REV-1 Automotive LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC450295

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		34,677		-

			34,677		-
CURRENT ASSETS
Debtors	5	5,207		-
Cash at bank and in hand		6,005		1,478

		11,212		1,478
Creditors: Amounts Falling Due Within One Year	6	(3,281 )		(739 )

NET CURRENT ASSETS (LIABILITIES)			7,931		739

TOTAL ASSETS LESS CURRENT LIABILITIES			42,608		739

NET ASSETS ATTRIBUTABLE TO MEMBERS			42,608		739

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		27,932		-
Other amounts		14,341		404

			42,273		404

Equity
Members' other interests
Members' capital		335		335

			335		335

			42,608		739

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			42,273		404
Members' other interests			335		335

			42,608		739

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REV-1 Automotive LLP

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Robert Arnott Designated Member	Mr Connor Lumbar Designated Member
25 April 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

REV-1 Automotive LLP is a limited liability partnership, incorporated in England & Wales, registered number OC450295 . The Registered Office is Inchmead Suite, 100 Berkshire Place, Winnersh, Wokingham, RG41 5RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Going Concern Disclosure

The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.

2.3. Significant judgements and estimations

In the application of the LLP’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following are the significant judgements and key sources of estimation uncertainty that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements:

Depreciation of tangible fixed assets

Depreciation is provided on tangible fixed assets so as to write off their cost or valuation less estimated residual value over their useful economic lives, as estimated by the members. The determination of the useful economic lives and residual values of assets requires estimation based on historical experience with similar assets and expectations of future usage and technological developments.

2.4. Turnover

Turnover represents amounts (excluding value added tax) receivable for the provision of motor vehicle repairs and servicing during the year.

Revenue from the supply of services is recognised at the point in time when the service is completed and the performance obligation is satisfied, which is generally upon completion of the repair or servicing work and when the invoice is issued to the customer.

Revenue includes both parts and labour charged to customers. Parts are recognised as revenue when supplied and fitted as part of the repair or servicing job.

The company measures turnover at the fair value of the consideration received or receivable, net of trade discounts, value added tax and other similar sales-based taxes.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	5 years straight line
Motor Vehicles	3 years straight line
Computer Equipment	3 years straight line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

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REV-1 Automotive LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	-	-	-	-
Additions	41,275	2,083	298	43,656

As at 31 December 2025	41,275	2,083	298	43,656

Depreciation
As at 1 January 2025	-	-	-	-
Provided during the period	8,255	625	99	8,979

As at 31 December 2025	8,255	625	99	8,979

Net Book Value
As at 31 December 2025	33,020	1,458	199	34,677

As at 1 January 2025	-	-	-	-

5. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	5,207	-

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	(1 )	(1 )
Taxation and social security	3,282	740

	3,281	739

7. Ultimate Controlling Party

The Limited Liability Partnership has no ultimate parent undertaking and is not controlled by any single party. The LLP is jointly controlled by its two members, each of whom holds a 50% interest. The members are not related parties.

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