Chart One Automotive Ltd

	Page
Company Information	1
Directors' Report	2
Accountant's Report	3
Profit and Loss Account	4
Balance Sheet	5—6
Notes to the Financial Statements	7—9

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Company No. 08308728

Directors' Report For The Year Ended 31 March 2026

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors

The directors who held office during the year were as follows:

R Barton

J Hicks

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

R Barton

Director

04/09/2026

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Chart One Automotive Ltd

Accountant's Report

For The Year Ended 31 March 2026

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Chart One Automotive Ltd for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Chart One Automotive Ltd for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Chart One Automotive Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Chart One Automotive Ltd and state those matters that we have agreed to state to the directors of Chart One Automotive Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chart One Automotive Ltd and its directors, as a body, for our work or for this report.

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

We have not been instructed to carry out an audit of the accounts of Chart One 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 financial statements.

THL Accountancy Ltd

04/09/2026

THL Accountancy Ltd

303 Goring Road

Worthing

West Sussex

BN12 4NX

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Chart One Automotive Ltd

Profit and Loss Account

For The Year Ended 31 March 2026

Profit and Loss Account

		2026	2025
	Notes	£	£
TURNOVER		1,447,484	1,483,519
Cost of sales		(660,835 )	(641,782 )

GROSS PROFIT		786,649	841,737

Administrative expenses		(754,849 )	(750,039 )

OPERATING PROFIT		31,800	91,698
Other interest receivable and similar income		2,125	2,993
Interest payable and similar charges		(2,504 )	(2,491 )

PROFIT BEFORE TAXATION		31,421	92,200
Tax on Profit		(8,470 )	(19,354 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		22,951	72,846

The notes on pages 7 to 9 form part of these financial statements.

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Chart One Automotive Ltd

Balance Sheet

As At 31 March 2026

Balance Sheet

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,054		4,206
Tangible Assets	5		9,181		15,553

			15,235		19,759
CURRENT ASSETS
Stocks	6	257,782		378,833
Debtors	7	177,610		162,390
Cash at bank and in hand		236,169		278,457

		671,561		819,680
Creditors: Amounts Falling Due Within One Year	8	(313,114 )		(314,883 )

NET CURRENT ASSETS (LIABILITIES)			358,447		504,797

TOTAL ASSETS LESS CURRENT LIABILITIES			373,682		524,556

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,175 )		-

NET ASSETS			372,507		524,556

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			372,407		524,456

SHAREHOLDERS' FUNDS			372,507		524,556

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Chart One Automotive Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

R Barton

Director

04/09/2026

The notes on pages 7 to 9 form part of these financial statements.

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Chart One Automotive Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Chart One Automotive Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08308728 . The registered office is 49 Station Road, Polegate, England, BN26 6EA.

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, excluding discounts, rebates, value added tax and other sales taxes.

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	20% on cost
Motor Vehicles	50% on cost
Fixtures & Fittings	20% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. 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.

2.7. Pensions

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.

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Chart One Automotive Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.8. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2025: 15)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 April 2025	25,726
Additions	4,332

As at 31 March 2026	30,058

Amortisation
As at 1 April 2025	21,520
Provided during the period	2,484

As at 31 March 2026	24,004

Net Book Value
As at 31 March 2026	6,054

As at 1 April 2025	4,206

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	15,295	22,320	49,809	87,424
Additions	-	-	1,055	1,055

As at 31 March 2026	15,295	22,320	50,864	88,479

Depreciation
As at 1 April 2025	6,118	22,320	43,433	71,871
Provided during the period	3,059	-	4,368	7,427

As at 31 March 2026	9,177	22,320	47,801	79,298

Net Book Value
As at 31 March 2026	6,118	-	3,063	9,181

As at 1 April 2025	9,177	-	6,376	15,553

6. Stocks

	2026	2025
	£	£
Stock	257,782	378,833

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Chart One Automotive Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	93,626	73,445
Amounts owed by group undertakings	790	790
Other debtors	83,194	88,155

	177,610	162,390

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	237,285	234,778
Other creditors	44,492	45,051
Taxation and social security	31,337	35,054

	313,114	314,883

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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