Primroselink Motors Limited

	Page
Company Information	1
Accountants' Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—8

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Accountants' Report

For The Year Ended 31 March 2026

Accountants' Report

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Primroselink Motors Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Primroselink Motors Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Primroselink Motors Limited , as a body, in accordance with the terms of our engagement letter dated 30 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of Primroselink Motors Limited and state those matters that we have agreed to state to the directors of Primroselink Motors Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Primroselink Motors Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Primroselink Motors Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Primroselink Motors Limited . You consider that Primroselink Motors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Primroselink Motors Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

26/05/2026

Bishops Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

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Primroselink Motors Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 07150240

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		27,791		28,813

			27,791		28,813
CURRENT ASSETS
Stocks	5	3,000		3,000
Debtors	6	20,237		37,090
Cash at bank and in hand		97,394		82,723

		120,631		122,813
Creditors: Amounts Falling Due Within One Year	7	(72,683 )		(85,884 )

NET CURRENT ASSETS (LIABILITIES)			47,948		36,929

TOTAL ASSETS LESS CURRENT LIABILITIES			75,739		65,742

Creditors: Amounts Falling Due After More Than One Year	8		(7,071 )		(15,835 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,783 )		(5,955 )

NET ASSETS			62,885		43,952

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			62,785		43,852

SHAREHOLDERS' FUNDS			62,885		43,952

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Primroselink Motors Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mr I Harris Director	Mrs P Harris Director
26/05/2026

The notes on pages 5 to 8 form part of these financial statements.

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Primroselink Motors Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Primroselink Motors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07150240 . The registered office is Unit 12 Deanfield Court, Link 59 Business Park, Clitheroe, Lancashire, BB7 1QS.

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. 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:

Leasehold	25% reducing balance basis
Plant & Machinery	15% reducing balance basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	15% reducing balance basis
Computer Equipment	33% straight line

2.4. 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.

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Primroselink Motors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 6)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	3,982	56,552	6,632	7,181
Additions	-	2,494	-	1,526

As at 31 March 2026	3,982	59,046	6,632	8,707

Depreciation
As at 1 April 2025	3,930	30,046	5,603	5,961
Provided during the period	17	4,350	257	412

As at 31 March 2026	3,947	34,396	5,860	6,373

...CONTINUED

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Primroselink Motors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	35	24,650	772	2,334

As at 1 April 2025	52	26,506	1,029	1,220


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	4,721	79,068
Additions	-	4,020

As at 31 March 2026	4,721	83,088

Depreciation
As at 1 April 2025	4,715	50,255
Provided during the period	6	5,042

As at 31 March 2026	4,721	55,297

Net Book Value
As at 31 March 2026	-	27,791

As at 1 April 2025	6	28,813

5. Stocks

	2026	2025
	£	£
Stock	3,000	3,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	4,083	21,513
Other debtors	16,154	15,577

	20,237	37,090

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Primroselink Motors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	31,148	42,911
Bank loans and overdrafts	5,593	5,921
Other creditors	4,885	5,108
Taxation and social security	31,057	31,944

	72,683	85,884

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	7,071	15,835

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Directors	Mr I Harris
	Mrs P Harris

Secretary	Mrs P Harris

Company Number	07150240

Registered Office	Unit 12 Deanfield Court
	Link 59 Business Park
	Clitheroe
	Lancashire
	BB7 1QS

Accountants	Bishops Chartered Accountants
	Phoenix Park
	Blakewater Road
	Blackburn
	Lancashire
	BB1 5BG