REGISTERED NUMBER: 13309057 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Classic Car Prototype & Development Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S C Thornley

Mr P Van de Riet

REGISTERED OFFICE:

Drake House

Lakeside Business Park

South Cerney

Cirencester

Gloucestershire

GL7 5XL

REGISTERED NUMBER:

13309057 (England and Wales)

FIXED ASSETS

Intangible assets

4

215,679

187,966

CURRENT ASSETS

Stocks

49,945

25,000

Debtors

5

77,803

125,960

Cash at bank

189,510

230,657

317,258

381,617

CREDITORS

Amounts falling due within one year

6

2,732

12,984

NET CURRENT ASSETS

314,526

368,633

TOTAL ASSETS LESS CURRENT LIABILITIES

530,205

556,599

CAPITAL AND RESERVES

Called up share capital

500,000

500,000

Retained earnings

30,205

56,599

530,205

556,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 2 September 2026 and were signed on its behalf by:

Mr P Van de Riet - Director

1.	STATUTORY INFORMATION

Classic Car Prototype & Development 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.

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Developme

costs

£

COST

At 1 January 2025

250,000

Additions

49,310

At 31 December 2025

299,310

AMORTISATION

At 1 January 2025

62,034

Amortisation for year

21,597

At 31 December 2025

83,631

NET BOOK VALUE

At 31 December 2025

215,679

At 31 December 2024

187,966

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,249

84,799

Corporation tax

1,197

-

VAT

50,357

41,161

77,803

125,960

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,007

1,381

Corporation tax

-

10,463

Accruals and deferred income

1,725

1,140

2,732

12,984