REGISTERED NUMBER: 08996759 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ANDERSON MOTOR COMPANY LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I J Anderson

L F Anderson

REGISTERED OFFICE:

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

REGISTERED NUMBER:

08996759 (England and Wales)

ACCOUNTANTS:

TC CH Limited

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

17,134

10,583

17,134

10,583

CURRENT ASSETS

Stocks

6

71,288

105,898

Debtors

7

1,739

18,493

Cash at bank and in hand

42,175

26,284

115,202

150,675

CREDITORS

Amounts falling due within one year

8

22,521

23,644

NET CURRENT ASSETS

92,681

127,031

TOTAL ASSETS LESS CURRENT LIABILITIES

109,815

137,614

CREDITORS

Amounts falling due after more than one year

9

(12,215

)

(22,401

)

PROVISIONS FOR LIABILITIES

10

(2,545

)

(1,171

)

NET ASSETS

95,055

114,042

CAPITAL AND RESERVES

Called up share capital

11

10

10

Retained earnings

95,045

114,032

SHAREHOLDERS' FUNDS

95,055

114,042

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:

I J Anderson - Director

1.	STATUTORY INFORMATION

Anderson 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

Goodwill

Goodwill being the amount generated in connection with the incorporation of a Limited Company from a previous Sole Trading business.

The goodwill is being amortised on a straight line basis over 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on reducing balance

Computer equipment

-

33% on 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.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.

Debtors

Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. 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 initially measured at transaction price less attributable costs. 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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

11,000

AMORTISATION

At 1 April 2024

and 31 March 2025

11,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

55,955

Additions

13,788

At 31 March 2025

69,743

DEPRECIATION

At 1 April 2024

45,372

Charge for year

7,237

At 31 March 2025

52,609

NET BOOK VALUE

At 31 March 2025

17,134

At 31 March 2024

10,583

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

4,695

DEPRECIATION

At 1 April 2024

3,454

Charge for year

311

At 31 March 2025

3,765

NET BOOK VALUE

At 31 March 2025

930

At 31 March 2024

1,241

6.

STOCKS

2025

2024

£

£

Stocks

71,288

105,898

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,229

18,031

Prepayments

510

462

1,739

18,493

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,094

12,369

Corporation tax

3,541

7,098

VAT

4,476

1,071

Directors' current accounts

1,815

1,631

Accrued expenses

1,595

1,475

22,521

23,644

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

10,650

10,650

Bank loans - 2-5 years

1,565

11,751

12,215

22,401

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,545

1,171

Deferred

tax

£

Balance at 1 April 2024

1,171

Provided during year

1,374

Balance at 31 March 2025

2,545

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Class ordinary

£1

10

10

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end included in other creditors is a loan from the director to the company of £1,815 (2024: £1,630.92) This loan is interest free and payable on demand.

13.	RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 (2024 - £42,500) were paid to the directors .

14.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr I Anderson by virtue of his 100% shareholding, he has a controlling interest in the company.