Wellington St Car Sales Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08703333 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Wellington St Car Sales Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Nuttall

J P Wright

REGISTERED OFFICE:

7 Orpington Drive

Bury

Lancashire

BL8 2PJ

REGISTERED NUMBER:

08703333 (England and Wales)

ACCOUNTANTS:

Anthony Marshall Ltd

Chartered Accountants

70 Market Street

Tottington

Bury

Greater Manchester

BL8 3LJ

FIXED ASSETS

Tangible assets

4

38,320

38,906

CURRENT ASSETS

Stocks

5

252,640

290,208

Debtors

6

62,735

52,212

Cash at bank and in hand

198,318

185,511

513,693

527,931

CREDITORS

Amounts falling due within one year

7

95,643

114,880

NET CURRENT ASSETS

418,050

413,051

TOTAL ASSETS LESS CURRENT LIABILITIES

456,370

451,957

PROVISIONS FOR LIABILITIES

830

976

NET ASSETS

455,540

450,981

CAPITAL AND RESERVES

Called up share capital

400

Retained earnings

455,140

450,581

455,540

450,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 19 December 2025 and were signed on its behalf by:

S M Nuttall - Director

1.	STATUTORY INFORMATION

Wellington St Car Sales 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

15% reducing balance

Land and buildings are not depreciated.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Plant and

buildings

machinery

Totals

£

COST

At 1 October 2024

and 30 September 2025

35,000

16,382

51,382

DEPRECIATION

At 1 October 2024

-

12,476

Charge for year

-

586

At 30 September 2025

-

13,062

NET BOOK VALUE

At 30 September 2025

35,000

3,320

38,320

At 30 September 2024

35,000

3,906

38,906

5.

STOCKS

30.9.25

30.9.24

£

Stocks

252,640

290,208

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

13,995

6,151

Directors' current accounts

34,762

34,763

Tax

11,298

Prepayments

2,680

-

62,735

52,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

299

2,731

Tax

48,305

62,024

VAT

17,449

37,234

Directors' current accounts

26,200

9,601

Accrued expenses

3,390

3,290

95,643

114,880

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

S M Nuttall

Balance outstanding at start of year

34,763

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

34,763

During the year the company made loans to Mr S Nuttall of £34,763 (2024: £34,763). Interest was charged on these loans at normal commercial interest rates.

During the year dividends were paid to Mr S Nuttall of £68,537 (2024:£56,118)

During the year dividends were paid to Mrs C. A. Wright, the wife of Mr J.P Wright, a director, of £68,537 (2024:£56,118)

9.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr S Nuttall and Mr J P Wright, both directors, by virtue of their equal shareholdings in the company.