FRS102 1A Filleted


Company registration number:						15138472
Chapeltown Auto Centre Limited

Balance sheet
as at 31 December 2025

		31 Dec 25		31 Dec 24
	Note	£	£	£	£
Fixed assets
Intangible assets	4	52,731		46,667
Tangible assets	5	75,950		51,065
			128,681		97,732
Current assets
Stocks		6,307		6,973
Debtors		4,722		1,209
Cash at bank and in hand		92,503		72,423
			103,532		80,605
Creditors: amounts falling due within one year			(86,551)		(54,556)
Net current assets			16,981		26,049
Total assets less current liabilities			145,662		123,781
Creditors: Amounts falling due after more than one year			(80,064)		(90,375)
NET ASSETS			65,598		33,406

Capital and reserves
Called up share capital			10,000		10,000
Profit and loss account			55,598		23,406
TOTAL EQUITY			65,598		33,406


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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Company registration number:		15138472
Chapeltown Auto Centre Limited

Balance sheet - continued
as at 31 December 2025

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 to the Registrar.

These financial statements were approved by the Board of directors and authorised for issue on 29 June 2026 and signed on its behalf by:

Mrs J Hawley, Director	Mr S Hawley, Director
29 June 2026	29 June 2026

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Chapeltown Auto Centre Limited

Notes to the financial statements
for the year ended 31 December 2025


1	Company information

	Chapeltown Auto Centre Limited is a private company registered in England and Wales. Its registered number is 15138472. The company is limited by shares. Its registered office is 6 Ecclesfield Road, Chapeltown, Sheffield, S35 1TE.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	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.

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

	Goodwill	-	10% straight line

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Plant & Machinery	-	15% reducing balance
	Fixtures & fittings	-	15% reducing balance
	Motor Vehicles	-	20% reducing balance
	Computer Equipment	-	15% reducing balance

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Chapeltown Auto Centre Limited

Notes to the financial statements - continued
for the year ended 31 December 2025

2	Accounting policies - continued

	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 taxation. 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 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.

	Retirement benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 9 (2024 - 8).

4	Intangible assets

		Goodwill
		£
	Cost
	At 1 January 2025	50,000
	Additions	10,495
	At 31 December 2025	60,495

	Amortisation
	At 1 January 2025	3,333
	Charge for year	4,431
	At 31 December 2025	7,764

	Net book value
	At 31 December 2025	52,731

	At 31 December 2024	46,667


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	Company registration number:	15138472

	Annual report and unaudited financial statements
	for the year ended 31 December 2025
	for
	Chapeltown Auto Centre Limited


	Pages for filing with the Registrar