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REGISTERED NUMBER: 03609552 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

ANTHONY BETTS & COMPANY LIMITED

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ANTHONY BETTS & COMPANY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTOR: | A J C Betts

| SECRETARY: | A J C Betts

| REGISTERED OFFICE: | Leighton Buzzard Road

| Water End

| Hemel Hempstead

| Hertfordshire

| HP1 3BD

| REGISTERED NUMBER: | 03609552 (England and Wales)

| ACCOUNTANTS: | Ad Valorem Accountancy Services Limited

| Chartered Certified Accountants

| 2 Manor Farm Court

| Old Wolverton Road

| Old Wolverton

| Milton Keynes

| Buckinghamshire

| MK12 5NN

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

BALANCE SHEET

30 JUNE 2025

2025 | 2024 |

| Notes | £ | £

CURRENT ASSETS

Stocks | 1,487,463 |  | 1,715,365 |  |

Debtors | 4 | 104,262 |  | 181,225 |  |

Cash at bank | 191,302 |  | 129,010 |  |

1,783,027 |  | 2,025,600 |  |

CREDITORS

Amounts falling due within one year | 5 | 1,132,767 |  | 1,438,661 |  |

NET CURRENT ASSETS | 650,260 |  | 586,939 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 650,260 |  | 586,939 |  |

CREDITORS

Amounts falling due after more than one year | 6 | - |  | 41,667 |  |

NET ASSETS | 650,260 |  | 545,272 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 650,160 |  | 545,172 |  |

SHAREHOLDERS' FUNDS | 650,260 |  | 545,272 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

BALANCE SHEET - continued

30 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 director and authorised for issue on 19 November 2025 and were signed by:

A J C Betts - Director

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Anthony Betts & Company 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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's turnover represents the value, excluding value added tax, of goods supplied to customers during the year. A sale is recognised when revenue and associated costs can be measured reliably and future economic benefits are probable. Revenue is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, net of discounts and value added tax.

| TANGIBLE FIXED ASSETS

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

| STOCKS

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

| New vehicle consignment stock relates to vehicles which due to the significant risks and rewards of ownership passing to the company are regarded effectively as being under the control of the company.These vehicles are included on the balance sheet, although legal title has not passed to the company. The corresponding liability is included as a consignment creditor within other creditors and is secured directly on these vehicles.

| 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 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.

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 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.

| 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.

| DEBTORS RECEIVABLE AND CREDITORS PAYABLE

| Debtors and creditors with no stated interest rate and receivable or payable within or after one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2024 - 16 ) .

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

2025 | 2024 |

| £ | £

| Trade debtors | 63,564 |  | 135,151 |  |

| Other debtors | 40,698 |  | 46,074 |  |

104,262 |  | 181,225 |  |

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

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 41,667 |  | 45,455 |  |

| Trade creditors | 741,392 |  | 1,088,810 |  |

| Taxation and social security | 185,007 |  | 97,115 |  |

| Other creditors | 164,701 |  | 207,281 |  |

1,132,767 |  | 1,438,661 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans | - |  | 41,667 |  |

ANTHONY BETTS & COMPANY LIMITED (REGISTERED NUMBER: 03609552)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Bank loans | 41,667 |  | 87,122 |  |

| Vehicle creditors | 145,186 |  | 354,314 |  |

| Consignment creditors | 147,894 |  | 429,182 |  |

334,747 |  | 870,618 |  |