Excel Motors (Midlands) Limited

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

Registered number: 04027735

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS

Creditors: Amounts Falling Due Within One Year	5	(174,826 )		(174,826 )

NET CURRENT ASSETS (LIABILITIES)			(174,826 )		(174,826 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(174,826 )		(174,826 )

NET LIABILITIES			(174,826 )		(174,826 )

CAPITAL AND RESERVES
Called up share capital	6		4		4
Profit and Loss Account			(174,830 )		(174,830 )

SHAREHOLDERS' FUNDS			(174,826)		(174,826)

For the year ending 31 July 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Raphael Rochester

Director

24 August 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Excel Motors (Midlands) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04027735 . The registered office is Raynesway, Spondon, Derby, Derbyshire, DE21 7BQ.

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	15%
Computer Equipment	25%

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 4)

4. Debtors

	2026	2025
	£	£
Due within one year

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	40,168	40,168
Funding circle	83,566	83,566
Accruals and deferred income	700	700
Directors' loan accounts	50,392	50,392

	174,826	174,826

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Excel Motors (Midlands) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	4	4

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