REGISTERED NUMBER: 07078910 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Britannia Car Finance Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

20,054

10,260

CURRENT ASSETS

Debtors

5

154,398

87,430

Cash at bank

84,308

94,403

238,706

181,833

CREDITORS

Amounts falling due within one year

6

(222,583

)

(177,745

)

NET CURRENT ASSETS

16,123

4,088

TOTAL ASSETS LESS CURRENT LIABILITIES

36,177

14,348

CREDITORS

Amounts falling due after more than one year

7

-

(5,271

)

PROVISIONS FOR LIABILITIES

(4,351

)

-

NET ASSETS

31,826

9,077

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

31,726

8,977

SHAREHOLDERS' FUNDS

31,826

9,077

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

Mr I Whalen - Director

1.	STATUTORY INFORMATION

Britannia Car Finance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07078910

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

20% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 14 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

improvements

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

-

3,445

12,636

15,607

31,688

Additions

3,313

-

9,385

1,788

14,486

At 31 December 2025

3,313

3,445

22,021

17,395

46,174

DEPRECIATION

At 1 January 2025

-

947

5,663

14,818

21,428

Charge for year

663

517

2,453

1,059

4,692

At 31 December 2025

663

1,464

8,116

15,877

26,120

NET BOOK VALUE

At 31 December 2025

2,650

1,981

13,905

1,518

20,054

At 31 December 2024

-

2,498

6,973

789

10,260

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

122,451

85,058

Other debtors

31,947

2,372

154,398

87,430

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,811

10,472

Taxation and social security

192,901

145,830

Other creditors

23,871

21,443

222,583

177,745

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

5,271

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

29,940

8,799

Between one and five years

29,615

7,247

59,555

16,046

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr B Chatterton

Balance outstanding at start of year

-

2,546

Amounts repaid

-

(2,546

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mr C Cooke

Balance outstanding at start of year

-

2,916

Amounts advanced

12,864

-

Amounts repaid

-

(2,916

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,864

-

Mr I Whalen

Balance outstanding at start of year

-

2,474

Amounts advanced

12,788

-

Amounts repaid

-

(2,474

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,788

-

Loans in excess of £10,000 incur interest at 2.5%/3.75% per annum.