Clayton Cars Bristol Ltd - Filleted accounts

Registered number

09861342

Clayton Cars Bristol Ltd

Filleted Accounts

31 March 2025

Clayton Cars Bristol Ltd
Registered number:		09861342
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		47,390			61,360

Current assets
Stocks		22,000			22,000
Debtors	5	40,525			41,034
Cash at bank and in hand		57,864			88,210
		120,389			151,244

Creditors: amounts falling due within one year	6	(88,748)			(98,512)

Net current assets			31,641			52,732

Total assets less current liabilities			79,031			114,092

Creditors: amounts falling due after more than one year	7		(18,337)			(27,568)

Provisions for liabilities			(11,452)			(13,538)


Net assets			49,242			72,986

Capital and reserves
Called up share capital			100			100
Profit and loss account			49,142			72,886

Shareholders' funds			49,242			72,986

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Peter Sowden
Director
Approved by the board on 18 December 2025

Clayton Cars Bristol Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements to property			5% on cost
	Plant and machinery			25 on reducing balance
	Fixtures, fittings, tools and equipment			25 on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		8


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							17,083
	At 31 March 2025							17,083

	Amortisation
	At 1 April 2024							17,083
	At 31 March 2025							17,083

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	13,416		26,167		68,578		108,161
	At 31 March 2025	13,416		26,167		68,578		108,161

	Depreciation
	At 1 April 2024	5,256		23,285		18,260		46,801
	Charge for the year	671		720		12,579		13,970
	At 31 March 2025	5,927		24,005		30,839		60,771

	Net book value
	At 31 March 2025	7,489		2,162		37,739		47,390
	At 31 March 2024	8,160		2,882		50,318		61,360


5	Debtors					2025		2024
£							£

	Trade debtors					4,694		6,375
	Other debtors					35,831		34,659
						40,525		41,034


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,190		618
	Obligations under finance lease and hire purchase contracts					9,231		9,321
	Trade creditors					36,744		45,384
	Taxation and social security costs					36,198		42,146
	Other creditors					2,385		1,043
						88,748		98,512


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					18,337		27,568


8	Controlling party

	The company is under the control of the directors by virtue of their equal shareholding of the voting shares in the company.


9	Other information

	Clayton Cars Bristol Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	155 South Liberty Lane
	Ashton
	Bristol
	BS3 2TL