REGISTERED NUMBER: 03812094 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TNT CARS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

A Khan

REGISTERED OFFICE:

10 Nightingale Road

Horsham

West Sussex

RH12 2NW

REGISTERED NUMBER:

03812094 (England and Wales)

ACCOUNTANTS:

STGCA LLP t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TNT Cars Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of TNT Cars Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TNT Cars Limited and state those matters that we have agreed to state to the director of TNT Cars Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TNT Cars Limited and its director for our work or for this report.

It is your duty to ensure that TNT Cars Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TNT Cars Limited. You consider that TNT Cars Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TNT Cars Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STGCA LLP t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

31 December 2025

FIXED ASSETS

Intangible assets

4

144,000

-

Tangible assets

5

27,852

35,147

171,852

35,147

CURRENT ASSETS

Debtors

6

90,830

47,160

Cash at bank and in hand

69,431

64,703

160,261

111,863

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

(136,192

)

(47,373

)

NET CURRENT ASSETS

24,069

64,490

TOTAL ASSETS LESS CURRENT LIABILITIES

195,921

99,637

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

8

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES

10

(6,963

)

(6,678

)

NET ASSETS

187,291

81,292

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

11

187,091

81,092

187,291

81,292

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 director acknowledges his 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 31 December 2025 and were signed by:

A Khan - Director

1.	STATUTORY INFORMATION

TNT Cars 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 cost reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

180,000

At 31 March 2025

180,000

AMORTISATION

Amortisation for year

36,000

At 31 March 2025

36,000

NET BOOK VALUE

At 31 March 2025

144,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

Motor

to property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

16,189

106,410

478

127,508

250,585

DEPRECIATION

At 1 April 2024

2,428

104,755

276

107,979

215,438

Charge for year

2,065

310

38

4,882

7,295

At 31 March 2025

4,493

105,065

314

112,861

222,733

NET BOOK VALUE

At 31 March 2025

11,696

1,345

164

14,647

27,852

At 31 March 2024

13,761

1,655

202

19,529

35,147

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,830

46,065

Amounts owed by participating interests

66,000

-

Other debtors

-

1,095

90,830

47,160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

10,000

10,000

Trade creditors

-

286

Tax

37,859

7,882

Social security and other taxes

1,633

1,633

VAT

21,746

22,148

Other creditors

1,951

1,951

Directors' current accounts

60,124

298

Accrued expenses

2,879

3,175

136,192

47,373

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

1,667

11,667

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,667

11,667

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,963

6,678

Deferred tax

£

Balance at 1 April 2024

6,678

Provided during year

285

Balance at 31 March 2025

6,963

11.

RESERVES

Retained

earnings

£

At 1 April 2024

81,092

Profit for the year

105,999

At 31 March 2025

187,091

12.	OTHER FINANCIAL COMMITMENTS

Included in Creditors Due more than one year in Business Bounce Back loan of £50,000. The loan is repayable in 6 years with the rate of interest fixed at 2.50% per annum staring 13 months after the first drawdown. First drawdown date 15 June 2020. Interest due for the first 12 months is paid the UK government as grant also know as business interruption payment.