REGISTERED NUMBER: 05995310 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2025 to 31 March 2026

for

Currys Motors Devizes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N K Hale

Mr N C J Collins

Mr P A Collins

REGISTERED OFFICE:

Bath Road

DEVIZES

Wiltshire

SN10 1PQ

REGISTERED NUMBER:

05995310 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,493

21,979

16,493

21,979

CURRENT ASSETS

Stocks

20,915

13,494

Debtors

6

42,751

37,474

Cash at bank and in hand

707,223

548,442

770,889

599,410

CREDITORS

Amounts falling due within one year

7

178,189

110,308

NET CURRENT ASSETS

592,700

489,102

TOTAL ASSETS LESS CURRENT LIABILITIES

609,193

511,081

PROVISIONS FOR LIABILITIES

4,123

5,495

NET ASSETS

605,070

505,586

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

604,970

505,486

SHAREHOLDERS' FUNDS

605,070

505,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by:

Mr N K Hale - Director

Mr N C J Collins - Director

Mr P A Collins - Director

1.	STATUTORY INFORMATION

Currys Motors Devizes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten 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.

Improvements to property

-

5% on a straight line basis

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 March 2026

200,000

AMORTISATION

At 1 January 2025

and 31 March 2026

200,000

NET BOOK VALUE

At 31 March 2026

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

1,965

32,716

5,479

Additions

-

-

663

Disposals

-

-

-

At 31 March 2026

1,965

32,716

6,142

DEPRECIATION

At 1 January 2025

922

19,848

2,150

Charge for period

123

2,413

749

Eliminated on disposal

-

-

-

At 31 March 2026

1,045

22,261

2,899

NET BOOK VALUE

At 31 March 2026

920

10,455

3,243

At 31 December 2024

1,043

12,868

3,329

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

6,700

5,263

52,123

Additions

-

-

663

Disposals

(5,750

)

-

(5,750

)

At 31 March 2026

950

5,263

47,036

DEPRECIATION

At 1 January 2025

3,982

3,242

30,144

Charge for period

79

379

3,743

Eliminated on disposal

(3,344

)

-

(3,344

)

At 31 March 2026

717

3,621

30,543

NET BOOK VALUE

At 31 March 2026

233

1,642

16,493

At 31 December 2024

2,718

2,021

21,979

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

39,767

35,410

Other debtors

423

-

Prepayments and accrued income

2,561

2,064

42,751

37,474

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade creditors

52,468

23,536

Tax

81,430

54,476

Social security and other taxes

4,096

3,853

VAT

27,412

23,378

Other creditors

941

2,000

Directors' current accounts

27

65

Accruals and deferred income

11,815

3,000

178,189

110,308