REGISTERED NUMBER: 04071293 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

HOPKINS MOTORSPORT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P. N. Hopkins

Mr R. Hopkins

Mr O. C. Hopkins

SECRETARY:

Mrs S. M. Hopkins

REGISTERED OFFICE:

128 Stoke Lane

Westbury On Trym

Bristol

BS9 3RJ

REGISTERED NUMBER:

04071293 (England and Wales)

ACCOUNTANTS:

LARKOS & PARTNERS

128 STOKE LANE

WESTBURY ON TRYM

BRISTOL

BS9 3RJ

FIXED ASSETS

Tangible assets

4

1,641,771

1,589,134

CURRENT ASSETS

Stocks

2,953,260

1,887,150

Debtors

5

282,399

464,640

Cash at bank and in hand

2,572,981

2,586,937

5,808,640

4,938,727

CREDITORS

Amounts falling due within one year

6

708,319

484,845

NET CURRENT ASSETS

5,100,321

4,453,882

TOTAL ASSETS LESS CURRENT LIABILITIES

6,742,092

6,043,016

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

6,741,092

6,042,016

SHAREHOLDERS' FUNDS

6,742,092

6,043,016

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 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 Director the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Mr P. N. Hopkins - Director

Mr R. Hopkins - Director

1.	STATUTORY INFORMATION

Hopkins Motorsport Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and Machinery - 15% on reducing balance.

Fixtures, Fittings and Equipment - 15% on reducing balance.

Motor Vehicles - 25% 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.

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 20 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

2,678,221

122,765

140,736

2,941,722

Additions

301,351

-

-

301,351

At 30 September 2025

2,979,572

122,765

140,736

3,243,073

DEPRECIATION

At 1 October 2024

1,167,718

96,944

87,926

1,352,588

Charge for year

231,639

3,873

13,202

248,714

At 30 September 2025

1,399,357

100,817

101,128

1,601,302

NET BOOK VALUE

At 30 September 2025

1,580,215

21,948

39,608

1,641,771

At 30 September 2024

1,510,503

25,821

52,810

1,589,134

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

200,559

372,525

Other debtors

42,000

42,022

Staff Loans

8,458

6,158

VAT

-

8,183

Prepayments

31,382

35,752

282,399

464,640

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade creditors

288,063

193,801

Corporation Tax

212,391

107,377

Social security and other taxes

13,885

9,196

VAT

75,925

-

Other creditors

2,109

1,678

Directors' current accounts

106,228

163,233

Accrued expenses

9,718

9,560

708,319

484,845

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/25

30/9/24

value:

£

£

2

Ordinary

£1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 October 2024

6,042,016

Profit for the year

739,076

Dividends

(40,000

)

At 30 September 2025

6,741,092