REGISTERED NUMBER: 02007723 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE HUTSON MOTOR COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Hutson

Mr M A Hutson

Mr M Hutson

SECRETARY:

Mr M Hutson

REGISTERED OFFICE:

Pawson Street

Bradford

West Yorkshire

BD4 8DF

REGISTERED NUMBER:

02007723 (England and Wales)

FIXED ASSETS

Tangible assets

4

76,691

84,137

CURRENT ASSETS

Stocks

424,796

469,636

Debtors

5

120,133

132,416

Cash at bank and in hand

115,685

81,248

660,614

683,300

CREDITORS

Amounts falling due within one year

6

247,946

274,335

NET CURRENT ASSETS

412,668

408,965

TOTAL ASSETS LESS CURRENT LIABILITIES

489,359

493,102

PROVISIONS FOR LIABILITIES

2,457

2,404

NET ASSETS

486,902

490,698

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

7

20,212

20,212

Retained earnings

466,688

470,484

SHAREHOLDERS' FUNDS

486,902

490,698

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 15 December 2025 and were signed on its behalf by:

Mr M Hutson - Director

1.	STATUTORY INFORMATION

The Hutson Motor Company 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.

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 as modified by the revaluation of certain assets.

The financial statements are presented in Sterling (£).

Turnover

Turnover represents fair value consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes from the stock and manufacture of parts and panels for Jaguar and MG cars. Turnover is recognised when invoiced.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% 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.

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

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

225,000

166,170

26,656

417,826

DEPRECIATION

At 1 April 2024

153,967

153,066

26,656

333,689

Charge for year

4,170

3,276

-

7,446

At 31 March 2025

158,137

156,342

26,656

341,135

NET BOOK VALUE

At 31 March 2025

66,863

9,828

-

76,691

At 31 March 2024

71,033

13,104

-

84,137

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Valuation in 1988

225,000

166,170

26,656

417,826

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

151,501

151,501

Aggregate depreciation

102,150

102,150

Value of land in freehold land and buildings

16,501

16,501

Freehold land and buildings were valued on an open market basis on 1 April 1988 by Eddisons, Valuers of Leeds .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

42,386

67,783

Other debtors

77,747

64,633

120,133

132,416

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

12,175

Trade creditors

80,403

93,160

Taxation and social security

8,800

10,147

Other creditors

158,743

158,853

247,946

274,335

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

20,212