REGISTERED NUMBER: 06517965 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Five Star Automotive Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R M Urquhart

Mr R W Urquhart

SECRETARY:

Mr R W Urquhart

REGISTERED OFFICE:

Dolphin Road

Off Sharpe Lane

Middleton

Leeds

West Yorkshire

LS10 4AB

REGISTERED NUMBER:

06517965 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

136,851

89,965

Investments

6

19,335

19,335

156,186

109,300

CURRENT ASSETS

Stocks

235,000

243,705

Debtors

7

640,161

501,816

Cash at bank

978,401

629,232

1,853,562

1,374,753

CREDITORS

Amounts falling due within one year

8

1,066,381

773,901

NET CURRENT ASSETS

787,181

600,852

TOTAL ASSETS LESS CURRENT LIABILITIES

943,367

710,152

PROVISIONS FOR LIABILITIES

34,213

22,491

NET ASSETS

909,154

687,661

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

909,151

687,658

SHAREHOLDERS' FUNDS

909,154

687,661

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mr R M Urquhart - Director

Mr R W Urquhart - Director

1.	STATUTORY INFORMATION

Five Star Automotive 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 and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.Turnover is recognised at the point of despatch of the goods.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

All fixed assets are initially recorded at 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 Statement of Income and Retained Earnings, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

21,600

65,076

163,282

14,879

264,837

Additions

4,100

3,500

91,569

-

99,169

Disposals

-

-

(35,835

)

-

(35,835

)

At 31 March 2025

25,700

68,576

219,016

14,879

328,171

DEPRECIATION

At 1 April 2024

16,859

57,701

86,060

14,252

174,872

Charge for year

2,211

2,820

37,781

158

42,970

Eliminated on disposal

-

-

(26,522

)

-

(26,522

)

At 31 March 2025

19,070

60,521

97,319

14,410

191,320

NET BOOK VALUE

At 31 March 2025

6,630

8,055

121,697

469

136,851

At 31 March 2024

4,741

7,375

77,222

627

89,965

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

19,335

NET BOOK VALUE

At 31 March 2025

19,335

At 31 March 2024

19,335

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

638,990

501,027

Other debtors

1,171

789

640,161

501,816

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

647,652

453,962

Taxation and social security

204,489

170,529

Other creditors

214,240

149,410

1,066,381

773,901

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

Ordinary

£1

3

3