Celtic Scooters & Motorcycles Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 8262968

Celtic Scooters & Motorcycles Limited

Filleted Unaudited Financial Statements

31 October 2025

Celtic Scooters & Motorcycles Limited

Financial Statements

Year ended 31 October 2025

Contents	Pages

Statement of financial position	1

Notes to the financial statements	2 to 5

Celtic Scooters & Motorcycles Limited

Statement of Financial Position

31 October 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	2,345	760

Current assets

Stocks		30,000	50,919
Debtors	6	–	16
Cash at bank and in hand		9	9
		--------	--------
		30,009	50,944

Creditors: amounts falling due within one year	7	( 199,573)	( 156,913)
		---------	---------
Net current liabilities		( 169,564)	( 105,969)
		---------	---------
Total assets less current liabilities		( 167,219)	( 105,209)

Creditors: amounts falling due after more than one year	8	–	( 5,250)
		---------	---------
Net liabilities		( 167,219)	( 110,459)
		---------	---------

Capital and reserves

Called up share capital	9	50,001	50,001
Profit and loss account		( 217,220)	( 160,460)
		---------	---------
Shareholders deficit		( 167,219)	( 110,459)
		---------	---------

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 31 October 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 4 February 2026 , and are signed on behalf of the board by:

Mr A.L. Williams
Director

Company registration number: 8262968

Celtic Scooters & Motorcycles Limited

Notes to the Financial Statements

Year ended 31 October 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 Waterston Service Station Main Road, Waterston, Milford Haven, Pembrokeshire, United Kingdom, SA73 1DP.

2. Statement of compliance

These financial statements have been prepared in accordance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director has a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

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:

Plant & Machinery	-	25% on a reducing balance basis
Fixtures & Fittings	-	25% on a reducing balance basis
Motor Vehicles	-	25% on a reducing balance basis
Computer Equipment	-	25% on a reducing balance basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

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

5. Tangible assets

	Plant & Machinery	Fixtures & Fittings	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
At 1 November 2024	1,330	4,041	4,445	1,858	11,674
Additions	–	–	2,500	–	2,500
Disposals	–	–	( 4,200)	–	( 4,200)
	-------	-------	-------	-------	--------
At 31 October 2025	1,330	4,041	2,745	1,858	9,974
	-------	-------	-------	-------	--------
Depreciation
At 1 November 2024	1,155	3,798	4,304	1,657	10,914
Charge for the year	44	61	627	50	782
Disposals	–	–	( 4,067)	–	( 4,067)
	-------	-------	-------	-------	--------
At 31 October 2025	1,199	3,859	864	1,707	7,629
	-------	-------	-------	-------	--------
Carrying amount
At 31 October 2025	131	182	1,881	151	2,345
	-------	-------	-------	-------	--------
At 31 October 2024	175	243	141	201	760
	-------	-------	-------	-------	--------

6. Debtors

	2025	2024
	£	£
Other debtors	–	16
	----	----

Other debtors include an amount of £nil (2024 - £nil) falling due after more than one year.

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts (secured)	13,649	17,034
Trade creditors	16,616	19,823
Social security and other taxes	979	128
Other creditors	168,329	119,928
	---------	---------
	199,573	156,913
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts (secured)	–	5,250
	----	-------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	50,001	50,001	50,001	50,001
	--------	--------	--------	--------

10. Related party transactions

The company was under the control of Mr A.L. Williams , the managing director, throughout the current and previous year by virtue of his majority shareholding. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.