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Registration number: 13194139

Highway Auto Centre Ltd
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

Highway Auto Centre Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Highway Auto Centre Ltd

Company Information

Directors | Mr J D Luck Mrs M Luck

Registered office | Sunnyside Sandwich Road Deal Kent CT14 0AS

Accountants | Burgess Accountancy Services 46-47 The Strand Walmer Deal Kent CT14 7DX

Highway Auto Centre Ltd

(Registration number: 13194139)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 46,910 | 172,352
Investment property | 5 | 114,329 | -
|  | 161,239 | 172,352
Current assets |  |  |
Stocks | 6 | 94,020 | 80,562
Cash at bank and in hand |  | 95,502 | 40,417
|  | 189,522 | 120,979
Creditors: Amounts falling due within one year | 7 | (190,450) | (186,046)
Net current liabilities |  | (928) | (65,067)
Total assets less current liabilities |  | 160,311 | 107,285
Creditors: Amounts falling due after more than one year | 7 | (36,000) | (13,795)
Net assets |  | 124,311 | 93,490
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 124,211 | 93,390
Shareholders' funds |  | 124,311 | 93,490

For the financial year ending 28 February 2026 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 Profit and Loss Account.

Approved and authorised by the Board on 16 April 2026 and signed on its behalf by:

......................................... Mr J D Luck Director

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

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

The address of its registered office is:
Sunnyside
Sandwich Road
Deal
Kent
CT14 0AS

These financial statements were authorised for issue by the Board on 16 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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 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.

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tangible assets

Tangible assets are stated in the balance sheet 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.

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
Land and buildings | 4% straight line
Plant and machinery | 10% of written down value
Motor vehicles | 20% of written down value

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 6).

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Tangible assets

| Land and buildings £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 March 2025 | - | 7,489 | 71,259 | 78,748
At 28 February 2026 | - | 7,489 | 71,259 | 78,748
Depreciation
At 1 March 2025 | - | 4,422 | 21,864 | 26,286
Charge for the year | - | 613 | 4,939 | 5,552
At 28 February 2026 | - | 5,035 | 26,803 | 31,838
Carrying amount
At 28 February 2026 | - | 2,454 | 44,456 | 46,910
At 28 February 2025 | 119,890 | 3,067 | 49,395 | 172,352

Included within the net book value of land and buildings above is £Nil (2025 - £119,890) in respect of short leasehold land and buildings.

5 | Investment properties

| 2026 £
At 1 March | 139,039
Fair value adjustments | (24,710)
At 28 February | 114,329

There has been no valuation of investment property by an independent valuer.

6 | Stocks

| 2026 £ | 2025 £
Other inventories | 94,020 | 80,562

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 9 | 37,795 | 14,795
Taxation and social security |  | 23,365 | 31,696
Accruals and deferred income |  | 4,870 | 4,606
Other creditors |  | 124,420 | 134,949
|  | 190,450 | 186,046

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 9 | 36,000 | 13,795

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 36,000 | 13,795

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 37,795 | 14,795

10 | Related party transactions

Highway Auto Centre Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2026 £ | 2025 £
Remuneration | 12,631 | -