Company registration number: 06966286
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
AG Motors Limited
Pages for filing with the Registrar
Company registration number: 06966286
AG Motors Limited
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 170,944 314,792
170,944 314,792
Current assets
Stocks 80,781 58,500
Debtors 418,281 394,008
Cash at bank and in hand 4,298 9,239
503,360 461,747
Creditors: amounts falling due within one year
(518,585) (593,435)
Net current liabilities (15,225) (131,688)
Total assets less current liabilities 155,719 183,104
Creditors: Amounts falling due after more than one year
(109,013) (161,297)
Provisions for liabilities (42,736) (18,699)
NET ASSETS 3,970 3,108
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,969 3,107
TOTAL EQUITY 3,970 3,108
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 06966286
AG Motors Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 August 2026 and signed on its behalf by:
A Ginn, Director
19 August 2026
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AG Motors Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
AG Motors Limited is a private company registered in England and Wales. Its registered number is 06966286. The company is limited by shares. Its registered office is Unit C2 Stirling Way, Papworth Everard Papworth Business Park, Cambridge, CB23 3GY.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - the company has elected not to depreciate the building, based on the assessment that their useful lives are indefinite due to ongoing maintenance and preservation practices.


Plant and machinery etc.:
Improvements to property - 10% straight line
Plant and machinery - 10% straight line
Motor vehicles - 25% straight line
Computer equipment - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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AG Motors Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 18 (2024 - 17).
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AG Motors Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 January 2025 240,000 292,715 532,715
Additions - 136,556 136,556
Disposals (240,000) - (240,000)
At 31 December 2025 - 429,271 429,271
Depreciation
At 1 January 2025 - 217,923 217,923
Charge for year - 40,404 40,404
At 31 December 2025 - 258,327 258,327
Net book value
At 31 December 2025 - 170,944 170,944
At 31 December 2024 240,000 74,792 314,792
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024.
2025 2024
£ £
Aaron Ginn
Balance outstanding at start of year 83,464 -
Amounts advanced - 94,164
Amounts repaid (83,464) (10,700)
Balance outstanding at end of year - 83,464
6 Related party transactions
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AG Motors Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
6 Related party transactions - continued
The company sells, on normal commercial terms, maintenance and repair of motor vehicle services to AG Motors Over Limited, a company registered in England number 10926732, of which Mr A Ginn is the majority shareholder and director. The commercial transactions between the two companies are at arm’s length. The value of such sales during the period being reported was £111,151 [2024: £128,048] excluding VAT. The company also purchases, on normal commercial terms, maintenance and repair of motor vehicle services from AG Motors Over Limited. The value of such purchases during the period being reported was £11,820 [2024: £43,387] excluding VAT. The total balance due from AG Motors Over Limited at the end of the period was £162,561 [2024: £133,829]. At the year end, intercompany loan balances due from related parties under the common control of Mr A Ginn amounted to £68,944 in respect of AG Motors Bury Ltd and £15,941 in respect of AG Store Ltd.







7 Lease Commitments
The company leases the property known as Unit C2 Stirling Way, Papworth Everard, Papworth Business Park, Cambridge, CB23 3GY under a non-cancellable operating lease agreement. At the balance sheet date, the company had future minimum lease payments due under the lease agreement.

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