Allon White Sports Cars Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04876012

Allon White Sports Cars Ltd

Filleted Unaudited Financial Statements

30 November 2025

Allon White Sports Cars Ltd

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	4,200	6,300
Tangible assets	6	716,679	724,212
		---------	---------
		720,879	730,512

Current assets

Stocks		234,062	183,934
Debtors	7	44,421	20,309
Cash at bank and in hand		35,279	10,030
		---------	---------
		313,762	214,273

Creditors: amounts falling due within one year	8	346,264	276,384
		---------	---------
Net current liabilities		32,502	62,111
		---------	---------
Total assets less current liabilities		688,377	668,401

Creditors: amounts falling due after more than one year	9	101,212	123,429

Provisions	4,822	5,056
	---------	---------
Net assets	582,343	539,916
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	582,243	539,816
	---------	---------
Shareholders funds	582,343	539,916
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Allon White Sports Cars Ltd

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 17 April 2026 , and are signed on behalf of the board by:

Mr J D Bellenger

Director

Company registration number: 04876012

Allon White Sports Cars Ltd

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 119 High Street, Cranfield, Bedfordshire, MK43 0BS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	Over ten years
Website	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 11 ).

5. Intangible assets

	Goodwill	Website	Total
	£	£	£
Cost
At 1 December 2024 and 30 November 2025	132,411	8,400	140,811
	---------	-------	---------
Amortisation
At 1 December 2024	132,411	2,100	134,511
Charge for the year	–	2,100	2,100
	---------	-------	---------
At 30 November 2025	132,411	4,200	136,611
	---------	-------	---------
Carrying amount
At 30 November 2025	–	4,200	4,200
	---------	-------	---------
At 30 November 2024	–	6,300	6,300
	---------	-------	---------

6. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Dec 2024 and 30 Nov 2025	694,079	96,495	39,582	15,250	24,595	870,001
	---------	--------	--------	--------	--------	---------
Depreciation
At 1 Dec 2024	–	70,206	39,582	11,406	24,595	145,789
Charge for the year	–	6,572	–	961	–	7,533
	---------	--------	--------	--------	--------	---------
At 30 Nov 2025	–	76,778	39,582	12,367	24,595	153,322
	---------	--------	--------	--------	--------	---------
Carrying amount
At 30 Nov 2025	694,079	19,717	–	2,883	–	716,679
	---------	--------	--------	--------	--------	---------
At 30 Nov 2024	694,079	26,289	–	3,844	–	724,212
	---------	--------	--------	--------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	22,782	( 45)
Other debtors	21,639	20,354
	--------	--------
	44,421	20,309
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	17,245	111,827
Trade creditors	85,400	70,527
Corporation tax	16,299	–
Social security and other taxes	24,459	47,859
Other creditors	125,091	7,081
Pension fund	1,583	1,762
Other creditors	76,187	37,328
	---------	---------
	346,264	276,384
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	101,212	123,429
	---------	---------