REGISTERED NUMBER: 06559538 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

REVIVE! AUTO INNOVATIONS (BIRMINGHAM

NORTH) LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

P Morris

REGISTERED OFFICE:

104 Leighswood Avenue

Walsall

WS9 8BA

REGISTERED NUMBER:

06559538 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

221,168

258,556

Cost of sales

38,633

43,972

GROSS PROFIT

182,535

214,584

Administrative expenses

182,963

168,576

(428

)

46,008

Other operating income

-

5,000

OPERATING (LOSS)/PROFIT

4

(428

)

51,008

Interest payable and similar expenses

2,292

1,808

(LOSS)/PROFIT BEFORE TAXATION

(2,720

)

49,200

Tax on (loss)/profit

1,762

8,885

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(4,482

)

40,315

Retained earnings at beginning of year

91,803

72,738

Dividends

(40,300

)

(21,250

)

RETAINED EARNINGS AT END OF YEAR

47,021

91,803

FIXED ASSETS

Intangible assets

5

3,445

4,528

Tangible assets

6

24,953

36,392

28,398

40,920

CURRENT ASSETS

Stocks

7

6,000

6,000

Debtors

8

53,335

78,100

Cash at bank

4,681

26,828

64,016

110,928

CREDITORS

Amounts falling due within one year

9

38,903

46,888

NET CURRENT ASSETS

25,113

64,040

TOTAL ASSETS LESS CURRENT LIABILITIES

53,511

104,960

CREDITORS

Amounts falling due after more than one year

10

6,390

13,057

NET ASSETS

47,121

91,903

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

47,021

91,803

SHAREHOLDERS' FUNDS

47,121

91,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

The financial statements were approved by the director and authorised for issue on 11 August 2026 and were signed by:

P Morris - Director

1.	STATUTORY INFORMATION

Revive! Auto Innovations (Birmingham North) Limited 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, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	OPERATING (LOSS)/PROFIT

The operating loss (2025 - operating profit) is stated after charging:

2026

2025

£

£

Depreciation - owned assets

14,691

14,037

Goodwill amortisation

443

443

Patents and licences amortisation

640

640

5.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

8,860

6,400

15,260

AMORTISATION

At 1 April 2025

7,532

3,200

10,732

Amortisation for year

443

640

1,083

At 31 March 2026

7,975

3,840

11,815

NET BOOK VALUE

At 31 March 2026

885

2,560

3,445

At 31 March 2025

1,328

3,200

4,528

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

12,764

74,609

4,380

91,753

Additions

3,252

-

-

3,252

At 31 March 2026

16,016

74,609

4,380

95,005

DEPRECIATION

At 1 April 2025

10,071

41,743

3,547

55,361

Charge for year

1,913

12,445

333

14,691

At 31 March 2026

11,984

54,188

3,880

70,052

NET BOOK VALUE

At 31 March 2026

4,032

20,421

500

24,953

At 31 March 2025

2,693

32,866

833

36,392

7.

STOCKS

2026

2025

£

£

Stocks

6,000

6,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

53,335

78,100

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

7,708

11,408

Other loans

8,333

10,000

Trade creditors

8,409

6,770

Corporation tax

2,142

9,109

Social security and other taxes

1,089

1,661

VAT

9,009

6,124

Other creditors

792

359

Directors' current accounts

71

107

Accrued expenses

1,350

1,350

38,903

46,888

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 1-2 years

6,390

10,000

Other loans - 2-5 years

-

3,057

6,390

13,057