REGISTERED NUMBER: 01007400 (England and Wales)

AUTOHOME LIMITED

STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Strategic Report

2

Report of the Director

3

to

4

Report of the Independent Auditors

5

to

7

Statement of Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Notes to the Financial Statements

11

to

16

DIRECTOR:

A F Robinson

REGISTERED OFFICE:

Mayleigh House

Orchard Hill

Little Billing

Northampton

NN3 9AD

REGISTERED NUMBER:

01007400 (England and Wales)

INDEPENDENT AUDITORS:

Phipps Henson McAllister

Chartered Accountants

and Statutory Auditors

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

The director presents his strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

We consider that our key performance indicators are those that communicate the financial performance of the company as a whole, these being turnover, profits and return on capital.

The company saw a increase in turnover of 11.5% during the year.

The company made a profit for the year after tax of £41,167 (2024: £31,314).

The return on capital employed was 9.88% (2024: 6.31%) Return on capital is calculated as operating profit divided by capital employed.

Net assets have increased to £537,512 as a result of retained net profits.

The directors consider the financial performance of the company to be satisfactory and are confident in the company's strategy going forward. The company continues to seek to develop into new niche markets.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal financial risks faced by the company and the company's objectives and policies in relation to those risks are as follows:-

CASH FLOW RISK

The company closely monitors and manages its cash flow. Cash flow forecasts are prepared with the objective of alerting the directors to potential future risks. It is the company's policy to ensure that adequate cash funds are available at all times to meet all outgoings.

CREDIT RISK

Credit risk is the financial exposure generated by the potential default of third parties in fulfilling their obligations. Credit risk arises for the company if it is unable to recover sums due from customers. The Company sets maximum levels of credit tolerance for its customers and regularly reviews them to mitigate this risk.

ON BEHALF OF THE BOARD:

A F Robinson - Director

2 December 2025

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activities of the company in the year under review were providing a car recovery and breakdown service and the provision of insurance intermediary services for nationwide and international motor vehicle breakdown recovery and assistance services.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2025.

DIRECTOR

A F Robinson held office during the whole of the period from 1 April 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Phipps Henson McAllister, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A F Robinson - Director

2 December 2025

Opinion

We have audited the financial statements of Autohome Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

-

We obtained an understanding of the legal and regulatory frameworks applicable to the Company and the sector in which they operate. We determined that the following laws and regulations were most significant: the Companies Act 2006, and UK corporate taxation laws.

-

We obtained an understanding of how the Company is complying with those legal and regulatory frameworks by making inquiries to the management. We corroborated our inquiries through our review of board minutes and other papers.

-

We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

-

identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;

-

understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

-

identifying and testing journal entries, in particular any journal entries posted with unusual account combinations; and

-

assessing the extent of compliance with the relevant laws and regulations.

These audit procedures were designed to provide reasonable assurance that the financial statements were free from fraud or error. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error and detecting irregularities that result from fraud is inherently more difficult than detecting those that result from an error, as fraud may involve collusion, deliberate concealment, forgery or intentional misrepresentations. Also, the further removed non-compliance with laws and regulations is from events and transactions reflected in the financial statements, the less likely we would become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Stuart Armstrong FCCA (Senior Statutory Auditor)

for and on behalf of Phipps Henson McAllister

Chartered Accountants

and Statutory Auditors

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

2 December 2025

TURNOVER

807,589

724,507

Cost of sales

8,796

9,441

GROSS PROFIT

798,793

715,066

Administrative expenses

745,699

675,751

OPERATING PROFIT

4

53,094

39,315

Interest receivable and similar income

1,632

2,223

PROFIT BEFORE TAXATION

54,726

41,538

Tax on profit

5

13,559

10,224

PROFIT FOR THE FINANCIAL YEAR

41,167

31,314

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

41,167

31,314

FIXED ASSETS

Investments

6

3,327

3,327

CURRENT ASSETS

Debtors

7

965,412

944,002

Cash at bank and in hand

629,798

571,024

1,595,210

1,515,026

CREDITORS

Amounts falling due within one year

8

1,061,025

1,022,008

NET CURRENT ASSETS

534,185

493,018

TOTAL ASSETS LESS CURRENT LIABILITIES

537,512

496,345

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

10

537,392

496,225

SHAREHOLDERS' FUNDS

537,512

496,345

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

A F Robinson - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

120

464,911

465,031

Changes in equity

Total comprehensive income

-

31,314

31,314

Balance at 31 March 2024

120

496,225

496,345

Changes in equity

Total comprehensive income

-

41,167

41,167

Balance at 31 March 2025

120

537,392

537,512

1.	STATUTORY INFORMATION

Autohome 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have reviewed liquidity requirements across the Group and are confident that there is sufficient flexibility such that it continues to be appropriate to prepare the accounts on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows.

Turnover

The turnover shown in the income statement represents the subscriptions received for providing a car recovery and breakdown service. Revenue is recognised in the period in which the services are provided when the amount of revenue can be measured reliably, it is probable that the company will receive the consideration due and the costs incurred providing the service can be measured reliably.

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Related party transactions

The company is a wholly owned subsidiary of Mayleigh House Holdings Limited, the consolidated accounts of which are publicly available. The company has taken advantage of the exemption in FRS 102 from disclosing transactions with members of the group.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Critical accounting judgements and estimation uncertainty

To be able to prepare financial statements in accordance with FRS102, Autohome Limited must make certain estimates and judgements that have an impact on the policies and the amounts reported in the annual accounts. The estimates and judgement are based on historical experiences and other factors including expectations of future events that are believed to be reasonable at the time such estimates and judgements are made. Actual experience may vary from these estimates.

The estimates and assumptions which have the most significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are discussed below:

Tangible Assets

Autohome Limited determines the estimated useful lives, residual values and related depreciation charges for its fixed assets with reference to the estimated periods that the company intends to derive future economic benefits from the use of these assets. Management will revise the depreciation charge where useful lives or residual values are materially different from those previously estimated. Actual economic lives may differ from estimated useful lives and actual residual values may differ from estimated useful values. Periodic review could result in a change in depreciable lives and residual values and therefore depreciation expenses in the future periods.

Trade debtors

In determining the recoverability of trade debtors, management provide for any trade debtors that they believe not to be recoverable.

3.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

560,062

512,898

Social security costs

43,976

37,155

Other pension costs

25,339

26,102

629,377

576,155

The average number of employees during the year was as follows:

2025

2024

Administrative

32

29

2025

2024

£

£

Director's remuneration

35,963

43,155

Director's pension contributions to money purchase schemes

4,645

1,295

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

1

1

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Other operating leases

7,200

7,200

Auditors' remuneration

15,680

13,600

Foreign exchange differences

291

415

In the opinion of the directors Key management personnel are considered to be the directors only.

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

13,559

10,224

Tax on profit

13,559

10,224

UK corporation tax has been charged at 25% (2024 - 25%).

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

54,726

41,538

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

13,682

10,385

Effects of:

Capital allowances in excess of depreciation

(123

)

(150

)

Marginal relief

-

(11

)

Total tax charge

13,559

10,224

6.	FIXED ASSET INVESTMENTS

Shares in

related

undertaking

£

COST

At 1 April 2024

and 31 March 2025

3,327

NET BOOK VALUE

At 31 March 2025

3,327

At 31 March 2024

3,327

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

320,496

21,299

Amounts owed by group undertakings

607,853

634,988

Other debtors

8,000

10,370

Prepayments and accrued income

29,063

277,345

965,412

944,002

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,290

1,629

Amounts owed to group undertakings

927,889

732,647

Corporation tax

13,558

10,224

Social security and other taxes

8,382

10,559

Other creditors

2,871

3,879

Accruals and deferred income

105,035

263,070

1,061,025

1,022,008

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

120

Ordinary

£1

120

120

10.

RESERVES

Retained

earnings

£

At 1 April 2024

496,225

Profit for the year

41,167

At 31 March 2025

537,392

Retained Earnings includes all current and prior period retained profits and losses.

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date the amount due to the pension scheme was £2,871 (2024: £3,296).

12.	ULTIMATE PARENT COMPANY

The ultimate parent company is Mayleigh House Holdings Limited, who hold 100% of the issued share capital. Mayleigh House Holdings Limited is a company registered in England and Wales, and a copy of the group accounts can be obtained from: Mayleigh House, Orchard Hill, Little Billing, Northampton, NN3 9AD.

13.	CONTINGENT LIABILITIES

The company has the following contingent liability:

There is in place in favour of Barclays Bank Plc, an unlimited cross guarantee between Autohome Limited and Mayleigh House Holdings Limited.

14.	RELATED PARTY DISCLOSURES

Autohome Limited is a wholly owned subsidiary of Mayleigh House Holdings Limited.

Mayleigh House Holdings Limited is also the 100% parent company of Autohome Insurance Limited, Autohome International Limited and Mayleigh House Investments Limited.

The company was under the control of the A F Robinson who controls 85% of the parent company's share capital.

The company made sales of £217,334 (2024: £653,177) to other companies of which A F Robinson is a director. Debtors include £318,706 (2024: £257,958) owing from these companies.

The company made purchases of £Nil (2024: £144,428) to other companies of which A F Robinson is a director. Creditors include £931 (2024: £nil) owing from these companies.