REGISTERED NUMBER: 05893425 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Cambridge Motorsport Parts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J G Savage

SECRETARY:

Ms R Wilkins

REGISTERED OFFICE:

Unit 5, Lacre Way

Letchworth Garden City

Hertfordshire

SG6 1NR

REGISTERED NUMBER:

05893425 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

11,021

13,775

CURRENT ASSETS

Stocks

75,114

93,476

Debtors

5

12,187

14,080

Cash at bank

5,350

9,758

92,651

117,314

CREDITORS

Amounts falling due within one year

6

32,717

50,236

NET CURRENT ASSETS

59,934

67,078

TOTAL ASSETS LESS CURRENT LIABILITIES

70,955

80,853

CREDITORS

Amounts falling due after more than one year

7

(24,779

)

(23,880

)

PROVISIONS FOR LIABILITIES

8

(2,094

)

(2,617

)

NET ASSETS

44,082

54,356

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

43,982

54,256

SHAREHOLDERS' FUNDS

44,082

54,356

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

J G Savage - Director

1.	STATUTORY INFORMATION

Cambridge Motorsport Parts 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% 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 Income Statement, 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.

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 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

1,231

14,377

77,369

92,977

DEPRECIATION

At 1 September 2024

943

13,344

64,915

79,202

Charge for year

57

206

2,491

2,754

At 31 August 2025

1,000

13,550

67,406

81,956

NET BOOK VALUE

At 31 August 2025

231

827

9,963

11,021

At 31 August 2024

288

1,033

12,454

13,775

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

7,323

8,879

Other debtors

4,864

5,201

12,187

14,080

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

27,034

37,859

Taxation and social security

4,078

1,783

Other creditors

1,605

10,594

32,717

50,236

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

24,779

23,880

8.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

2,094

2,617

Deferred

tax

£

Balance at 1 September 2024

2,617

Accelerated Capital Allowances

(523

)

Balance at 31 August 2025

2,094

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 September 2024

54,256

Profit for the year

11,726

Dividends

(22,000

)

At 31 August 2025

43,982

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

J G Savage

Balance outstanding at start of year

-

10,081

Amounts repaid

-

(10,081

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	ULTIMATE CONTROLLING PARTY

The Company is controlled by the director and sole shareholder.