Car Hunters Car Sourcing Specialists Limited

Registered number

08429325

Filleted Accounts

31 August 2025

Car Hunters Car Sourcing Specialists Limited
Registered number:		08429325
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,116,605			1,154,704

Current assets
Stocks		1,511,797			1,866,217
Debtors	4	94,061			25,995
Cash at bank and in hand		496,274			391,600
		2,102,132			2,283,812

Creditors: amounts falling due within one year	5	(211,948)			(483,462)

Net current assets			1,890,184			1,800,350

Total assets less current liabilities			3,006,789			2,955,054

Creditors: amounts falling due after more than one year	6		(1,795,228)			(1,702,888)



Net assets			1,211,561			1,252,166

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,211,560			1,252,165

Shareholders' funds			1,211,561			1,252,166

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr L. Hunt
Director
Approved by the board on 28 August 2026

Car Hunters Car Sourcing Specialists Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 September 2024	1,081,819		234,576		1,316,395
	Additions	-		3,855		3,855
	At 31 August 2025	1,081,819		238,431		1,320,250

	Depreciation
	At 1 September 2024	-		161,691		161,691
	Charge for the year	-		41,954		41,954
	At 31 August 2025	-		203,645		203,645

	Net book value
	At 31 August 2025	1,081,819		34,786		1,116,605
	At 31 August 2024	1,081,819		72,885		1,154,704


4	Debtors			2025		2024
£					£

	Trade debtors			94,061		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			-		25,995
				94,061		25,995


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			7,502		241,503
	Trade creditors			103,390		161,922
	Taxation and social security costs			86,274		26,511
	Other creditors			14,782		53,526
				211,948		483,462


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			565,228		602,888
	Other creditors			1,230,000		1,100,000
				1,795,228		1,702,888


7	Loans			2025		2024
£					£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years			1,230,000		1,100,000
	Instalments falling due for payment after more than five years			565,228		602,888
				1,795,228		1,702,888


	Secured bank loans			565,228		602,888

	Secured bank loans include mortgage secured on the companies owned premises on a fixed rate basis, currently 5% per annum. The balance outstanding as of 31st August 2025 was £565,228 (2024: £602,887). In 2024, the company also held a stocking loan, secured on vehicle inventory for resale. As of 31st August 2024, the balance of £223,990. This was fully repaid during the current accounting period.


8	Controlling party

	The ultimate controlling party by virtue of the shareholding is Mr L Hunt


9	Other information

	Car Hunters Car Sourcing Specialists Limited is a private company limited by shares and incorporated in England. Its registered office is:
	High Steppers Farm
	Batts Road
	Steeple
	Essex
	CM0 7LE