REGISTERED NUMBER: 11659971 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

RETRO AUTOMOTIVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Certified Accountants' Report

9

DIRECTORS:

T Longfield

B N Davies

SECRETARY:

REGISTERED OFFICE:

Units 27 & 28 Ash Way

Street 6 South

Thorp Arch Estate

LS23 7FD

REGISTERED NUMBER:

11659971 (England and Wales)

ACCOUNTANTS:

Buchanan & Associates Limited

Mayden House

Main Road

Long Bennington

Nottinghamshire

NG23 5DJ

FIXED ASSETS

Tangible assets

4

144,375

78,754

CURRENT ASSETS

Stocks

189,950

94,400

Debtors

5

408,447

318,089

Cash at bank and in hand

76,591

19,849

674,988

432,338

CREDITORS

Amounts falling due within one year

6

562,764

296,081

NET CURRENT ASSETS

112,224

136,257

TOTAL ASSETS LESS CURRENT LIABILITIES

256,599

215,011

CREDITORS

Amounts falling due after more than one year

7

(137,456

)

(82,034

)

PROVISIONS FOR LIABILITIES

(22,753

)

(18,178

)

NET ASSETS

96,390

114,799

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

96,090

114,499

96,390

114,799

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 May 2026 and were signed on its behalf by:

B N Davies - Director

1.	STATUTORY INFORMATION

Retro Automotive 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

20% on cost

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

10,354

111,398

121,752

Additions

1,064

112,337

113,401

Disposals

(2,800

)

(10,107

)

(12,907

)

At 30 November 2025

8,618

213,628

222,246

DEPRECIATION

At 1 December 2024

4,311

38,687

42,998

Charge for year

1,723

41,366

43,089

Eliminated on disposal

(2,800

)

(5,416

)

(8,216

)

At 30 November 2025

3,234

74,637

77,871

NET BOOK VALUE

At 30 November 2025

5,384

138,991

144,375

At 30 November 2024

6,043

72,711

78,754

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

79,638

At 30 November 2025

79,638

DEPRECIATION

Charge for year

18,703

At 30 November 2025

18,703

NET BOOK VALUE

At 30 November 2025

60,935

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

138,526

99,801

Amounts owed by group undertakings

300

300

Other debtors

269,621

217,988

408,447

318,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

1,808

3,600

Hire purchase contracts (see note 8)

14,870

3,240

Trade creditors

76,941

85,873

Taxation and social security

26,668

40,351

Other creditors

442,477

163,017

562,764

296,081

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

1,800

Hire purchase contracts (see note 8)

71,622

14,400

Other creditors

65,834

65,834

137,456

82,034

30.11.25

30.11.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

25,834

25,834

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.25

30.11.24

£

£

Net obligations repayable:

Within one year

14,870

3,240

Between one and five years

71,622

14,400

86,492

17,640

Non-cancellable

operating leases

30.11.25

30.11.24

£

£

Within one year

95,748

115,294

Between one and five years

203,244

312,341

298,992

427,635

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

T Longfield

Balance outstanding at start of year

40,347

29,788

Amounts advanced

86,023

64,409

Amounts repaid

(58,837

)

(53,850

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

67,533

40,347

B N Davies

Balance outstanding at start of year

34,774

36,627

Amounts advanced

60,804

47,717

Amounts repaid

(54,506

)

(49,570

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

41,072

34,774

10.	ULTIMATE CONTROLLING PARTY

There is no controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Retro Automotive Limited for the year ended 30 November 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Retro Automotive Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Retro Automotive Limited and state those matters that we have agreed to state to the Board of Directors of Retro Automotive Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Retro Automotive Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Retro Automotive Limited. You consider that Retro Automotive Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Retro Automotive Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Buchanan & Associates Limited

Mayden House

Main Road

Long Bennington

Nottinghamshire

NG23 5DJ

29 May 2026