Silverfin false false 31/05/2025 01/06/2024 31/05/2025 MD Cousins 19/03/2008 SJ Robinson 24/02/2021 J Rolfe 15/06/2020 20 January 2026 no description of principal activity 06540049 2025-05-31 06540049 bus:Director1 2025-05-31 06540049 bus:Director2 2025-05-31 06540049 bus:Director3 2025-05-31 06540049 2024-05-31 06540049 core:CurrentFinancialInstruments 2025-05-31 06540049 core:CurrentFinancialInstruments 2024-05-31 06540049 core:ShareCapital 2025-05-31 06540049 core:ShareCapital 2024-05-31 06540049 core:RetainedEarningsAccumulatedLosses 2025-05-31 06540049 core:RetainedEarningsAccumulatedLosses 2024-05-31 06540049 core:Goodwill 2024-05-31 06540049 core:Goodwill 2025-05-31 06540049 core:PlantMachinery 2024-05-31 06540049 core:Vehicles 2024-05-31 06540049 core:PlantMachinery 2025-05-31 06540049 core:Vehicles 2025-05-31 06540049 bus:OrdinaryShareClass1 2025-05-31 06540049 core:WithinOneYear 2025-05-31 06540049 core:WithinOneYear 2024-05-31 06540049 core:BetweenOneFiveYears 2025-05-31 06540049 core:BetweenOneFiveYears 2024-05-31 06540049 2024-06-01 2025-05-31 06540049 bus:FilletedAccounts 2024-06-01 2025-05-31 06540049 bus:SmallEntities 2024-06-01 2025-05-31 06540049 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 06540049 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06540049 bus:Director1 2024-06-01 2025-05-31 06540049 bus:Director2 2024-06-01 2025-05-31 06540049 bus:Director3 2024-06-01 2025-05-31 06540049 core:Goodwill core:TopRangeValue 2024-06-01 2025-05-31 06540049 core:Goodwill 2024-06-01 2025-05-31 06540049 core:OtherResidualIntangibleAssets 2024-06-01 2025-05-31 06540049 core:PlantMachinery 2024-06-01 2025-05-31 06540049 core:Vehicles 2024-06-01 2025-05-31 06540049 2023-06-01 2024-05-31 06540049 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 06540049 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 06540049 1 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06540049 (England and Wales)

# UNIT 5 MOTORCARE LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

UNIT 5 MOTORCARE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

UNIT 5 MOTORCARE LIMITED

## COMPANY INFORMATION

For the financial year ended 31 May 2025
UNIT 5 MOTORCARE LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 May 2025

Directors | MD Cousins
| SJ Robinson
| J Rolfe

Secretary | J Rolfe

Registered office | Units 4-5
| The Business Centre St Augustines Business Park
| Colewood Road
| Whitstable
| CT5 2QJ
| United Kingdom

Company number | 06540049 (England and Wales)

Accountant | Kreston Reeves LLP
| 37 St Margarets Street
| Canterbury
| Kent
| CT1 2TU

UNIT 5 MOTORCARE LIMITED

## BALANCE SHEET

As at 31 May 2025
UNIT 5 MOTORCARE LIMITED

## BALANCE SHEET (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 48,000 |  | 64,000
Tangible assets | 4 | 62,468 |  | 27,642
|  | 110,468 |  | 91,642
Current assets |  |  |  |
Stocks | 5 | 1,638 |  | 1,623
Debtors | 6 | 31,068 |  | 12,672
Cash at bank and in hand | 7 | 126,567 |  | 141,088
|  | 159,273 |  | 155,383
Creditors: amounts falling due within one year | 8 | ( 101,010) |  | ( 103,282)
Net current assets |  | 58,263 |  | 52,101
Total assets less current liabilities |  | 168,731 |  | 143,743
Provision for liabilities |  | ( 4,634) |  | ( 4,634)
Net assets |  | 164,097 |  | 139,109
Capital and reserves |  |  |  |
Called-up share capital | 9 | 100 |  | 100
Profit and loss account |  | 163,997 |  | 139,009
Total shareholder's funds |  | 164,097 |  | 139,109

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Unit 5 Motorcare Limited (registered number: 06540049) were approved and authorised for issue by the Board of Directors on 20 January 2026. They were signed on its behalf by:

J Rolfe Director |

UNIT 5 MOTORCARE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
UNIT 5 MOTORCARE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Unit 5 Motorcare Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Units 4-5, The Business Centre St Augustines Business Park, Colewood Road, Whitstable, CT5 2QJ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
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 financial statements. 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 assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 20 years straight line

###### Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is [number] years.

###### Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 15 % reducing balance
Vehicles | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

##### Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 9 |  | 8

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 June 2024 | 320,000 |  | 320,000
At 31 May 2025 | 320,000 |  | 320,000
Accumulated amortisation |  |  |
At 01 June 2024 | 256,000 |  | 256,000
Charge for the financial year | 16,000 |  | 16,000
At 31 May 2025 | 272,000 |  | 272,000
Net book value |  |  |
At 31 May 2025 | 48,000 |  | 48,000
At 31 May 2024 | 64,000 |  | 64,000

#### 4. Tangible assets

| Plant and machinery |  | Vehicles |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 June 2024 | 70,269 |  | 52,980 |  | 123,249
Additions | 10,517 |  | 37,000 |  | 47,517
Disposals | 0 |  | ( 13,250) |  | ( 13,250)
At 31 May 2025 | 80,786 |  | 76,730 |  | 157,516
Accumulated depreciation |  |  |  |  |
At 01 June 2024 | 46,335 |  | 49,272 |  | 95,607
Charge for the financial year | 4,388 |  | 7,865 |  | 12,253
Disposals | 0 |  | ( 12,812) |  | ( 12,812)
At 31 May 2025 | 50,723 |  | 44,325 |  | 95,048
Net book value |  |  |  |  |
At 31 May 2025 | 30,063 |  | 32,405 |  | 62,468
At 31 May 2024 | 23,934 |  | 3,708 |  | 27,642

#### 5. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 1,638 |  | 1,623

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 8,047 |  | 4,445
Prepayments | 18,271 |  | 3,477
Other debtors | 4,750 |  | 4,750
| 31,068 |  | 12,672

#### 7. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 126,567 |  | 141,088

#### 8. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 45,843 |  | 48,878
Accruals | 8,541 |  | 7,764
Corporation tax | 28,642 |  | 26,509
Other taxation and social security | 16,722 |  | 18,481
Other creditors | 1,262 |  | 1,650
| 101,010 |  | 103,282

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 |  | 2024
| £ |  | £
within one year | 46,800 |  | 46,800
between one and five years | 132,600 |  | 179,400
Total future minimum lease payments under non-cancellable operating leases | 179,400 |  | 226,200

#### 11. Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.

#### 12. Ultimate controlling party

The ultimate controlling party is Unit 5 Holdings Limited by virtue of its majority shareholding.