REGISTERED NUMBER: 08915964 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Six Lanes End Motor Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D T Parkinson

REGISTERED OFFICE:

c/o Six Lane Ends Motor Co

Leeds Road

Heckmondwike

West Yorkshire

WF16 9DQ

REGISTERED NUMBER:

08915964 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

496,034

508,760

CURRENT ASSETS

Stocks

5

397,549

440,067

Debtors

6

2,716

22,045

Cash at bank and in hand

86,790

-

487,055

462,112

CREDITORS

Amounts falling due within one year

7

175,218

117,789

NET CURRENT ASSETS

311,837

344,323

TOTAL ASSETS LESS CURRENT LIABILITIES

807,871

853,083

CREDITORS

Amounts falling due after more than one year

8

579,395

673,919

NET ASSETS

228,476

179,164

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

228,474

179,162

SHAREHOLDERS' FUNDS

228,476

179,164

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 3 September 2025 and were signed by:

Mr D T Parkinson - Director

1.	STATUTORY INFORMATION

Six Lanes End Motor Company 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.

Tangible fixed assets

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

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements

- 20% on cost

Fixtures and fittings

- 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Improvements

and

property

to property

fittings

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

485,355

179,142

57,212

721,709

DEPRECIATION

At 1 June 2024

-

169,976

42,973

212,949

Charge for year

-

9,166

3,560

12,726

At 31 May 2025

-

179,142

46,533

225,675

NET BOOK VALUE

At 31 May 2025

485,355

-

10,679

496,034

At 31 May 2024

485,355

9,166

14,239

508,760

5.

STOCKS

31.5.25

31.5.24

£

£

Stocks

397,549

440,067

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

1,000

-

Other debtors

1,716

22,045

2,716

22,045

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts (see note 9)

49,762

62,767

Trade creditors

41,746

7,425

Taxation and social security

22,117

25,276

Other creditors

61,593

22,321

175,218

117,789

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans (see note 9)

579,395

673,919

9.

LOANS

An analysis of the maturity of loans is given below:

31.5.25

31.5.24

£

£

Amounts falling due within one year or on demand:

Bank loans

49,762

62,767

Amounts falling due between two and five years:

Bank loans - 2-5 years

579,395

673,919

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors, due within one year, is a loan from the director of £26,925 (2024: £13,866). The loan is interest free and is repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D T Parkinson.