REGISTERED NUMBER: SC397025 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

William Anderson Cars Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W Anderson

REGISTERED OFFICE:

61a Abbotswell Drive

Aberdeen

Aberdeenshire

AB12 5QP

REGISTERED NUMBER:

SC397025 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

77,172

87,714

CURRENT ASSETS

Debtors

5

40,211

33,458

Cash at bank

12,280

20,918

52,491

54,376

CREDITORS

Amounts falling due within one year

6

53,096

60,221

NET CURRENT LIABILITIES

(605

)

(5,845

)

TOTAL ASSETS LESS CURRENT LIABILITIES

76,567

81,869

CREDITORS

Amounts falling due after more than one year

7

24,522

28,519

NET ASSETS

52,045

53,350

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

52,044

53,349

52,045

53,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 August 2026 and were signed by:

Mr W Anderson - Director

1.	STATUTORY INFORMATION

William Anderson Cars Ltd is a private company, limited by shares , registered in Scotland. 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.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

1,038

1,130

312,798

1,858

316,824

Additions

-

-

25,490

708

26,198

Disposals

-

-

(93,539

)

-

(93,539

)

At 30 April 2026

1,038

1,130

244,749

2,566

249,483

DEPRECIATION

At 1 May 2025

644

804

225,804

1,858

229,110

Charge for year

79

66

25,375

234

25,754

Eliminated on disposal

-

-

(82,553

)

-

(82,553

)

At 30 April 2026

723

870

168,626

2,092

172,311

NET BOOK VALUE

At 30 April 2026

315

260

76,123

474

77,172

At 30 April 2025

394

326

86,994

-

87,714

Included in the net book value is £58,506 (2025: £63.431 ) of assets held under hire purchase.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

37,547

31,040

Other debtors

2,664

2,418

40,211

33,458

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

567

6,806

Hire purchase contracts

23,357

22,928

Trade creditors

233

646

Taxation and social security

24,180

22,759

Other creditors

4,759

7,082

53,096

60,221

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans

-

567

Hire purchase contracts

24,522

27,952

24,522

28,519

8.

CHARGES

There is a floating charge in place covering all the property or undertaking of the company in favour of Bibby Factors Scotland Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr W Anderson.