REGISTERED NUMBER: 06013411 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 April 2025

for

DB Autos Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

111,906

86,811

CURRENT ASSETS

Stocks

350,000

380,000

Debtors

5

56,858

49,201

Cash at bank

169,813

129,164

576,671

558,365

CREDITORS

Amounts falling due within one year

6

147,340

187,209

NET CURRENT ASSETS

429,331

371,156

TOTAL ASSETS LESS CURRENT LIABILITIES

541,237

457,967

CREDITORS

Amounts falling due after more than one year

7

(1,767

)

(12,229

)

PROVISIONS FOR LIABILITIES

(13,385

)

(12,223

)

NET ASSETS

526,085

433,515

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

525,985

433,415

SHAREHOLDERS' FUNDS

526,085

433,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 October 2025 and were signed on its behalf by:

D Brett - Director

1.	STATUTORY INFORMATION

DB Autos Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06013411

Registered office:

Unit 8

Gilston Road

Saltash

Cornwall

PL12 6TW

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

The company has various sources of income which are recognised in the following ways

Vehicle sales are recognised at the point where an agreement has been made for the sale of the vehicle, this is when either a deposit or full amount has been received.

Sale of goods and services are recognised at the point the goods or services are provided.

Vehicle hire is recognised on the date that the vehicle in question is hired.

MOT income is recognised on the date that the MOT is carried out.

Other sundry income is recognised at the point the consideration is received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Land and buildings - 5% on cost

Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks

Stock consists of vehicles and parts unsold at the year end.

Demonstration and courtesy cars are valued at cost less a write down to reflect the loss in value due to usage while owned by the company. If lower, the net realisable value is used.

Used vehicle stock is valued at cost or net realisable value if this is lower.

Parts are valued at the lower of cost and net realisable value, both for resale and use in vehicle repairs.

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.

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.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

8,014

251,940

259,954

Additions

-

60,038

60,038

Disposals

-

(13,451

)

(13,451

)

At 30 April 2025

8,014

298,527

306,541

DEPRECIATION

At 1 May 2024

1,174

171,969

173,143

Charge for year

400

30,287

30,687

Eliminated on disposal

-

(9,195

)

(9,195

)

At 30 April 2025

1,574

193,061

194,635

NET BOOK VALUE

At 30 April 2025

6,440

105,466

111,906

At 30 April 2024

6,840

79,971

86,811

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

43,027

30,743

Other debtors

13,831

18,458

56,858

49,201

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,462

10,206

Trade creditors

18,913

36,641

Taxation and social security

87,288

16,914

Other creditors

30,677

123,448

147,340

187,209

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

1,767

12,229