GERMAN ENGINEERING CAR SPECIALISTS LTD


Director	RAHIMI, Ajmal


Registered Address	Unit 9 Boundary Road
	Sturmer
	Haverhill
	CB9 7YH


Registered Number	10771039 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		61,000		20,565
			61,000		20,565
Current assets
Stocks	4	200,991		177,098
Debtors	5	44,942		26,419
Cash at bank and on hand		31,288		100
		277,221		203,617
Creditors amounts falling due within one year	6	(399,861)		(307,442)
Net current assets (liabilities)			(122,640)		(103,825)
Total assets less current liabilities			(61,640)		(83,260)
Net assets			(61,640)		(83,260)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(61,740)		(83,360)
Shareholders' funds			(61,640)		(83,260)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 May 2026, and are signed on its behalf by:

RAHIMI, Ajmal
Director
Registered Company No. 10771039

GERMAN ENGINEERING CAR SPECIALISTS LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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.

	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: Plant & Machinery Over 5 Years


		Straight line (years)
	Plant and machinery	5
	Office Equipment	4

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		9

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 June 24	43,132	-	43,132
Additions	55,989	1,048	57,037
At 31 May 25	99,121	1,048	100,169
Depreciation and impairment
At 01 June 24	22,567	-	22,567
Charge for year	16,340	262	16,602
At 31 May 25	38,907	262	39,169
Net book value
At 31 May 25	60,214	786	61,000
At 31 May 24	20,565	-	20,565

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	200,991	177,098
Total	200,991	177,098

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	13,914	-
Other debtors	27,493	22,440
Prepayments and accrued income	3,535	3,979
Total	44,942	26,419

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	116,058	18,129
Bank borrowings and overdrafts	11,871	12,430
Taxation and social security	5,494	7,224
Other creditors	261,938	261,659
Accrued liabilities and deferred income	4,500	8,000
Total	399,861	307,442