Hurleyhouse (Cars) Limited

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

Registered number: 03132299

		31 March 2026		30 November 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,687		2,473

			1,687		2,473
CURRENT ASSETS
Stocks	5	131,893		115,783
Debtors	6	120,913		118,863
Cash at bank and in hand		87,405		97,078

		340,211		331,724
Creditors: Amounts Falling Due Within One Year	7	(90,956 )		(72,675 )

NET CURRENT ASSETS (LIABILITIES)			249,255		259,049

TOTAL ASSETS LESS CURRENT LIABILITIES			250,942		261,522

Creditors: Amounts Falling Due After More Than One Year	8		(1,374 )		(14,844 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(422 )		(618 )

NET ASSETS			249,146		246,060

CAPITAL AND RESERVES
Called up share capital	10		15,000		15,000
Share premium account			9,000		9,000
Profit and Loss Account			225,146		222,060

SHAREHOLDERS' FUNDS			249,146		246,060

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Hurleyhouse (Cars) Limited

Balance Sheet (continued)

As At 31 March 2026

For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 W Morgan Director	Mr T Pell Director
01/07/2026

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

1. General Information

Hurleyhouse (Cars) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03132299 . The registered office is 7 - 9 Speedwell Road, Bristol, BS5 7SA.

The presentation currency of the financial statements is the Pound Sterling (£).

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.4. 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

25% on reducing balance

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Short term debtors are measured at transaction price less any impairment.

Short term creditors are measured at transaction price.

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield basis.

2.7. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Hurleyhouse (Cars) Limited

Notes to the Financial Statements (continued)

For the Period 1 December 2024 to 31 March 2026

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3 (2024: 6)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 December 2024	111,184

As at 31 March 2026	111,184

Depreciation
As at 1 December 2024	108,711
Provided during the period	786

As at 31 March 2026	109,497

Net Book Value
As at 31 March 2026	1,687

As at 1 December 2024	2,473

5. Stocks

	31 March 2026	30 November 2024
	£	£
Stock	131,893	115,783

6. Debtors

	31 March 2026	30 November 2024
	£	£
Due within one year
Trade debtors	-	1,943
Prepayments and accrued income	8,816	4,545
Other debtors	112,097	112,375

	120,913	118,863

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Hurleyhouse (Cars) Limited

Notes to the Financial Statements (continued)

For the Period 1 December 2024 to 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026	30 November 2024
	£	£
Trade creditors	16,163	13,369
Bank loans and overdrafts	10,000	10,108
Corporation tax	31,215	17,952
Other taxes and social security	2,291	2,111
VAT	16,418	11,532
Accruals and deferred income	14,574	8,878
Payments on account	295	8,725

	90,956	72,675

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

	31 March 2026	30 November 2024
	£	£
Bank loans	1,374	14,844

10. Share Capital

	31 March 2026	30 November 2024
	£	£
Allotted, Called up and fully paid	15,000	15,000

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