REGISTERED NUMBER: 08310254 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

PETERBOROUGH CARS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Naved

S S Sohi

REGISTERED OFFICE:

Serpentine Green Shopping Centre

The Serpentine

Hampton

Peterborough

Cambridgeshire

PE7 8BE

REGISTERED NUMBER:

08310254 (England and Wales)

ACCOUNTANTS:

Vertiqo Peterborough Limited

18 Tesla Court

Innovation Way

Lynchwood

Peterborough

Cambridgeshire

PE2 6FL

FIXED ASSETS

Intangible assets

4

9,600

10,400

Tangible assets

5

591,385

597,152

600,985

607,552

CURRENT ASSETS

Debtors

6

223,299

346,297

Cash at bank and in hand

122,636

31,689

345,935

377,986

CREDITORS

Amounts falling due within one year

7

583,990

578,151

NET CURRENT LIABILITIES

(238,055

)

(200,165

)

TOTAL ASSETS LESS CURRENT LIABILITIES

362,930

407,387

CREDITORS

Amounts falling due after more than one year

8

221,915

262,160

NET ASSETS

141,015

145,227

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

141,012

145,224

SHAREHOLDERS' FUNDS

141,015

145,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

S S Sohi - Director

1.	STATUTORY INFORMATION

Peterborough Cars Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Changes in accounting policies

Depreciation policy on motor vehicles was previously charged at 25% reducing balance has now been changed from 1 Dec 2021 to 15% reducing balance. The basis of the change is to reflect the life term of the assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

20,000

AMORTISATION

At 1 December 2024

9,600

Charge for year

800

At 30 November 2025

10,400

NET BOOK VALUE

At 30 November 2025

9,600

At 30 November 2024

10,400

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

853,353

Additions

113,426

Disposals

(85,977

)

At 30 November 2025

880,802

DEPRECIATION

At 1 December 2024

256,201

Charge for year

89,721

Eliminated on disposal

(56,505

)

At 30 November 2025

289,417

NET BOOK VALUE

At 30 November 2025

591,385

At 30 November 2024

597,152

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

589,326

Additions

95,499

Disposals

(24,999

)

Transfer to ownership

1

At 30 November 2025

659,827

DEPRECIATION

At 1 December 2024

99,804

Charge for year

75,591

Eliminated on disposal

(4,281

)

Transfer to ownership

(9,738

)

At 30 November 2025

161,376

NET BOOK VALUE

At 30 November 2025

498,451

At 30 November 2024

489,522

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

113,708

252,851

Other debtors

109,591

93,446

223,299

346,297

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,728

20,869

Hire purchase contracts

151,671

171,552

Trade creditors

39,982

34,530

Taxation and social security

161,450

138,114

Other creditors

221,159

213,086

583,990

578,151

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,240

9,222

Hire purchase contracts

219,386

252,938

Other creditors

1,289

-

221,915

262,160

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs N Kaur.