Autocentre (Rushden) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05576510

AUTOCENTRE (RUSHDEN) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 September 2025

AUTOCENTRE (RUSHDEN) LIMITED

STATEMENT OF FINANCIAL POSITION

30 September 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6		17,907		18,023

CURRENT ASSETS

Stocks		–	647
Debtors	7	1,780	3,305
Cash at bank and in hand		24,907	39,913
		--------	--------
		26,687	43,865

CREDITORS: amounts falling due within one year	8	23,948		59,833
		--------		--------
NET CURRENT ASSETS/(LIABILITIES)			2,739		( 15,968)
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			20,646		2,055

CREDITORS: amounts falling due after more than one year	9		–		1,953

PROVISIONS	3,403	–
	--------	-------
NET ASSETS	17,243	102
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CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	17,143	2
	--------	----
SHAREHOLDERS FUNDS	17,243	102
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AUTOCENTRE (RUSHDEN) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 23 June 2026 , and are signed on behalf of the board by:

Mrs A Chapman
Director

Company registration number: 05576510

AUTOCENTRE (RUSHDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1a Rectory Road Business Centre, Rectory Road, Rushden, Northants, NN10 0AG, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	15% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	25% reducing balance
Plant and machinery	-	25% reducing balance
Equipment	-	15% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 4 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 October 2024 and 30 September 2025	12,000
	--------
Amortisation
At 1 October 2024 and 30 September 2025	12,000
	--------
Carrying amount
At 30 September 2025	–
	--------
At 30 September 2024	–
	--------

6. TANGIBLE ASSETS

	Leasehold improvements	Plant and machinery	Equipment	Total
	£	£	£	£
Cost
At 1 October 2024	6,015	67,797	11,731	85,543
Additions	–	4,100	759	4,859
Disposals	–	( 8,363)	( 5,103)	( 13,466)
	-------	--------	--------	--------
At 30 September 2025	6,015	63,534	7,387	76,936
	-------	--------	--------	--------
Depreciation
At 1 October 2024	6,015	50,586	10,919	67,520
Charge for the year	–	3,030	110	3,140
Disposals	–	( 7,114)	( 4,517)	( 11,631)
	-------	--------	--------	--------
At 30 September 2025	6,015	46,502	6,512	59,029
	-------	--------	--------	--------
Carrying amount
At 30 September 2025	–	17,032	875	17,907
	-------	--------	--------	--------
At 30 September 2024	–	17,211	812	18,023
	-------	--------	--------	--------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	1,780	120
Other debtors	–	3,185
	-------	-------
	1,780	3,305
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8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	2,046
Trade creditors	8,624	5,450
Corporation tax	8,511	7,317
Social security and other taxes	5,013	4,385
Other creditors	1,800	40,635
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	23,948	59,833
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9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	1,953
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