Registration number: 01899535

Kevin Martin (Specialist Vehicles) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Kevin Martin (Specialist Vehicles) Limited

Company Information

Director

Mrs C Martin

Company secretary

Mrs C Martin

Registered office

Grange Lane North Scunthorpe North Lincolnshire DN16 1BN

Kevin Martin (Specialist Vehicles) Limited

(Registration number: 01899535)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	40,321	44,269
Current assets
Stocks		45,950	70,751
Debtors	5	56,211	73,446
Cash at bank and in hand		530	928
		102,691	145,125
Creditors: Amounts falling due within one year	6	(201,904)	(168,876)
Net current liabilities		(99,213)	(23,751)
Total assets less current liabilities		(58,892)	20,518
Creditors: Amounts falling due after more than one year	6	-	(6,000)
Net (liabilities)/assets		(58,892)	14,518
Capital and reserves
Called up share capital		100	100
Retained earnings		(58,992)	14,418
Shareholders' (deficit)/funds		(58,892)	14,518

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 Director acknowledges her 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 director on 23 April 2026
 

......................................... Mrs C Martin Company secretary and director

Kevin Martin (Specialist Vehicles) Limited

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

1	General information

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

The address of its registered office is:
Grange Lane North
Scunthorpe
North Lincolnshire
DN16 1BN

These financial statements were authorised for issue by the director on 23 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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

The financial statements cover the individual entity, Kevin Martin (Special Vehicles) Limited.

Related party exemption

The company has taken advantage of exemption, under the terms of 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..

Group accounts not prepared

The company has taken advantage of exmeption, under the terms of 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 not to disclose group accounts..

Going concern

The financial statements have been prepared on a going concern basis, the director has confirmed despite the company making a loss and the negative reserves the company can still trade and repay the liabilities from the sale of the business premises. In the meantime the director can provide funds for the day to day running of the business if necessary.

Kevin Martin (Specialist Vehicles) Limited

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

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.

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.

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
Freehold Property	2% on cost
Plant and Machinery	10% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to sell.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 7 (2024 - 7).

Kevin Martin (Specialist Vehicles) Limited

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

4	Tangible assets

	Freehold Property £	Plant and Machinery  £	Total £
Cost or valuation
At 1 September 2024	166,883	84,638	251,521
At 31 August 2025	166,883	84,638	251,521
Depreciation
At 1 September 2024	125,682	81,570	207,252
Charge for the year	3,338	610	3,948
At 31 August 2025	129,020	82,180	211,200
Carrying amount
At 31 August 2025	37,863	2,458	40,321
At 31 August 2024	41,201	3,068	44,269

5

Debtors

Current	2025 £	2024 £
Trade debtors	12,887	12,102
Other debtors	43,324	61,344
	56,211	73,446

Kevin Martin (Specialist Vehicles) Limited

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

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts		118,629	61,296
Trade creditors		13,825	28,951
Amounts owed to group undertakings		7,353	17,828
Taxation and social security		2,813	1,997
Accruals and deferred income		4,820	4,590
Other creditors		54,464	54,214
		201,904	168,876

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Bank loans and overdrafts		-	6,000

Creditors include an overdraft facility which is secured against the vehicle stock and land buildings owned by the company totalled £112,240 (2024 - £53,926).

7	Parent and ultimate parent undertaking

The company has taken advantage of exemption, under the terms of FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with its parent company Hamilton Press Holdings Limited.

 The Company's immediate parent is Kevin Martin Holdings Limited, incorporated in United Kingdom.

 

18 Exceptional administrative cost

Within the accounts is an exceptional cost totalling £15,020, this was to write off a loan balance owed from a company who have ceased trading with the loan becoming irrecoverable.