Company No: 15500666 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A Jeff
	J J C Murphy

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	GU9 7PT
	United Kingdom

COMPANY NUMBER

15500666 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	31.03.2026		31.03.2025
		£		£
Fixed assets
Tangible assets	3	0		1,940
		0		1,940
Current assets
Stocks	4	147,292		184,949
Debtors	5	0		550
Cash at bank and in hand	6	132		25,534
		147,424		211,033
Creditors: amounts falling due within one year	7	( 271,530)		( 240,404)
Net current liabilities		(124,106)		(29,371)
Total assets less current liabilities		(124,106)		(27,431)
Net liabilities		( 124,106)		( 27,431)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 124,206 )		( 27,531 )
Total shareholders' deficit		( 124,106)		( 27,431)

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Witley Car Company Limited (registered number: 15500666) were approved and authorised for issue by the Board of Directors on 17 August 2026. They were signed on its behalf by:

A Jeff Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

The Witley Car Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, GU9 7PT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

These accounts have been prepared on a basis other than a going concern. The company ceased to trade at the end of June 2026.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	Year ended 31.03.2026		Period from 18.02.2024 to 31.03.2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2025	2,228		2,228
Disposals	( 2,228)		( 2,228)
At 31 March 2026	0		0
Accumulated depreciation
At 01 April 2025	288		288
Charge for the financial year	634		634
Disposals	( 922)		( 922)
At 31 March 2026	0		0
Net book value
At 31 March 2026	0		0
At 31 March 2025	1,940		1,940

4. Stocks

	31.03.2026		31.03.2025
	£		£
Stocks	147,292		184,949

5. Debtors

	31.03.2026		31.03.2025
	£		£
Trade debtors	0		20
Prepayments	0		530
	0		550

6. Cash and cash equivalents

	31.03.2026		31.03.2025
	£		£
Cash at bank and in hand	132		25,534

7. Creditors: amounts falling due within one year

	31.03.2026		31.03.2025
	£		£
Trade creditors	500		1,535
Amounts owed to directors	168,459		111,888
Other loans	96,604		123,097
Accruals	1,750		1,750
Other taxation and social security	4,217		2,134
	271,530		240,404