REGISTERED NUMBER: 03838179 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Northumbria Vehicle Co Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Purvis

R A Purvis

SECRETARY:

R A Purvis

REGISTERED OFFICE:

Oliver House Front Street

Seaton Burn

Newcastle Upon Tyne

United Kingdom

NE13 6ES

REGISTERED NUMBER:

03838179 (England and Wales)

ACCOUNTANTS:

Douglas Shaw Limited

7 Brenkley Way

Blezard Business Park

Seaton Burn

Tyne and Wear

NE13 6DS

FIXED ASSETS

Tangible assets

4

567,036

583,828

Investment property

5

294,550

294,550

861,586

878,378

CURRENT ASSETS

Stocks

337,261

346,788

Debtors

6

30,134

21,606

Cash at bank

29,962

64,163

397,357

432,557

CREDITORS

Amounts falling due within one year

7

439,510

487,939

NET CURRENT LIABILITIES

(42,153

)

(55,382

)

TOTAL ASSETS LESS CURRENT LIABILITIES

819,433

822,996

PROVISIONS FOR LIABILITIES

2,236

1,423

NET ASSETS

817,197

821,573

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

817,097

821,473

817,197

821,573

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by:

R G Purvis - Director

1.	STATUTORY INFORMATION

Northumbria Vehicle Co Ltd. 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures, fittings & equipment

-

25% on cost

Motor vehicles

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

fittings

Motor

property

& equipment

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

658,713

12,660

9,750

681,123

Additions

-

814

-

814

At 31 December 2025

658,713

13,474

9,750

681,937

DEPRECIATION

At 1 January 2025

87,442

9,582

271

97,295

Charge for year

13,176

1,178

3,252

17,606

At 31 December 2025

100,618

10,760

3,523

114,901

NET BOOK VALUE

At 31 December 2025

558,095

2,714

6,227

567,036

At 31 December 2024

571,271

3,078

9,479

583,828

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

294,550

NET BOOK VALUE

At 31 December 2025

294,550

At 31 December 2024

294,550

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

628

5,800

Other debtors

5,562

3,837

VAT

13,608

2,038

Prepayments and accrued income

10,336

9,931

30,134

21,606

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

1,851

-

Social security and other taxes

2,304

1,922

Other creditors

2,162

3,615

Directors' loan accounts

385,319

412,277

Accruals and deferred income

47,874

70,125

439,510

487,939