REGISTERED NUMBER: 07072538 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

REIGATE MOTOR COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Youthed

C W Yeoell

REGISTERED OFFICE:

2 Reigate Road

Sidlow

Reigate

Surrey

RH2 8QH

REGISTERED NUMBER:

07072538 (England and Wales)

ACCOUNTANTS:

Cheeld Wheeler & Co

Chartered Certified Accountants

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

FIXED ASSETS

Tangible assets

4

18,225

24,299

CURRENT ASSETS

Debtors

5

155,145

129,851

Cash at bank

166,422

92,186

321,567

222,037

CREDITORS

Amounts falling due within one year

6

149,622

162,837

NET CURRENT ASSETS

171,945

59,200

TOTAL ASSETS LESS CURRENT LIABILITIES

190,170

83,499

PROVISIONS FOR LIABILITIES

4,830

6,075

NET ASSETS

185,340

77,424

CAPITAL AND RESERVES

Called up share capital

150

150

Capital redemption reserve

150

150

Retained earnings

185,040

77,124

SHAREHOLDERS' FUNDS

185,340

77,424

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th May 2026 and were signed on its behalf by:

S M Youthed - Director

C W Yeoell - Director

1.	STATUTORY INFORMATION

Reigate Motor Company 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 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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st January 2025

and 31st December 2025

117,984

21,046

4,314

143,344

DEPRECIATION

At 1st January 2025

98,523

18,570

1,952

119,045

Charge for year

4,865

619

590

6,074

At 31st December 2025

103,388

19,189

2,542

125,119

NET BOOK VALUE

At 31st December 2025

14,596

1,857

1,772

18,225

At 31st December 2024

19,461

2,476

2,362

24,299

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,172

4,633

Amounts owed by group undertakings

130,000

120,057

Prepayments

3,973

5,161

155,145

129,851

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

38,630

46,313

Tax

72,301

61,421

Social security and other taxes

7,027

5,705

VAT

26,264

17,575

Other creditors

500

25,718

Accrued expenses

4,900

6,105

149,622

162,837

7.	RELATED PARTY DISCLOSURES

The entire issued share capital is held by the holding company, S & C Holdings Limited, and company in which Messrs Youthed and Yeoell are directors and shareholders.

At the year end the company was owed £130,000 by Union Wharf Narrowboats Limited, a fellow group company.Messrs Youthed and Yeoell are directors of that company.