REGISTERED NUMBER: 07078716 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 November 2025

for

Autowerks 2010 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R Pulford

Mr A D Pulford

REGISTERED OFFICE:

The Embankment

Wellingborough

NORTHAMPTONSHIRE

NN8 1LD

REGISTERED NUMBER:

07078716 (England and Wales)

ACCOUNTANTS:

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

FIXED ASSETS

Intangible assets

4

-

200

Tangible assets

5

8,608

10,241

8,608

10,441

CURRENT ASSETS

Stocks

126,243

154,385

Debtors

6

38,502

6,288

Cash at bank

62,666

106,301

227,411

266,974

CREDITORS

Amounts falling due within one year

7

62,291

73,800

NET CURRENT ASSETS

165,120

193,174

TOTAL ASSETS LESS CURRENT LIABILITIES

173,728

203,615

CREDITORS

Amounts falling due after more than one year

8

(4,483

)

(15,132

)

PROVISIONS FOR LIABILITIES

9

(1,467

)

(1,741

)

NET ASSETS

167,778

186,742

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

167,776

186,740

SHAREHOLDERS' FUNDS

167,778

186,742

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2026 and were signed on its behalf by:

Mr J R Pulford - Director

1.	STATUTORY INFORMATION

Autowerks 2010 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of three 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.

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

-

15% on reducing balance and at variable rates on reducing balance

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses.Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives,using either a straight line or reducing balance method, as indicated above.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit and loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and investments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 8 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

600

AMORTISATION

At 1 December 2024

400

Charge for year

200

At 30 November 2025

600

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

200

5.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipmt

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

74,250

9,955

84,205

DEPRECIATION

At 1 December 2024

64,549

9,415

73,964

Charge for year

1,455

178

1,633

At 30 November 2025

66,004

9,593

75,597

NET BOOK VALUE

At 30 November 2025

8,246

362

8,608

At 30 November 2024

9,701

540

10,241

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,547

-

Other debtors

7,955

6,288

38,502

6,288

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,146

30,362

Taxation and social security

28,603

28,489

Other creditors

12,542

14,949

62,291

73,800

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,483

15,132

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,467

1,741

Deferred

tax

£

Balance at 1 December 2024

1,741

Credit to Statement of Income and Retained Earnings during year

(274

)

Balance at 30 November 2025

1,467