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Registration number: 02858704

Petromex Forecourt Services Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Petromex Forecourt Services Limited

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 11

Petromex Forecourt Services Limited

Company Information

Directors | Mr GP Valentine Miss SL Valentine

Registered office | Harwood Bar Garage Whalley Road Great Harwood Blackburn Lancs BB6 7TE

Accountants | McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Petromex Forecourt Services Limited

(Registration number: 02858704)
Statement of Financial Position as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,042,451 | 3,467,594
Current assets |  |  |
Stocks |  | 74,224 | 175,662
Debtors | 5 | 361,665 | 530,014
Cash at bank and in hand |  | 1,400,350 | 757,905
|  | 1,836,239 | 1,463,581
Creditors: Amounts falling due within one year | 6 | (190,165) | (1,623,729)
Net current assets/(liabilities) |  | 1,646,074 | (160,148)
Total assets less current liabilities |  | 4,688,525 | 3,307,446
Creditors: Amounts falling due after more than one year | 6 | (540,147) | (384,317)
Provisions for liabilities |  | (53,754) | (72,818)
Net assets |  | 4,094,624 | 2,850,311
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Capital redemption reserve |  | 5 | 5
Retained earnings |  | 4,094,519 | 2,850,206
Shareholders' funds |  | 4,094,624 | 2,850,311

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 4 February 2026 and signed on its behalf by:

Petromex Forecourt Services Limited

(Registration number: 02858704)
Statement of Financial Position as at 30 September 2025 (continued)

......................................... Mr GP Valentine Director

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Harwood Bar Garage Whalley Road
Great Harwood
Blackburn
Lancs
BB6 7TE
England

2 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Land and Buildings are initially recognised at cost. Each year an assessment of the closing residual value of the Land and Buildings is taken into account and no depreciation charge is applied if this is the same or above the net book value.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 10% on reducing balance
Plant and machinery | 10% on reducing balance
Motor vehicles | 20% on reducing balance
Office equipment | 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 17).

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets

| Long leasehold land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £
Cost or valuation
At 1 October 2024 | 3,283,123 | 40,630 | 185,213 | 10,137
Additions | 108,761 | - | - | 650
Disposals | (428,018) | (20,252) | (75,023) | (537)
At 30 September 2025 | 2,963,866 | 20,378 | 110,190 | 10,250
Depreciation
At 1 October 2024 | - | 10,021 | 87,862 | 9,779
Charge for the year | - | 1,584 | 5,391 | 556
Eliminated on disposal | - | (5,488) | (31,582) | (531)
At 30 September 2025 | - | 6,117 | 61,671 | 9,804
Carrying amount
At 30 September 2025 | 2,963,866 | 14,261 | 48,519 | 446
At 30 September 2024 | 3,283,123 | 30,609 | 97,351 | 358

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets (continued)

| Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 81,999 | 3,601,102
Additions | - | 109,411
Disposals | (58,000) | (581,830)
At 30 September 2025 | 23,999 | 3,128,683
Depreciation
At 1 October 2024 | 25,846 | 133,508
Charge for the year | 3,840 | 11,371
Eliminated on disposal | (21,046) | (58,647)
At 30 September 2025 | 8,640 | 86,232
Carrying amount
At 30 September 2025 | 15,359 | 3,042,451
At 30 September 2024 | 56,153 | 3,467,594

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets (continued)

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 338,096 | 512,071
Prepayments | 15,569 | 17,943
Other debtors | 8,000 | -
| 361,665 | 530,014

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 43,086 | 1,120,405
Trade creditors |  | 30,040 | 398,898
Taxation and social security |  | 93,561 | 93,108
Accruals and deferred income |  | 10,983 | 9,677
Other creditors |  | 12,495 | 1,641
|  | 190,165 | 1,623,729

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 540,147 | 384,317

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 540,147 | 384,317

Current loans and borrowings

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

7 | Loans and borrowings (continued)

| 2025 £ | 2024 £
Bank borrowings | 43,086 | 1,120,405

8 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 9,822 | -
Later than one year and not later than five years | 20,315 | -
| 30,137 | -

9 | Related party transactions

Petromex Forecourt Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

9 | Related party transactions (continued)

Transactions with directors

2025 | At 1 October 2024 £ | Advances to director £ | Repayments by director £ | At 30 September 2025 £
Mr GP Valentine
| - | 30,378 | (22,378) | 8,000