Registration number: 09698642

Auto Action Developments Limited

Contents

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

Auto Action Developments Limited

Company Information

Directors

Mr Christopher Corbould Mr Neil Layton

Registered office

Faveo House, 2 Somerville Court Banbury Business Park Adderbury Banbury Oxfordshire OX17 3SN

Accountants

Periscope Group Limited Faveo House, 2 Somerville Court Banbury Business Park Adderbury Oxfordshire OX17 3SN

Auto Action Developments Limited

(Registration number: 09698642)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	88,111	98,601
Current assets
Stocks	5	111,422	71,222
Debtors	6	209,757	74,905
Cash at bank and in hand		100,228	279,153
		421,407	425,280
Creditors: Amounts falling due within one year	7	(165,357)	(59,073)
Net current assets		256,050	366,207
Total assets less current liabilities		344,161	464,808
Provisions for liabilities		(16,741)	(18,734)
Net assets		327,420	446,074
Capital and reserves
Called up share capital	8	100	100
Retained earnings		327,320	445,974
Shareholders' funds		327,420	446,074

For the financial year ending 31 July 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 29 April 2026 and signed on its behalf by:
 

......................................... Mr Christopher Corbould Director

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Faveo House, 2 Somerville Court
Banbury Business Park
Adderbury
Banbury
Oxfordshire
OX17 3SN

These financial statements were authorised for issue by the Board on 29 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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

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 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
Plant and machinery	Reducing balance 25%
Office equipment	Reducing balance 25%

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 August 2024	3,027	42,000	143,363	188,390
Additions	2,200	-	6,900	9,100
At 31 July 2025	5,227	42,000	150,263	197,490
Depreciation
At 1 August 2024	2,360	3,500	83,929	89,789
Charge for the year	579	9,625	9,386	19,590
At 31 July 2025	2,939	13,125	93,315	109,379
Carrying amount
At 31 July 2025	2,288	28,875	56,948	88,111
At 31 July 2024	667	38,500	59,434	98,601

5

Stocks

	2025 £	2024 £
Other inventories	111,422	71,222

6

Debtors

Current	2025 £	2024 £
Trade debtors	181,795	17,622
Prepayments	26,854	29,910
Other debtors	1,108	27,373
	209,757	74,905

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	64,806	5,992
Taxation and social security	13,892	9,088
Accruals and deferred income	8,878	11,267
Other creditors	77,781	32,726
	165,357	59,073

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £1,000.00) per ordinary share		-		100,000

10	Related party transactions

Summary of transactions with entities with joint control or significant interest

Auto Action FX Limited, a company of which N Layton is also a director, provided services to the value of £42,161 (2024 £11,541) to the company during the year and was owed by the company £49,950 (2024 owed the company £50) by way of an intercompany loan at the year end.

Direct 2 Action Limited, a company of which C Corbould is also a director, provided goods and services to the value of £6,944 (2024 £3,840) to the company during the year and owed £50 (2024 £14925) by way of an intercompany loan at the year end. Auto Action Developments Limited provided goods and services to Direct 2 Action Limited amounting to £453 (2024 £nil) in this financial year.

Income and receivables from related parties

2025	Entities with joint control or significant influence £
Sale of goods	453

2024

Expenditure with and payables to related parties

2025	Entities with joint control or significant influence £
Purchase of goods	800
Rendering of services	48,305
	49,105

Auto Action Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

2024	Entities with joint control or significant influence £
Purchase of goods	2,490
Rendering of services	12,891
	15,381

Loans to related parties

2025	Entities with joint control or significant influence £	Total £
At start of period	14,975	14,975
Repaid	(14,875)	(14,875)
At end of period	100	100

2024	Entities with joint control or significant influence £	Total £
At start of period	14,975	14,975
At end of period	14,975	14,975

Loans from related parties

2025	Entities with joint control or significant influence £	Total £
Advanced	50,000	50,000
At end of period	50,000	50,000