REGISTERED NUMBER: 08822875 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

UK Truckparts Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G Culora

REGISTERED OFFICE:

147a High Street

Waltham Cross

Hertfordshire

EN8 7AP

REGISTERED NUMBER:

08822875 (England and Wales)

SENIOR STATUTORY AUDITOR:

Iain McMurray BSc(Hons) FCA

AUDITORS:

Thickbroom Coventry

Chartered Accountants

and Statutory Auditors

147a High Street

Waltham Cross

Hertfordshire

EN8 7AP

FIXED ASSETS

Tangible assets

4

184,561

258,916

CURRENT ASSETS

Stocks

1,175,935

1,081,298

Debtors

5

2,123,789

2,200,151

Cash at bank

403,979

78,568

3,703,703

3,360,017

CREDITORS

Amounts falling due within one year

6

(1,360,355

)

(1,437,950

)

NET CURRENT ASSETS

2,343,348

1,922,067

TOTAL ASSETS LESS CURRENT LIABILITIES

2,527,909

2,180,983

CREDITORS

Amounts falling due after more than one year

7

(76,673

)

(119,265

)

PROVISIONS FOR LIABILITIES

(36,777

)

(53,893

)

NET ASSETS

2,414,459

2,007,825

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

2,414,359

2,007,725

SHAREHOLDERS' FUNDS

2,414,459

2,007,825

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 director and authorised for issue on 29 July 2026 and were signed by:

Mr G Culora - Director

1.	STATUTORY INFORMATION

UK Truckparts 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Critical accounting judgements and key sources of estimation uncertainty

Tangible and intangible assets

Fixtures and fittings, plant and machinery and motor vehicles are depreciated based on their useful lives. Depreciation on tangible assets is recognised on a reducing balance basis over their estimated useful lives.

The company assesses tangible fixed assets where there are indications that the assets could be impaired. Indicators of impairment include factors both inside and outside the organisation, which give indication of a reduction in value. Where there are indicators of a reduction in the carrying value of the asset, the company estimates the recoverable amount of the cash generating unit to which the asset belongs.

Debtors

The directors assess the recoverability of the amounts outstanding at the balance sheet date, undertaking a review of the age profile of the debt, historic collection rates and the nature and class of the debt.

Work in progress

The directors assess the costs incurred in respect of ongoing jobs. Where costs have been incurred and time has been spent on a job which has yet to be billed at the balance sheet date, accrued work in progress is included in revenue based on underlying costs incurred and stage of completion.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

over lease term

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

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 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 statement of financial position 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 yearyear end and that are expected to apply to the reversal of the timing difference.

Hire purchase and leasing commitments

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 31 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

10,245

9,799

7,349

464,310

491,703

Additions

2,670

9,850

1,732

34,758

49,010

Disposals

-

-

-

(102,383

)

(102,383

)

At 31 December 2025

12,915

19,649

9,081

396,685

438,330

DEPRECIATION

At 1 January 2025

10,245

8,609

6,451

207,482

232,787

Charge for year

2,670

3,654

1,397

85,922

93,643

Eliminated on disposal

-

-

-

(72,661

)

(72,661

)

At 31 December 2025

12,915

12,263

7,848

220,743

253,769

NET BOOK VALUE

At 31 December 2025

-

7,386

1,233

175,942

184,561

At 31 December 2024

-

1,190

898

256,828

258,916

Included within the carrying value of tangible fixed assets are assets held under finance leases or hire purchase agreements amounting to £113,729 (2024: £162,762)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,006,633

1,147,088

Amounts owed by group undertakings

1,003,307

950,749

Other debtors

113,849

102,314

2,123,789

2,200,151

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

32,695

45,902

Trade creditors

1,080,228

1,158,727

Taxation and social security

232,476

201,976

Other creditors

14,956

31,345

1,360,355

1,437,950

There is a fixed and floating charge over the assets held by Santander UK PLC dated 16 June 2021 in respect of the invoice discounting finance. Charge code 0882 2875 0004.

In addition, the company has granted a debenture in favour of Santander UK PLC dated 28 May 2021, with a fixed and floating charge over the assets not already covered by the invoice discounting finance granted above. Charge code 0882 2875 0003

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

76,673

119,265

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Iain McMurray BSc(Hons) FCA (Senior Statutory Auditor)

for and on behalf of Thickbroom Coventry

11.	ULTIMATE CONTROLLING PARTY

The controlling party is UK Truckcentre Limited, company number 12152853.

Group accounts can be obtained by request at the registered office:

147a High Street

Waltham Cross

Hertfordshire

EN8 7AP