REGISTERED NUMBER: 03183761 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BROOKLANDS AUTOMOTIVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Halestrap

Mrs K Halestrap

J J Halestrap

REGISTERED OFFICE:

Brooklands Place

1 Abbot Close

Byfleet

KT14 7JN

REGISTERED NUMBER:

03183761 (England and Wales)

ACCOUNTANTS:

Upton Neenan Lees

Chartered Accountants

Suite 1B

Quadrant House North

65 Croydon Road

Caterham

Surrey

CR3 6PB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

876,655

644,051

876,655

644,051

CURRENT ASSETS

Stocks

6

3,355,659

3,843,108

Debtors

7

474,570

234,508

Cash at bank

355,828

596,811

4,186,057

4,674,427

CREDITORS

Amounts falling due within one year

8

(1,807,060

)

(1,768,443

)

NET CURRENT ASSETS

2,378,997

2,905,984

TOTAL ASSETS LESS CURRENT LIABILITIES

3,255,652

3,550,035

PROVISIONS FOR LIABILITIES

(94,376

)

(82,200

)

NET ASSETS

3,161,276

3,467,835

CAPITAL AND RESERVES

Called up share capital

56

56

Capital redemption reserve

(167,278

)

(167,278

)

Retained earnings

3,328,498

3,635,057

SHAREHOLDERS' FUNDS

3,161,276

3,467,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 16 July 2026 and were signed on its behalf by:

J Halestrap - Director

1.	STATUTORY INFORMATION

Brooklands Automotive Ltd 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.

Turnover

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

Goodwill

Goodwill is the difference between the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets. It is being written off in equal annual instalments over its estimated economic life.

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2024 - 48 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

200,000

AMORTISATION

At 1 January 2025

and 31 December 2025

200,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

148,266

1,227,552

1,375,818

Additions

29,070

463,698

492,768

Disposals

-

(40,991

)

(40,991

)

At 31 December 2025

177,336

1,650,259

1,827,595

DEPRECIATION

At 1 January 2025

63,654

668,113

731,767

Charge for year

8,369

246,753

255,122

Eliminated on disposal

-

(35,949

)

(35,949

)

At 31 December 2025

72,023

878,917

950,940

NET BOOK VALUE

At 31 December 2025

105,313

771,342

876,655

At 31 December 2024

84,612

559,439

644,051

6.

STOCKS

31.12.25

31.12.24

£

£

Raw materials

271,871

300,708

Goods for resale

3,083,788

3,542,400

3,355,659

3,843,108

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

174,186

133,685

Other debtors

300,384

100,823

474,570

234,508

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

1,118,768

1,152,393

Trade creditors

-

207,052

Taxation and social security

406,236

329,777

Other creditors

282,056

79,221

1,807,060

1,768,443

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdrafts

1,118,768

1,152,393