REGISTERED NUMBER: 04430969 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

PETCHEY CAR HIRE LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

81,969

89,594

Tangible assets

5

8,111

4,695

90,080

94,289

CURRENT ASSETS

Debtors

6

125,406

126,273

Cash at bank

16,796

3,344

142,202

129,617

CREDITORS

Amounts falling due within one year

7

64,163

58,528

NET CURRENT ASSETS

78,039

71,089

TOTAL ASSETS LESS CURRENT LIABILITIES

168,119

165,378

CREDITORS

Amounts falling due after more than one year

8

(973

)

(11,094

)

PROVISIONS FOR LIABILITIES

(1,264

)

(554

)

NET ASSETS

165,882

153,730

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

165,782

153,630

SHAREHOLDERS' FUNDS

165,882

153,730

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 April 2026 and were signed by:

A H Rafeeq - Director

1.	STATUTORY INFORMATION

Petchey Car Hire Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04430969

Registered office:

Station Garage

186 High Street North

London

E6 2JA

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

152,500

AMORTISATION

At 1 August 2024

62,906

Amortisation for year

7,625

At 31 July 2025

70,531

NET BOOK VALUE

At 31 July 2025

81,969

At 31 July 2024

89,594

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

68,200

45,174

9,955

123,329

Additions

-

4,851

-

4,851

At 31 July 2025

68,200

50,025

9,955

128,180

DEPRECIATION

At 1 August 2024

65,396

43,369

9,869

118,634

Charge for year

420

998

17

1,435

At 31 July 2025

65,816

44,367

9,886

120,069

NET BOOK VALUE

At 31 July 2025

2,384

5,658

69

8,111

At 31 July 2024

2,804

1,805

86

4,695

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,013

48,013

Amounts owed by connected undertakings

72,322

73,639

Other debtors

5,071

4,621

125,406

126,273

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

10,000

10,000

Trade creditors

7,042

4,040

Taxation and social security

1,680

854

Other creditors

45,441

43,634

64,163

58,528

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

973

11,094

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

973

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,094

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

2025

2024

£

£

Amounts owed by/(to) A H Rafeeq (Director)

(43,349

)

(41,569

)

Amounts owed by/(to) Goldline Car Services Ltd

22,322

23,639

Connected Undertakings:

Goldline Car Services Ltd

12.	CONNECTED UNDERTAKINGS

A company having the same or predominantly the same shareholders and/or Board of Directors but which is neither a parent, subsidiary, fellow subsidiary or associated company. Any trading activities between such companies have been at arm's length.