Registration number: 07988871

CCS Car Sales (Thatcham) Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 7

CCS Car Sales (Thatcham) Limited

(Registration number: 07988871)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,972	14,038
Current assets
Stocks	5	467,733	520,999
Debtors	6	404,250	380,615
Cash at bank and in hand		111,460	132,993
		983,443	1,034,607
Creditors: Amounts falling due within one year	7	(110,714)	(192,802)
Net current assets		872,729	841,805
Total assets less current liabilities		883,701	855,843
Provisions for liabilities		(1,352)	(2,029)
Net assets		882,349	853,814
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		881,349	852,814
Shareholders' funds		882,349	853,814

CCS Car Sales (Thatcham) Limited

(Registration number: 07988871)
Balance Sheet as at 31 October 2025

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 May 2026
 

......................................... Mr P M Legassick Director

CCS Car Sales (Thatcham) Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale and repair of motor vehicles. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

CCS Car Sales (Thatcham) Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Asset class	Depreciation method and rate
Office equipment	15% of net book value
Plant and equipment	25% of net book value
Fixtures and fittings	25% of net book value
Motor vehicles	25% of net book value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 6).

CCS Car Sales (Thatcham) Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	1,111	479	4,816	15,000	21,406
Additions	-	-	333	-	333
Disposals	-	-	(357)	-	(357)
At 31 October 2025	1,111	479	4,792	15,000	21,382
Depreciation
At 1 November 2024	644	382	1,525	4,817	7,368
Charge for the year	117	24	500	2,546	3,187
Eliminated on disposal	-	-	(145)	-	(145)
At 31 October 2025	761	406	1,880	7,363	10,410
Carrying amount
At 31 October 2025	350	73	2,912	7,637	10,972
At 31 October 2024	467	97	3,291	10,183	14,038

CCS Car Sales (Thatcham) Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

5

Stocks

	2025 £	2024 £
Stock	467,733	520,999

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		45,445	24,076
Amounts owed by group undertakings	8	358,480	356,480
Prepayments		325	59
		404,250	380,615

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	23,877	20,811
Amounts owed to group undertakings	8,902	16,422
Taxation and social security	57,860	74,801
Other creditors	20,075	80,768
	110,714	192,802