Company Registration No. 04762332 (England and Wales)
Cars To Go Limited
Unaudited accounts
for the year ended 31 March 2025
Cars To Go Limited
Unaudited accounts
Contents
Cars To Go Limited
Company Information
for the year ended 31 March 2025
Company Number
04762332 (England and Wales)
Registered Office
FLAT 10 LEIGHTON LODGE
15 BRANKSOME WOOD ROAD
BOURNEMOUTH
DORSET
BH2 6BX
Accountants
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
Cars To Go Limited
Accountants' report
Accountants' report to the director of Cars To Go Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cars To Go Limited for the year ended
31 March 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Cars To Go Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Cars To Go Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cars To Go Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cars To Go Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cars To Go Limited. You consider that Cars To Go 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 accounts of Cars To Go 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 accounts.
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
15 January 2026
Cars To Go Limited
Statement of financial position
as at 31 March 2025
Inventories
633,028
570,022
Cash at bank and in hand
77,561
78,226
Creditors: amounts falling due within one year
(487,742)
(405,324)
Net current assets
223,558
242,924
Total assets less current liabilities
223,971
243,475
Creditors: amounts falling due after more than one year
(25,052)
(52,819)
Provisions for liabilities
Other provisions
(14,536)
(16,277)
Net assets
184,383
174,379
Called up share capital
1
1
Profit and loss account
184,382
174,378
Shareholders' funds
184,383
174,379
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 January 2026 and were signed on its behalf by
Neil Morris
Director
Company Registration No. 04762332
Cars To Go Limited
Notes to the Accounts
for the year ended 31 March 2025
Cars To Go Limited is a private company, limited by shares, registered in England and Wales, registration number 04762332. The registered office is FLAT 10 LEIGHTON LODGE, 15 BRANKSOME WOOD ROAD, BOURNEMOUTH, DORSET, BH2 6BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on a reducing balance basis
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Cars To Go Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,217
-
Obligations under finance leases and hire purchase contracts
408,915
352,739
Trade creditors
33,521
13,671
Taxes and social security
21,036
9,840
7
Creditors: amounts falling due after more than one year
2025
2024
8
Provisions for liabilities
£
Warranty provision calculated at a rate of 0.5% of net sales
Cars To Go Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).