Dolphin Autos (Norwich) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01111406

Dolphin Autos (Norwich) Limited

Unaudited financial statements

31 October 2025

Dolphin Autos (Norwich) Limited

Statement of financial position

31 October 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	291,759	320,962
Investments	6	105,000	105,000
		---------	---------
		396,759	425,962

Current assets

Stocks		14,200	14,200
Debtors	7	265,155	535,204
Cash at bank and in hand		370,046	268,368
		---------	---------
		649,401	817,772

Prepayments and accrued income	121,813		102,593

Creditors: Amounts falling due within one year	8	( 165,735)		( 149,128)
		---------		---------
Net current assets			605,479		771,237
			-----------		-----------
Total assets less current liabilities			1,002,238		1,197,199

Creditors: Amounts falling due after more than one year	9		( 17,000)		–

Provisions

Taxation including deferred tax		83,008		79,270

Accruals and deferred income	( 13,084)	( 9,517)
	-----------	-----------
Net assets	1,055,162	1,266,952
	-----------	-----------

Capital and reserves

Called up share capital	100	100
Revaluation reserve	24,177	24,177
Profit and loss account	1,030,885	1,242,675
	-----------	-----------
Shareholders funds	1,055,162	1,266,952
	-----------	-----------

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 comprehensive income has not been delivered.

Dolphin Autos (Norwich) Limited

Statement of financial position (continued)

31 October 2025

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.

Directors' 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 directors acknowledge their 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 22 July 2026 , and are signed on behalf of the board by:

Mr M. Cooke

Director

Company registration number: 01111406

Dolphin Autos (Norwich) 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 2 Woodland Drive, Thorpe End, Norwich, Norfolk, NR13 5BH.

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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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 property	-	over the period of the lease
Plant and machinery	-	20% reducing balance
Office equipment	-	10% and 33% straight line
Motor vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of employees during the year was 40 (2024: 45 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 November 2024	155,216	208,037	92,877	1,175,907	1,632,037
Additions	–	–	1,114	65,000	66,114
Disposals	–	–	–	( 39,384)	( 39,384)
	---------	---------	-------	-----------	-----------
At 31 October 2025	155,216	208,037	93,991	1,201,523	1,658,767
	---------	---------	-------	-----------	-----------
Depreciation
At 1 November 2024	96,362	182,141	87,452	945,120	1,311,075
Charge for the year	5,913	5,179	2,090	67,987	81,169
Disposals	–	–	–	( 25,236)	( 25,236)
	---------	---------	-------	-----------	-----------
At 31 October 2025	102,275	187,320	89,542	987,871	1,367,008
	---------	---------	-------	-----------	-----------
Carrying amount
At 31 October 2025	52,941	20,717	4,449	213,652	291,759
	---------	---------	-------	-----------	-----------
At 31 October 2024	58,854	25,896	5,425	230,787	320,962
	---------	---------	-------	-----------	-----------

6. Investments

	Investment property
	£
Cost
At 1 November 2024 and 31 October 2025	105,000
	---------
Impairment
At 1 November 2024 and 31 October 2025	–
	---------

Carrying amount
At 31 October 2025	105,000
	---------
At 31 October 2024	105,000
	---------

As at 31 October 2025 the investment property was valued at market value of £105,000 by the directors of the company.

7. Debtors

	2025	2024
	£	£
Trade debtors	192,056	301,940
Other debtors	73,099	233,264
	---------	---------
	265,155	535,204
	---------	---------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,525	19,208
Social security and other taxes	20,791	25,644
Other creditors	143,419	104,276
	---------	---------
	165,735	149,128
	---------	---------

Included within other creditors are obligations under finance leases and hire purchase contracts,which are secured against the asset to which they relate. The total obligation as at the balance sheet is £12,000 (2024: £Nil).

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	17,000	–
	-------	----

Included within other creditors are obligations under finance leases and hire purchase contracts,which are secured against the asset to which they relate. The total obligation as at the balance sheet date is £17,000 (2024: £Nil).