REGISTERED NUMBER: 13091384 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

CTC AUTOMOTIVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

L M Bray

REGISTERED OFFICE:

Standish House

Standish Street

Chorley

Lancashire

PR7 3AH

REGISTERED NUMBER:

13091384 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Tangible assets

4

433,733

436,715

CURRENT ASSETS

Stocks

800,000

261,604

Debtors

5

63,832

9,350

Cash at bank and in hand

8,868

123,518

872,700

394,472

CREDITORS

Amounts falling due within one year

6

966,538

641,072

NET CURRENT LIABILITIES

(93,838

)

(246,600

)

TOTAL ASSETS LESS CURRENT LIABILITIES

339,895

190,115

PROVISIONS FOR LIABILITIES

104,386

47,479

NET ASSETS

235,509

142,636

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

235,309

142,436

235,509

142,636

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 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2026 and were signed by:

L M Bray - Director

1.	STATUTORY INFORMATION

CTC 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.

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 etc

-

25% on cost, 20% on reducing balance and 10% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

436,715

Additions

40,867

At 30 November 2025

477,582

DEPRECIATION

Charge for year

43,849

At 30 November 2025

43,849

NET BOOK VALUE

At 30 November 2025

433,733

At 30 November 2024

436,715

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

63,670

9,350

Other debtors

162

-

63,832

9,350

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

605,560

48,447

Amounts owed to group undertakings

83,529

-

Amounts owed to associates

62,426

500

Taxation and social security

68,210

4,941

Other creditors

146,813

587,184

966,538

641,072

7.	CONTINGENT LIABILITIES

National Westminster Bank plc hold a debenture dated 13 May 2024 creating fixed and floating charges over all the property, undertaking and assets of the company.

This charge contains a negative pledge and acts as security for the banking facilities and liabilities of CTC Properties (NW) Ltd. At the balance sheet date, the total amount secured by this guarantee was £731,597.22.

8.	RELATED PARTY DISCLOSURES

CTC Properties (NW) Ltd

A Company in which Mr Bray is a shareholder

During the period, the company provided a cross-guarantee and security in favor of National Westminster Bank plc to secure the financial liabilities of CTC Properties (NW) Ltd. At the balance sheet date, the maximum exposure under this guarantee amounted to £731,597.22. No consideration was received by the company for providing this security.

Included within amounts owed to associates is a loan of £62,426.40 due to CTC Properties (NW) Ltd, a company under common directorial control. The balance is interest free, unsecured and repayable on demand.

CTC Global (NW) Ltd

Parent company

Included within amounts owed to group undertakings is a loan of £83,528.99 due to the parent company CTC Global (NW) Ltd. The balance is interest free, unsecured and repayable on demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CTC Automotive Ltd for the year ended 30 November 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of CTC Automotive Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CTC Automotive Ltd and state those matters that we have agreed to state to the director of CTC Automotive Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that CTC Automotive Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CTC Automotive Ltd. You consider that CTC Automotive Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CTC Automotive Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

27 August 2026