Auto Couture Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09912266

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,391,096		3,771,552

			3,391,096		3,771,552
CURRENT ASSETS
Debtors	5	253,059		248,566
Cash at bank and in hand		6,316		8,676

		259,375		257,242
Creditors: Amounts Falling Due Within One Year	6	(5,392,187 )		(4,673,853 )

NET CURRENT ASSETS (LIABILITIES)			(5,132,812 )		(4,416,611 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,741,716 )		(645,059 )

Creditors: Amounts Falling Due After More Than One Year	7		(207,882 )		(107,889 )

NET LIABILITIES			(1,949,598 )		(752,948 )

CAPITAL AND RESERVES
Called up share capital	11		1		1
Revaluation reserve	13		(127,946 )		395,213
Profit and Loss Account			(1,821,653 )		(1,148,162 )

SHAREHOLDERS' FUNDS			(1,949,598)		(752,948)

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Auto Couture Ltd

Balance Sheet (continued)

As At 31 December 2025

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

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Scott Bennett

Director

01/09/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Auto Couture Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09912266 . The registered office is Ferry Works, Summer Road, Thames Ditton, Surrey, KT7 0QJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	No depreciation
Fixtures & Fittings	20% on cost

Depreciation is not provided on motor vehicles on the basis that the fleet consists of classic vehicles which, as they are maintained to a high standard, are likely to appreciate in value.

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Classic cars

Company's fleet of classic cars has been treated as investments. The cars are carried at fair value. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Auto Couture Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost or Valuation
As at 1 January 2025	8,750	3,764,990	3,274	3,777,014
Additions	18,455	480,236	-	498,691
Disposals	-	(152,840 )	(3,274 )	(156,114 )
Revaluation	-	(720,053 )	-	(720,053 )

As at 31 December 2025	27,205	3,372,333	-	3,399,538

Depreciation
As at 1 January 2025	2,188	-	3,274	5,462
Provided during the period	6,254	-	-	6,254
Disposals	-	-	(3,274 )	(3,274 )

As at 31 December 2025	8,442	-	-	8,442

Net Book Value
As at 31 December 2025	18,763	3,372,333	-	3,391,096

As at 1 January 2025	6,562	3,764,990	-	3,771,552

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	529,000	605,000

Cost or valuation as at 31 December 2025 represented by:

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
At cost	27,205	3,372,333	-	3,399,538

	27,205	3,372,333	-	3,399,538

The cars were valued on an estimated market value basis as at 31 December 2025 by an independent valuer experienced in the classic and high value cars market.

If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:

	Motor Vehicles
	£
Cost	3,500,279

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Auto Couture Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	253,059	248,566

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	118,170	74,989
Trade creditors	38,447	53,680
Other creditors	5,235,570	4,545,184

	5,392,187	4,673,853

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	207,882	107,889

8. Secured Creditors

Other creditors include loan secured against specific tangible and other assets of the company.

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	326,052	182,878
Other Creditors	703,500	798,500

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	118,170	74,989
Later than one year and not later than five years	207,882	107,889

	326,052	182,878

	326,052	182,878

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Additions	67,929	67,929
Utilised	(67,929 )	(67,929)

The deferred tax provision balance on accelerated capital allowances has been set off against the deferred tax asset balance arising on the losses.

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Auto Couture Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Anthony Kearsley	62,000	29,640	-	-	91,640

The above loan is unsecured, interest free and repayable on demand.

13. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 January 2025	395,213	(1,148,162 )
Loss for the year and total comprehensive income	-	(1,196,651 )

Transfer from revaluation reserve	-	523,160
Transfer to/from Profit & Loss Account	(523,159 )	-

As at 31 December 2025	(127,946 )	(1,821,653 )

14. Related Party Transactions

At the year end the company had the following balances with related parties:

Debtors - £127,357 (2024 £129,357)

Creditors - £5,102 (2024 £nil)

During the year the company undertook the following transactions with relaterd parties:

Purchases from related parties - £128,241 (2024 £128,007)

The related parties involved in the aforementioned transactions are related by virtue of ultimate common shareholding and directorship.

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