REGISTERED NUMBER: 08635700 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Cheshire Performance Cars Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A Yaseen

SECRETARY:

A Shad

REGISTERED OFFICE:

Unit 6

Shepley Industrial Estate

Audenshaw

Manchester

M34 5DR

REGISTERED NUMBER:

08635700 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Tangible assets

4

10,743

13,169

CURRENT ASSETS

Stocks

1,882,404

1,617,196

Debtors

5

535,933

531,472

Cash at bank

1,448,473

1,162,966

3,866,810

3,311,634

CREDITORS

Amounts falling due within one year

6

1,018,252

983,801

NET CURRENT ASSETS

2,848,558

2,327,833

TOTAL ASSETS LESS CURRENT LIABILITIES

2,859,301

2,341,002

PROVISIONS FOR LIABILITIES

2,685

3,295

NET ASSETS

2,856,616

2,337,707

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

2,856,614

2,337,705

SHAREHOLDERS' FUNDS

2,856,616

2,337,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 18 November 2025 and were signed by:

Mrs A Yaseen - Director

1.	STATUTORY INFORMATION

Cheshire Performance Cars 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% reducing balance

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 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.

The Finance Act 2021, which was substantively enacted on 24 May 2021, includes provisions to increase the main rate of UK corporation tax from 19% to 25% with effect from 1 April 2023. 25% has been applied in these accounts to calculate deferred tax assets and liabilities as at 30 September 2022.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

23,039

Additions

1,137

At 31 August 2025

24,176

DEPRECIATION

At 1 September 2024

9,870

Charge for year

3,563

At 31 August 2025

13,433

NET BOOK VALUE

At 31 August 2025

10,743

At 31 August 2024

13,169

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

68,575

67,900

Amounts owed by participating interests

456,402

456,162

Other debtors

328

6

Prepayments

10,628

7,404

535,933

531,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

128,546

70,994

Tax

230,327

283,522

Social security and other taxes

8,159

7,161

VAT

53,035

43,053

Other creditors

3,683

30,168

Directors' current accounts

586,002

542,403

Accruals and deferred income

8,500

6,500

1,018,252

983,801

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Share capital 1

2

2

2

8.

RESERVES

Retained

earnings

£

At 1 September 2024

2,337,705

Profit for the year

688,909

Dividends

(170,000

)

At 31 August 2025

2,856,614