Right Autos Limited - Filleted accounts

Registered number

12988297

Right Autos Limited

Filleted Accounts

30 November 2025

Right Autos Limited
Registered number:		12988297
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,486			4,358

Current assets
Stocks		105,000			87,765
Debtors	4	192,358			-
Cash at bank and in hand		78,598			171,832
		375,956			259,597

Creditors: amounts falling due within one year	5	(122,451)			(83,165)

Net current assets			253,505			176,432

Total assets less current liabilities			256,991			180,790

Creditors: amounts falling due after more than one year	6		(51,623)			(25,466)



Net assets			205,368			155,324

Capital and reserves
Called up share capital			100			100
Profit and loss account			205,268			155,224

Shareholders' funds			205,368			155,324

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr D Flight
Director
Approved by the board on 27 March 2026

Right Autos Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	8		8


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 December 2024			8,512
	At 30 November 2025			8,512

	Depreciation
	At 1 December 2024			4,154
	Charge for the year			872
	At 30 November 2025			5,026

	Net book value
	At 30 November 2025			3,486
	At 30 November 2024			4,358


4	Debtors	2025		2024
£			£

	Other debtors	192,358		-


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	-		26,717
	Taxation and social security costs	120,951		55,098
	Other creditors	1,500		1,350
		122,451		83,165


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Warranty Provision	50,000		25,000
	Other creditors	1,623		466
		51,623		25,466


7	Other information

	Right Autos Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Blackfield Business Centre
	114-118 Hampton Lane
	Southampton
	Hampshire
	SO45 1UB