Whittaker Coachbuilders International Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05416442

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		139,987		169,407

			139,987		169,407
CURRENT ASSETS
Stocks	6	537,715		248,352
Debtors	7	35,506		92,625
Cash at bank and in hand		1,140,843		1,031,238

		1,714,064		1,372,215
Creditors: Amounts Falling Due Within One Year	8	(832,593 )		(561,674 )

NET CURRENT ASSETS (LIABILITIES)			881,471		810,541

TOTAL ASSETS LESS CURRENT LIABILITIES			1,021,458		979,948

NET ASSETS			1,021,458		979,948

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			1,021,456		979,946

SHAREHOLDERS' FUNDS			1,021,458		979,948

Page 1

Page 2

Whittaker Coachbuilders International Limited

Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

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

On behalf of the board

Mrs J Whittaker

Director

11 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Whittaker Coachbuilders International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05416442 . The registered office is Park View Farm, Elkesley, Retford, DN22 8BZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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

20% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2024: 24)

Page 3

Page 4

Whittaker Coachbuilders International Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	25,000

As at 31 December 2025	25,000

Amortisation
As at 1 January 2025	25,000

As at 31 December 2025	25,000

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2025	356,887
Additions	5,577

As at 31 December 2025	362,464

Depreciation
As at 1 January 2025	187,480
Provided during the period	34,997

As at 31 December 2025	222,477

Net Book Value
As at 31 December 2025	139,987

As at 1 January 2025	169,407

6. Stocks

	2025	2024
	£	£
Stock	537,715	248,352

Page 4

Page 5

Whittaker Coachbuilders International Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	45,263
Prepayments and accrued income	19,677	16,144
Other debtors	15,829	370
VAT	-	30,848

	35,506	92,625

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	145,170	127,419
Bank loans and overdrafts	-	9,561
Corporation tax	35,188	53,199
Other taxes and social security	14,828	13,020
VAT	98,246	-
Other creditors	4,090	6,056
Accruals and deferred income	500,930	329,926
Directors' loan accounts	34,141	22,493

	832,593	561,674

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

At the balance sheet date, the company owed the Director Mrs. J Whittaker £34,141 (2024: £22,493). The amount is unsecured, interest-free, with no fixed repayment date.

Page 5