CIRENCESTER VW SPECIALISTS LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10697641

CIRENCESTER VW SPECIALISTS LTD

Filleted Unaudited Financial Statements

31 March 2026

CIRENCESTER VW SPECIALISTS LTD

Financial Statements

Year ended 31 March 2026

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

CIRENCESTER VW SPECIALISTS LTD

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of CIRENCESTER VW SPECIALISTS LTD

Year ended 31 March 2026

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2026, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HARPER SHELDON LIMITED Chartered Accountants

Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ

1 June 2026

CIRENCESTER VW SPECIALISTS LTD

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	10,977	13,088

Current assets

Stocks		1,000	1,000
Debtors	6	4,079	4,012
Cash at bank and in hand		221,545	186,291
		---------	---------
		226,624	191,303

Creditors: amounts falling due within one year	7	( 33,463)	( 32,078)
		---------	---------
Net current assets		193,161	159,225
		---------	---------
Total assets less current liabilities		204,138	172,313

Provisions

Taxation including deferred tax	( 2,744)	( 3,272)
	---------	---------
Net assets	201,394	169,041
	---------	---------

CIRENCESTER VW SPECIALISTS LTD

Statement of Financial Position (continued)

31 March 2026

	2026	2025
Note	£	£

Capital and reserves

Called up share capital	1	1
Profit and loss account	201,393	169,040
	---------	---------
Shareholder funds	201,394	169,041
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 June 2026 , and are signed on behalf of the board by:

M.J. Saunders
Director

Company registration number: 10697641

CIRENCESTER VW SPECIALISTS LTD

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Midway House, Staverton Technology Park, Herrick Way, Staverton, Cheltenham, Glos, GL51 6TQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings and equipment	-	15% reducing balance

Stocks

Stocks are measured at cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Fixtures, fittings and equipment
	£
Cost
At 1 April 2025	26,895
Disposals	( 516)
	--------
At 31 March 2026	26,379
	--------
Depreciation
At 1 April 2025	13,807
Charge for the year	1,962
Disposals	( 367)
	--------
At 31 March 2026	15,402
	--------
Carrying amount
At 31 March 2026	10,977
	--------
At 31 March 2025	13,088
	--------

6. Debtors

	2026	2025
	£	£
Other debtors	4,079	4,012
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	9,522	8,381
Corporation tax	17,950	18,037
Social security and other taxes	5,085	5,010
Other creditors	906	650
	--------	--------
	33,463	32,078
	--------	--------

Other creditors include the director's loan account of £715 (2025 - £516). The director has not charged interest on his loan to the company.

8. Guarantees, contingencies and other financial commitments

The company had financial commitments at the year end of £20,400 (2025 - £30,600).