City Self Drive (Leicester) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04711313 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

CITY SELF DRIVE (LEICESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss K D Senescall

Mr A J Senescall

REGISTERED OFFICE:

Fosse Road North

Leicester

Leicestershire

LE3 5RS

REGISTERED NUMBER:

04711313 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

346,009

356,701

346,009

356,701

CURRENT ASSETS

Stocks

3,000

Debtors

6

260,800

187,474

Cash at bank and in hand

1,121

1,119

264,921

191,593

CREDITORS

Amounts falling due within one year

7

483,926

361,210

NET CURRENT LIABILITIES

(219,005

)

(169,617

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

127,004

187,084

CREDITORS

Amounts falling due after more than one
year

8

(12,319

)

(42,670

)

PROVISIONS FOR LIABILITIES

(61,415

)

(73,291

)

NET ASSETS

53,270

71,123

CAPITAL AND RESERVES

Called up share capital

11

100

Retained earnings

12

53,170

71,023

SHAREHOLDERS' FUNDS

53,270

71,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Miss K D Senescall - Director

Mr A J Senescall - Director

1.	STATUTORY INFORMATION

City Self Drive (Leicester) 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.

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.

The financial statements have been prepared on a going concern basis. Continuing to trade depends upon the support of the company's shareholders and finance providers. Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise, and to reclassify fixed assets as current.

Turnover

Turnover comprises the fair value for the sale of goods and services excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. The company hires vehicles to customers, under standard terms and conditions. In all cases revenue is recognised when the invoice for the hire period is raised.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and Loss account over its estimated economic life of ten 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.

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

50,000

AMORTISATION

At 1 February 2025

and 31 January 2026

50,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 February 2025

25,899

899,030

22,727

947,656

Additions

-

99,229

-

99,229

Disposals

-

(88,101

)

-

(88,101

)

At 31 January 2026

25,899

910,158

22,727

958,784

DEPRECIATION

At 1 February 2025

19,427

549,909

21,619

590,955

Charge for year

648

59,886

277

60,811

Eliminated on disposal

-

(38,991

)

-

(38,991

)

At 31 January 2026

20,075

570,804

21,896

612,775

NET BOOK VALUE

At 31 January 2026

5,824

339,354

831

346,009

At 31 January 2025

6,472

349,121

1,108

356,701

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

248,096

182,732

Other debtors

12,704

4,742

260,800

187,474

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts (see note 9)

96,795

75,486

Hire purchase contracts

31,388

38,812

Trade creditors

77,555

39,084

Amounts owed to associates

55,352

54,273

Taxation and social security

63,650

48,666

Other creditors

159,186

104,889

483,926

361,210

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans (see note 9)

-

3,986

Hire purchase contracts

12,319

38,684

12,319

42,670

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

Amounts falling due within one year or on demand:

Bank overdrafts

93,289

65,586

Bank loans - less than 1 yr

3,506

9,900

96,795

75,486

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

3,986

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank overdrafts

93,289

65,586

Hire purchase contracts

43,707

77,496

136,996

143,082

The amounts due under hire purchase agreements are secured on the assets subject to the agreement.

The bank overdraft is secured by a fixed and floating charge over all assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1.00

100

12.

RESERVES

Retained

earnings

£

At 1 February 2025

71,023

Deficit for the year

(16,853

)

Dividends

(1,000

)

At 31 January 2026

53,170