M66 Car and Commercials Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13247594

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		120,104		95,014

			120,104		95,014
CURRENT ASSETS
Debtors	5	53,254		48,916
Cash at bank and in hand		99,277		25,724

		152,531		74,640
Creditors: Amounts Falling Due Within One Year	6	(188,994 )		(69,035 )

NET CURRENT ASSETS (LIABILITIES)			(36,463 )		5,605

TOTAL ASSETS LESS CURRENT LIABILITIES			83,641		100,619

Creditors: Amounts Falling Due After More Than One Year	7		(58,400 )		(36,224 )

NET ASSETS			25,241		64,395

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			25,239		64,393

SHAREHOLDERS' FUNDS			25,241		64,395

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M66 Car and Commercials Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Tim Laycock

Director

12/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

M66 Car and Commercials Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13247594 . The registered office is 16 All Saints Place, Bury, BL8 1ND.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	20% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

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M66 Car and Commercials Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	85,293	64,350	1,980	151,623
Additions	48,803	-	182	48,985

As at 31 March 2026	134,096	64,350	2,162	200,608

Depreciation
As at 1 April 2025	43,598	12,176	835	56,609
Provided during the period	10,586	13,044	265	23,895

As at 31 March 2026	54,184	25,220	1,100	80,504

Net Book Value
As at 31 March 2026	79,912	39,130	1,062	120,104

As at 1 April 2025	41,695	52,174	1,145	95,014

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	46,282	42,605
Other debtors	6,972	6,311

	53,254	48,916

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,082	17,387
Trade creditors	88,541	23,352
Bank loans and overdrafts	20,000	-
Other creditors	66,119	24,948
Taxation and social security	3,252	3,348

	188,994	69,035

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	18,400	36,224
Bank loans	40,000	-

	58,400	36,224

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M66 Car and Commercials Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,082	17,387
Later than one year and not later than five years	18,400	36,224

	29,482	53,611

	29,482	53,611

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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