xbrl

08782382falseMechanics2024-11-012026-03-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director12024-11-012026-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2026-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2026-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-10-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2026-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2026-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-11-012026-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2026-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-11-012026-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-11-012026-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2026-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/2024-11-012026-03-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FRS1022024-11-012026-03-31http://www.companieshouse.gov.uk/2026-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-11-012026-03-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-11-012026-03-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 08782382






Classic Racing Cars (Engineering) Ltd


ACCOUNTS

FOR THE 516 DAY PERIOD ENDED 31/03/2026


(Ceased trading 31/03/2026)























Prepared By:
PJK Accounting Ltd
26
Ferry Farm Drive
STAFFORD
STAFFORDSHIRE
ST17 4JE


ACCOUNTS
FOR THE 516 DAY PERIOD ENDED 31/03/2026





DIRECTORS
G Spencer


REGISTERED OFFICE
Unit 3 - 4 Airfield Industrial Estate
Newport Road
SEIGHFORD
STAFFORDSHIRE
ST18 9NR


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08782382



ACCOUNTANTS
PJK Accounting Ltd
26
Ferry Farm Drive
STAFFORD
STAFFORDSHIRE
ST17 4JE


ACCOUNTS
FOR THE516 DAY PERIODENDED31/03/2026



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2026

			2026		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		-		39,970

CURRENT ASSETS
Stock		-		155,833
Debtors	4	-		110,933
Cash at bank and in hand		440,478		348,080
		440,478		614,846
CREDITORS: Amounts falling due within one year	5	32,311		88,520
NET CURRENT ASSETS			408,167		526,326
TOTAL ASSETS LESS CURRENT LIABILITIES			408,167		566,296


PROVISIONS FOR LIABILITIES AND CHARGES	7		-		4,608

NET ASSETS			408,167		561,688

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			408,067		561,588
SHAREHOLDERS' FUNDS			408,167		561,688

For the year ending 31/03/2026 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 22/07/2026 and signed on their behalf by



.............................
G Spencer
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




1f. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis overthe period of the lese.




2. TANGIBLE FIXED ASSETS

	Plant and	Commercial	Fixtures
	Machinery	Vehicles	and Fittings	Equipment	Total
	£	£	£	£	£
Cost
At 01/11/2024	13,967	107,280	7,917	17,519	146,683
Disposals	(13,967)	(107,280)	(7,917)	(17,519)	(146,683)
At 31/03/2026	-	-	-	-	-
Depreciation
At 01/11/2024	12,773	75,296	6,234	12,411	106,714
Disposals	(12,773)	(75,296)	(6,234)	(12,411)	(106,714)
At 31/03/2026	-	-	-	-	-
Net Book Amounts
At 31/03/2026	-	-	-	-	-
At 31/10/2024	1,194	31,984	1,683	5,108	39,969




3. STOCK	2026	2024
	£	£
Stock comprises:

Stock	-	77,459
Work in progress	-	78,374
	-	155,833




4. DEBTORS	2026	2024
	£	£
Amounts falling due within one year
Trade debtors	-	101,260
Other debtors	-	4,498
Prepayments	-	5,172
	-	110,930




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2026	2024
	£	£
UK corporation tax	-	2,778
VAT	-	26,982
PAYE control	-	195
Directors current account G Spencer	31,862	31,579
Business Charge Card	-	4,473
Trade creditors	-	22,356
Accruals	449	157
	32,311	88,520




7. PROVISIONS FOR LIABILITIES	2026	2024
	£	£
Pensions	-	1,310
Deferred taxation	-	3,298
	-	4,608




6. EMPLOYEES

	2026	2024
	No.	No.
Average number of employees	4	4




8. SHARE CAPITAL	2026	2024
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100