German Autocare Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of German Autocare Ltd for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of German Autocare Ltd for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to 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 at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of German Autocare Ltd , as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of German Autocare Ltd and state those matters that we have agreed to state to the directors of German Autocare Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than German Autocare Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that German Autocare Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of German Autocare Ltd . You consider that German Autocare Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of German Autocare Ltd . 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 financial statements.

Signed

24/10/2025

Crag & Co

Chartered Accountants & Chartered Tax Advisers

First Floor, Embsay Mill

Embsay

Skipton

North Yorkshire

BD23 6QR

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German Autocare Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 03531736

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		115,677		113,238

			115,677		113,238
CURRENT ASSETS
Stocks	5	15,000		24,700
Debtors	6	117,282		319,090
Cash at bank and in hand		763,861		479,494

		896,143		823,284
Creditors: Amounts Falling Due Within One Year	7	(190,112 )		(161,148 )

NET CURRENT ASSETS (LIABILITIES)			706,031		662,136

TOTAL ASSETS LESS CURRENT LIABILITIES			821,708		775,374

Creditors: Amounts Falling Due After More Than One Year	8		-		(1,545 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(23,069 )		(24,051 )

NET ASSETS			798,639		749,778

CAPITAL AND RESERVES
Called up share capital	10		60,000		60,000
Profit and Loss Account			738,639		689,778

SHAREHOLDERS' FUNDS			798,639		749,778

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German Autocare Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Rebecca Guthrie

Director

24/10/2025

The notes on pages 4 to 7 form part of these financial statements.

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German Autocare Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

German Autocare Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03531736 . The registered office is Grangfield Industrial Estate, Richardshaw Lane, Pudsey, West Yorkshire, LS28 6BP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Improvements to Property	10%
Plant & Machinery	15%
Motor Vehicles	25%
Computer Equipment	25%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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German Autocare Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 12)

4. Tangible Assets

	Land & Property
	Improvements to Property	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	61,095	392,441	35,282	49,235	538,053
Additions	-	15,048	6,750	1,167	22,965

As at 31 March 2025	61,095	407,489	42,032	50,402	561,018

Depreciation
As at 1 April 2024	38,305	319,413	21,432	45,665	424,815
Provided during the period	2,279	12,781	4,306	1,160	20,526

As at 31 March 2025	40,584	332,194	25,738	46,825	445,341

Net Book Value
As at 31 March 2025	20,511	75,295	16,294	3,577	115,677

As at 1 April 2024	22,790	73,028	13,850	3,570	113,238

5. Stocks

	2025	2024
	£	£
Stock	15,000	15,000
Stock secondhand vehicles	-	9,700

	15,000	24,700

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German Autocare Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	34,459	32,033
Other debtors	82,823	287,057

	117,282	319,090

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,510	4,201
Trade creditors	71,852	50,581
Other creditors	10,405	12,857
Taxation and social security	106,345	93,509

	190,112	161,148

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,545

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,893	5,350
Later than one year and not later than five years	-	1,928

	1,893	7,278
Less: Finance charges allocated to future periods	383	1,532

	1,510	5,746

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	60,000	60,000

11. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £7,255 (2024 - £6,596).

The company operates a Small Self-Administered Scheme. The assets of the scheme are held separately from those of the company. The pension cost charge represents contributions payable by the company to the fund and amounted to £nil (2024 - £120,000).

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German Autocare Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Keith Guthrie	272,962	30,623	(272,962 )	-	30,623
Mrs Rebecca Guthrie	-	5,873	(40 )	-	5,833

The above loan is unsecured, interest free and repayable on demand.

13. Related Party Transactions

Mrs R Guthrie and Mr K Guthrie are directors of the company and are therefore related parties.

Mrs R Guthrie is a shareholder of German Autocare Wakefield Ltd and German Autocare Sheffield Ltd, which are related by being part owned by the same shareholder.

Mr K Guthrie is a shareholder of Vancare Ltd, which is related by being part owned by the same shareholder.

Included within debtors, amounts falling due within one year, are director loan account balances of:

Mrs R Guthrie: £5,833

Mr K Guthrie: £30,623

The loans are interest free and payable on demand.

Included within debtors, amounts falling due within one year, is an inter-company loan account outstanding for German Autocare Wakefield Ltd, balance of £34,568.

The loan is interest free and payable on demand.

14. Ultimate Controlling Party

The company's ultimate controlling party is Mr K Guthrie by virtue of his ownership of 35% of the issued share capital and directorship in the company.

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