REGISTERED NUMBER: 12147250 (England and Wales)

Financial Statements for the Year Ended 31st August 2025

for

PFF Cars Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D S O'Brien

REGISTERED OFFICE:

Pendducae fach Farm

Bedlinog

Treharris

CF46 6UE

REGISTERED NUMBER:

12147250 (England and Wales)

FIXED ASSETS

Tangible assets

4

48,175

28,256

CURRENT ASSETS

Stocks

329,754

341,190

Debtors

5

3,830

22,455

Cash at bank

57,925

106,152

391,509

469,797

CREDITORS

Amounts falling due within one year

6

209,862

287,218

NET CURRENT ASSETS

181,647

182,579

TOTAL ASSETS LESS CURRENT LIABILITIES

229,822

210,835

CREDITORS

Amounts falling due after more than one year

7

-

(19,026

)

PROVISIONS FOR LIABILITIES

(4,995

)

(5,204

)

NET ASSETS

224,827

186,605

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

224,826

186,604

SHAREHOLDERS' FUNDS

224,827

186,605

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and Director's report has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th May 2026 and were signed by:

Mr D S O'Brien - Director

1.	STATUTORY INFORMATION

PFF Cars 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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 and Director's report, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2024

96,312

Additions

58,229

Disposals

(45,000

)

Transfer to ownership

(40,500

)

At 31st August 2025

69,041

DEPRECIATION

At 1st September 2024

68,056

Charge for year

14,462

Eliminated on disposal

(21,152

)

Transfer to ownership

(40,500

)

At 31st August 2025

20,866

NET BOOK VALUE

At 31st August 2025

48,175

At 31st August 2024

28,256

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st September 2024

40,500

Transfer to ownership

(40,500

)

At 31st August 2025

-

NET BOOK VALUE

At 31st August 2025

-

At 31st August 2024

40,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,830

22,455

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

32,236

64,948

Hire purchase contracts

-

5,100

Trade creditors

276

7,329

Taxation and social security

41,742

78,749

Other creditors

135,608

131,092

209,862

287,218

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

19,026