REGISTERED NUMBER: 04674510 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

D & P MOTOR FACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Southcott

Mrs D M Southcott

REGISTERED OFFICE:

Unit H Opus 36

New Potter Grange Road

Goole

DN14 6BZ

REGISTERED NUMBER:

04674510 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

23,713

28,591

23,713

28,591

CURRENT ASSETS

Stocks

248,639

240,433

Debtors

6

693,770

687,295

Cash at bank and in hand

8,943

12,595

951,352

940,323

CREDITORS

Amounts falling due within one year

7

193,412

227,538

NET CURRENT ASSETS

757,940

712,785

TOTAL ASSETS LESS CURRENT LIABILITIES

781,653

741,376

CREDITORS

Amounts falling due after more than one year

8

(3,539

)

(13,956

)

PROVISIONS FOR LIABILITIES

(4,195

)

(5,035

)

NET ASSETS

773,919

722,385

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

773,869

722,335

SHAREHOLDERS' FUNDS

773,919

722,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

Mr P Southcott - Director

1.	STATUTORY INFORMATION

D & P Motor Factors Limited is a private company, limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Unit H Opus 36, New Potter Grange Road, Goole, DN14 6BZ.

The company's principal activity during the year continued to be the distribution of motor parts.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts. Turnover is recognised at point of sale.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Goodwill

Goodwill has been fully amortised over its useful life of 7 years. Goodwill is recognised at cost less any provision for impairment.

Tangible fixed assets

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

Equipment

-

10% on cost

Motor vehicles

-

25% on a reducing balance basis

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

Taxation

Taxation for the year comprises current and deferred tax. 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 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.

Pensions

Contributions to defined contribution plans are recognised in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

187,485

AMORTISATION

At 1 December 2024

and 30 November 2025

187,485

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 December 2024

52,721

19,745

72,466

Additions

3,586

-

3,586

At 30 November 2025

56,307

19,745

76,052

DEPRECIATION

At 1 December 2024

39,945

3,930

43,875

Charge for year

4,511

3,953

8,464

At 30 November 2025

44,456

7,883

52,339

NET BOOK VALUE

At 30 November 2025

11,851

11,862

23,713

At 30 November 2024

12,776

15,815

28,591

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

130,681

155,797

Other debtors

551,168

522,035

Prepayments

11,921

9,463

693,770

687,295

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,419

10,164

Trade creditors

123,946

163,870

Tax

12,157

31,575

Social security and other taxes

2,582

2,551

VAT

12,093

9,574

Other creditors

30,412

7,719

Accrued expenses

1,803

2,085

193,412

227,538

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,539

10,419

Bank loans - 2-5 years

-

3,537

3,539

13,956

9.	OTHER FINANCIAL COMMITMENTS

2025

2024

£

£

Total future minimum payments under non-cancellable operating leases

27,461

27,461