REGISTERED NUMBER: 07825487 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

German Tech Cars Cambridge Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

G Gacek

G Wilk

S R Kent

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

07825487 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,547

15,483

13,547

15,483

CURRENT ASSETS

Stocks

6

987

1,174

Debtors

7

26,007

28,861

Cash at bank and in hand

90,885

179,124

117,879

209,159

CREDITORS

Amounts falling due within one year

8

121,433

164,683

NET CURRENT (LIABILITIES)/ASSETS

(3,554

)

44,476

TOTAL ASSETS LESS CURRENT LIABILITIES

9,993

59,959

CREDITORS

Amounts falling due after more than one year

9

(2,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

(1,577

)

(2,513

)

NET ASSETS

5,916

44,946

CAPITAL AND RESERVES

Called up share capital

1,500

1,500

Retained earnings

4,416

43,446

SHAREHOLDERS' FUNDS

5,916

44,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 December 2025 and were signed on its behalf by:

S R Kent - Director

1.	STATUTORY INFORMATION

German Tech Cars Cambridge Ltd 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.

There were no material departures from that standard.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from the maintenance and repair of motor vehicles is recognised when work has been completed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Plant and machinery - 20% on cost

Fixtures and fittings - 20% on cost

Motor vehicles - 25% on reducing balance

Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

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 for the benefit of its employees. Contributions payable are charged to profit and loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

and 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

74,608

3,597

59,477

3,876

141,558

Additions

392

-

-

2,445

2,837

Disposals

-

(499

)

-

-

(499

)

At 31 March 2025

75,000

3,098

59,477

6,321

143,896

DEPRECIATION

At 1 April 2024

70,134

2,253

50,432

3,256

126,075

Charge for year

1,325

297

2,261

657

4,540

Eliminated on disposal

-

(266

)

-

-

(266

)

At 31 March 2025

71,459

2,284

52,693

3,913

130,349

NET BOOK VALUE

At 31 March 2025

3,541

814

6,784

2,408

13,547

At 31 March 2024

4,474

1,344

9,045

620

15,483

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

987

1,174

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,510

4,402

Other debtors

12,000

12,000

Prepayments

12,497

12,459

26,007

28,861

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

45,513

49,086

Tax

32,605

69,838

Social security and other taxes

3,613

2,518

VAT

24,096

22,692

Pension creditor

-

445

Directors' current accounts

492

513

Accrued expenses

5,114

9,591

121,433

164,683

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-5 years

2,500

12,500

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

60,954

51,670

Between one and five years

166,615

180,845

In more than five years

-

25,835

227,569

258,350

11.	SECURED DEBTS

There is a fixed charge of the rent deposit in favour of Universities Superannuation Scheme Limited, dated 5th May 2012.

12.	RELATED PARTY DISCLOSURES

The amount outstanding at the year-end to the directors was £492 (2024 - £513).

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 Statement of Financial Position. 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 German Tech Cars Cambridge Ltd for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, 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 German Tech Cars Cambridge Ltd, 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 German Tech Cars Cambridge Ltd and state those matters that we have agreed to state to the Board of Directors of German Tech Cars Cambridge Ltd, 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 German Tech Cars Cambridge Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that German Tech Cars Cambridge Ltd 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 German Tech Cars Cambridge Ltd. You consider that German Tech Cars Cambridge Ltd 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 German Tech Cars Cambridge 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 statutory financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

12 December 2025