REGISTERED NUMBER: 07171260 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Cabriolet Coupe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms V Ripley

Mrs N J Sacre

A K Sacre

REGISTERED OFFICE:

18-20 High Street

Stevenage

Hertfordshire

SG1 3EJ

REGISTERED NUMBER:

07171260 (England and Wales)

ACCOUNTANTS:

Bracey's Accountants (Stevenage) Limited

18-20 High Street

Stevenage

United Kingdom

Hertfordshire

SG1 3EJ

FIXED ASSETS

Intangible assets

4

1,082

-

Tangible assets

5

2,507

2,229

3,589

2,229

CURRENT ASSETS

Stocks

6

259,816

251,378

Debtors

7

71,487

48,451

Cash at bank

8,553

10,089

339,856

309,918

CREDITORS

Amounts falling due within one year

8

256,888

216,501

NET CURRENT ASSETS

82,968

93,417

TOTAL ASSETS LESS CURRENT LIABILITIES

86,557

95,646

CREDITORS

Amounts falling due after more than one year

9

-

(1,996

)

PROVISIONS FOR LIABILITIES

(422

)

(422

)

NET ASSETS

86,135

93,228

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

86,035

93,128

SHAREHOLDERS' FUNDS

86,135

93,228

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

A K Sacre - Director

1.	STATUTORY INFORMATION

Cabriolet Coupe 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.

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.

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.

Website costs is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

1,200

At 31 March 2026

1,200

AMORTISATION

Charge for year

118

At 31 March 2026

118

NET BOOK VALUE

At 31 March 2026

1,082

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

2,008

3,800

5,808

Additions

-

999

999

At 31 March 2026

2,008

4,799

6,807

DEPRECIATION

At 1 April 2025

1,878

1,701

3,579

Charge for year

33

688

721

At 31 March 2026

1,911

2,389

4,300

NET BOOK VALUE

At 31 March 2026

97

2,410

2,507

At 31 March 2025

130

2,099

2,229

6.

STOCKS

2026

2025

£

£

Stocks

259,816

251,378

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

66,870

41,900

Other debtors

-

2,000

Directors' current accounts

66

-

Prepayments

4,551

4,551

71,487

48,451

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 10)

3,092

9,671

Trade creditors

1,357

4,021

Tax

-

838

Social security and other taxes

201

88

VAT

8,092

25,419

Other creditors

-

1,158

Creditcard

-

3,329

Directors' current accounts

186,466

127,084

Deferred income

55,725

42,083

Accrued expenses

1,955

2,810

256,888

216,501

Included in creditors due under one year is £1,670 relating to a loan acquired under the Bounce Back Loan Scheme (BBLS) which is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy and Industrial Strategy.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 10)

-

1,996

10.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,425

-

Bank loans

1,667

9,671

3,092

9,671

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,996

11.	RELATED PARTY TRANSACTIONS

At the balance sheet date the company owed £186,467 (2025: £127,084) to Mr A Sacre, the director. This loan is repayable on demand and interest is charged at a market rate.

At the balance sheet date the company was owed £66 (2025: owed £33) to Ms V Ripley, the director. This loan is repayable on demand and interest is charged at a market rate.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Sacre, the director, by virtue of his majority shareholding.