REGISTERED NUMBER: 07212935 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

66 Contracts Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Welch

Mrs L Welch

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hampshire

GU14 6JP

REGISTERED NUMBER:

07212935 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

70,929

83,264

CURRENT ASSETS

Stocks

-

6,003

Debtors

5

6,347

3,250

Cash at bank

20,399

3,225

26,746

12,478

CREDITORS

Amounts falling due within one year

6

49,917

27,927

NET CURRENT LIABILITIES

(23,171

)

(15,449

)

TOTAL ASSETS LESS CURRENT LIABILITIES

47,758

67,815

CREDITORS

Amounts falling due after more than one year

7

17,091

19,609

NET ASSETS

30,667

48,206

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

30,665

48,204

SHAREHOLDERS' FUNDS

30,667

48,206

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 18 December 2025 and were signed on its behalf by:

Mrs L Welch - Director

1.	STATUTORY INFORMATION

66 Contracts 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.

Turnover

Turnover represents the invoiced sale of vehicles, net of value added tax, and is recognised when vehicles are delivered.

Tangible fixed assets

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

Commercial Units

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks of motor vehicles 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 tax recognised as 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 not recognised in respect of any timing differences which may have originated but not been reversed at the balance sheet date since the amount is not considered to be material.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Commercial

Plant and

Office

Units

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

102,527

3,606

2,810

108,943

Additions

4,650

-

748

5,398

At 31 March 2025

107,177

3,606

3,558

114,341

DEPRECIATION

At 1 April 2024

20,505

3,217

1,957

25,679

Charge for year

17,335

78

320

17,733

At 31 March 2025

37,840

3,295

2,277

43,412

NET BOOK VALUE

At 31 March 2025

69,337

311

1,281

70,929

At 31 March 2024

82,022

389

853

83,264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,347

-

Other debtors

-

3,250

6,347

3,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,720

6,720

Trade creditors

4,400

234

Taxation and social security

18,893

4,288

Other creditors

19,904

16,685

49,917

27,927

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

17,091

19,609