Continental Car Hire Ltd - Filleted accounts

Registered number

05204255

Registered In England & Wales

Continental Car Hire Ltd

Filleted Accounts

31 October 2025

Continental Car Hire Ltd

Report to the directors on the preparation of the unaudited statutory accounts of Continental Car Hire Ltd for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Continental Car Hire Ltd for the year ended 31 October 2025 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

S.Asghar & Co
Chartered Certified Accountants
85 Station Road
North Harrow
LONDON
HA2 7SW

18 July 2026

Continental Car Hire Ltd
Registered number:		05204255
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,524,067			971,110

Current assets
Stocks		486,000			451,000
Debtors	4	62,078			21,901
Cash at bank and in hand		25,886			24,989
		573,964			497,890

Creditors: amounts falling due within one year	5	(1,472,163)			(935,460)

Net current liabilities			(898,199)			(437,570)

Total assets less current liabilities			625,868			533,540

Creditors: amounts falling due after more than one year	6		(152,585)			(54,773)



Net assets			473,283			478,767

Capital and reserves
Called up share capital			100			100
Profit and loss account			473,183			478,667

Shareholders' funds			473,283			478,767

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 Mohammed Ashraf Noor
Director
Approved by the board on 18 July 2026

Continental Car Hire Ltd
Notes to the Accounts
for the year ended 31 October 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 all credit hire servies provided to customers.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicle	20% Reducing Balance Basis
	Plant and machinery	20% Reducing Balance Basis

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		9


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	67,762		3,917,222		3,984,984
	Additions	-		755,491		755,491
	At 31 October 2025	67,762		4,672,713		4,740,475

	Depreciation
	At 1 November 2024	60,884		2,952,990		3,013,874
	Charge for the year	1,238		201,296		202,534
	At 31 October 2025	62,122		3,154,286		3,216,408

	Net book value
	At 31 October 2025	5,640		1,518,427		1,524,067
	At 31 October 2024	6,878		964,232		971,110


4	Debtors			2025		2024
£					£

	Other debtors			62,078		21,901


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

	Bank loans and overdrafts			93,529		-
	Obligations under finance lease and hire purchase contracts			735,871		526,270
	Trade creditors			11,329		60,574
	Associated Companies			620,381		229,346
	Taxation and social security costs			5,080		194
	Other creditors			5,973		119,076
				1,472,163		935,460


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

	Bank loans			9,309		19,174
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			143,276		35,599
				152,585		54,773


7	Other information

	Continental Car Hire Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	142 Bentworth Road
	London
	W12 7AH