Motor Car Centre Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04520125 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

MOTOR CAR CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J S Shokar

REGISTERED OFFICE:

Commonwealth House

Jenton Road

Leamington Spa

Warwickshire

CV31 1XS

REGISTERED NUMBER:

04520125 (England and Wales)

BANKERS:

Barclays Bank Plc

48-50 The Parade

Leamington Spa

Warwickshire

CV32 4DD

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

1,810,767

1,812,810

1,810,767

1,812,810

CURRENT ASSETS

Stocks

619,969

639,808

Debtors

6

2,041

21,277

Prepayments and accrued income

-

2,348

Cash at bank

2,361,852

2,100,441

2,983,862

2,763,874

CREDITORS

Amounts falling due within one year

7

567,874

456,320

NET CURRENT ASSETS

2,415,988

2,307,554

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,226,755

4,120,364

PROVISIONS FOR LIABILITIES

312,360

312,198

NET ASSETS

3,914,395

3,808,166

CAPITAL AND RESERVES

Called up share capital

2

Revaluation reserve

9

930,785

Retained earnings

9

2,983,608

2,877,379

3,914,395

3,808,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 8 January 2026 and were signed by:

J S Shokar - Director

1.	STATUTORY INFORMATION

Motor Car Centre 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets

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

Plant & machinery

-

20% on reducing balance

Fixtures & 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.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

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 6 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

6,699

AMORTISATION

At 1 October 2024

and 30 September 2025

6,699

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant &

Fixtures

Computer

buildings

machinery

& fittings

equipment

Totals

£

COST OR VALUATION

At 1 October 2024

1,800,000

1,039

39,907

35,246

1,876,192

Additions

-

583

At 30 September 2025

1,800,000

1,039

39,907

35,829

1,876,775

DEPRECIATION

At 1 October 2024

-

953

32,437

29,992

63,382

Charge for year

-

17

1,602

1,007

2,626

At 30 September 2025

-

970

34,039

30,999

66,008

NET BOOK VALUE

At 30 September 2025

1,800,000

69

5,868

4,830

1,810,767

At 30 September 2024

1,800,000

86

7,470

5,254

1,812,810

Cost or valuation at 30 September 2025 is represented by:

Freehold

Plant &

Fixtures

Computer

buildings

machinery

& fittings

equipment

Totals

£

Valuation in 2017

416,047

-

416,047

Valuation in 2018

25,000

-

25,000

Valuation in 2021

475,000

-

475,000

Valuation in 2023

325,000

-

325,000

Cost

558,953

1,039

39,907

35,829

635,728

1,800,000

1,039

39,907

35,829

1,876,775

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

19,498

Other debtors

2,041

1,779

2,041

21,277

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

32,431

299,636

Taxation and social security

65,174

71,775

Other creditors

470,269

84,909

567,874

456,320

8.	SECURED DEBTS

There is a fixed and floating charge which covers all the property or undertaking of the company.

9.

RESERVES

Revaluation reserve

This reserve represents the cumulative adjustments to the carrying value of the freehold buildings.

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for the director and employees. At the balance sheet date, unpaid contributions of £518 (2024 - £357) were due to the fund.

11.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.