REGISTERED NUMBER: 04660520 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

POULTON VAN AND CAR SALES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M P Ansell

Mr R W Ansell

SECRETARY:

Miss P J Ansell

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

04660520 (England and Wales)

ACCOUNTANTS:

Xeinadin

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Tangible assets

4

238,710

241,439

CURRENT ASSETS

Stocks

1,054,651

1,267,997

Debtors

5

581,347

461,167

Cash at bank and in hand

917

94,131

1,636,915

1,823,295

CREDITORS

Amounts falling due within one year

6

(133,119

)

(228,919

)

NET CURRENT ASSETS

1,503,796

1,594,376

TOTAL ASSETS LESS CURRENT LIABILITIES

1,742,506

1,835,815

PROVISIONS FOR LIABILITIES

(1,731

)

(2,302

)

NET ASSETS

1,740,775

1,833,513

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

1,740,275

1,833,013

SHAREHOLDERS' FUNDS

1,740,775

1,833,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 4 June 2026 and were signed on its behalf by:

Mr M P Ansell - Director

1.	STATUTORY INFORMATION

Poulton Van and Car Sales 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 represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

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

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 March 2025

and 28 February 2026

230,000

36,428

51,506

DEPRECIATION

At 1 March 2025

-

33,365

47,759

Charge for year

-

613

748

At 28 February 2026

-

33,978

48,507

NET BOOK VALUE

At 28 February 2026

230,000

2,450

2,999

At 28 February 2025

230,000

3,063

3,747

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

and 28 February 2026

31,260

7,500

13,442

370,136

DEPRECIATION

At 1 March 2025

27,786

7,499

12,288

128,697

Charge for year

694

-

674

2,729

At 28 February 2026

28,480

7,499

12,962

131,426

NET BOOK VALUE

At 28 February 2026

2,780

1

480

238,710

At 28 February 2025

3,474

1

1,154

241,439

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

281,345

176,091

Directors' current accounts

206,383

212,412

Tax

92,328

71,689

Prepayments

1,291

975

581,347

461,167

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

56,923

-

Trade creditors

12,298

51,054

Tax

-

104,904

Social security and other taxes

7,735

9,440

VAT

45,619

50,751

Other creditors

1,158

2,438

Accruals and deferred income

9,386

10,332

133,119

228,919

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdraft

56,923

-

The bank overdraft was secured on the assets of the company.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

Mr M P Ansell and Mr R W Ansell

Balance outstanding at start of year

212,412

-

Amounts advanced

26,971

241,412

Amounts repaid

(33,000

)

(29,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

206,383

212,412

The loans to the directors were unsecured and repayable on demand. Interest is payable at the HMRC rate applicable to beneficial loan arrangements.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £33,000 (2025 - £29,000) were paid to the directors .