Company registration number: 16275470
Annual report and unaudited financial statements
for the period ended 31 March 2026
for
Car And Commercial (devon) Ltd
Pages for filing with the Registrar
Car And Commercial (devon) Ltd
Accountants’ Report to the Board of Directors for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Car And Commercial (devon) Ltd for the period ended 31 March 2026 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Car And Commercial (devon) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Car And Commercial (devon) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Car And Commercial (devon) Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Car And Commercial (devon) 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 of Car And Commercial (devon) Ltd. You consider that Car And Commercial (devon) Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Car And Commercial (devon) 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 statutory financial statements.
Baines and Co
46 Rolle Street
Exmouth
Devon
EX8 2SQ
United Kingdom
Date: 12 August 2026
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Company registration number: 16275470
Car And Commercial (devon) Ltd
Balance sheet
as at 31 March 2026
Note £ £
Fixed assets
Intangible assets 4 152,000
Tangible assets 5 9,332
161,332
Current assets
Debtors 2,207
Cash at bank and in hand 84,091
86,298
Creditors: amounts falling due within one year
(187,244)
Net current liabilities (100,946)
Total assets less current liabilities 60,386
Provisions for liabilities (1,773)
NET ASSETS 58,613
Capital and reserves
Profit and loss account 58,613
TOTAL EQUITY 58,613
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 March 2026.
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.
2
Company registration number: 16275470
Car And Commercial (devon) Ltd
Balance sheet - continued
as at 31 March 2026
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 12 August 2026 and signed on its behalf by:
Mr K Harris, Director Mr A Sherman, Director
12 August 2026 12 August 2026
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Car And Commercial (devon) Ltd
Notes to the financial statements
for the period ended 31 March 2026
1 Company information
Car And Commercial (devon) Ltd is a private company registered in England and Wales. Its registered number is 16275470. The company is limited by shares. Its registered office is 46 Rolle Street, Exmouth, EX8 2SQ. Its principal place of business is Car & Commercial Services, Unit 1, Exmouth, Devon, EX8 1EW.
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 - 5% 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 and machinery - 20% straight line
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Car And Commercial (devon) Ltd
Notes to the financial statements - continued
for the period ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred 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 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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 period the average number of employees was 5.
4 Intangible assets
Goodwill
£
Cost
Additions 160,000
At 31 March 2026 160,000
Amortisation
Charge for period 8,000
At 31 March 2026 8,000
5
Car And Commercial (devon) Ltd
Notes to the financial statements - continued
for the period ended 31 March 2026
4 Intangible assets - continued
Net book value
At 31 March 2026 152,000
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
Additions 11,230
At 31 March 2026 11,230
Depreciation
Charge for period 1,898
At 31 March 2026 1,898
Net book value
At 31 March 2026 9,332
6 Advances, credit and guarantees granted to directors
There were no advances, credit or guarantees granted to directors in the year.
7 Related party transactions
Dividends were issued in the year totalling £26,000.
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