| Deferred tax | 26,711 |  | 26,711 |  |

| Deferred |

| tax |

£ |

| Balance at 30 June 2024 | 26,711 |  |

| Movement in year |

| Balance at 29 June 2025 | 26,711 |  |

Ray Winfield Car Sales Limited (Registered number: 01012676)

Notes to the Financial Statements - continued

for the Year Ended 29 June 2025

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 29.6.25 |  | 29.6.24

| value: | £ | £ |

| 10 | Ordinary | £1 | 10 |  | 10 |  |

10. | RESERVES

| Non-distributable

| reserve

£ |

| At 30 June 2024

| and 29 June 2025 | 354,584 |  |

| The transfer between reserves represents the reclassification of investment property valuation gains and losses (net of associated deferred tax) into an other reserve, on the basis that the net valuation gains are not available for distribution to shareholders.

| Revaluations £380,324 less deferred tax £25,740, non-distributable reserve £354,584.

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Included in creditors is an amount of £2,659 due to the directors (2024 - £(19,907)) due to the directors). This loan is interest free and repayable on demand.

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is R J Winfield.

| The ultimate controlling party is R J Winfield.

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Ray Winfield Car Sales 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 Ray Winfield Car Sales Limited for the year ended 29 June 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 Ray Winfield Car Sales 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 Ray Winfield Car Sales Limited and state those matters that we have agreed to state to the Board of Directors of Ray Winfield Car Sales 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 Ray Winfield Car Sales Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ray Winfield Car Sales 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 Ray Winfield Car Sales Limited. You consider that Ray Winfield Car Sales 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 Ray Winfield Car Sales 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.

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

Date: .............................................