REGISTERED NUMBER: 07126744 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Secondhandracking.com Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Gobbi

Mrs M Gobbi

C Williams

REGISTERED OFFICE:

Troydale Lane

Pudsey

Leeds

West Yorkshire

LS28 9LD

REGISTERED NUMBER:

07126744 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Intangible assets

4

16,200

18,000

Tangible assets

5

81,934

70,846

98,134

88,846

CURRENT ASSETS

Stocks

70,652

493,893

Debtors

6

549,086

31,367

Cash at bank and in hand

156,644

138,047

776,382

663,307

CREDITORS

Amounts falling due within one year

7

221,690

244,038

NET CURRENT ASSETS

554,692

419,269

TOTAL ASSETS LESS CURRENT LIABILITIES

652,826

508,115

CREDITORS

Amounts falling due after more than one year

8

(51,069

)

(43,793

)

PROVISIONS FOR LIABILITIES

(20,509

)

(17,713

)

NET ASSETS

581,248

446,609

CAPITAL AND RESERVES

Called up share capital

2,369

2,938

Capital redemption reserve

698

129

Retained earnings

578,181

443,542

581,248

446,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by:

P Gobbi - Director

1.	STATUTORY INFORMATION

Secondhandracking.com Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty two years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of 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

-

15% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

25% reducing balance

Tangible fixed assets are initially recorded at cost.

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 February 2025

and 31 January 2026

39,600

AMORTISATION

At 1 February 2025

21,600

Amortisation for year

1,800

At 31 January 2026

23,400

NET BOOK VALUE

At 31 January 2026

16,200

At 31 January 2025

18,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

27,064

106,324

1,700

135,088

Additions

-

29,823

-

29,823

Disposals

-

-

(1,700

)

(1,700

)

At 31 January 2026

27,064

136,147

-

163,211

DEPRECIATION

At 1 February 2025

23,835

38,846

1,561

64,242

Charge for year

484

18,112

35

18,631

Eliminated on disposal

-

-

(1,596

)

(1,596

)

At 31 January 2026

24,319

56,958

-

81,277

NET BOOK VALUE

At 31 January 2026

2,745

79,189

-

81,934

At 31 January 2025

3,229

67,478

139

70,846

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

76,940

Additions

29,823

At 31 January 2026

106,763

DEPRECIATION

At 1 February 2025

26,449

Charge for year

13,865

At 31 January 2026

40,314

NET BOOK VALUE

At 31 January 2026

66,449

At 31 January 2025

50,491

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

99,483

30,967

Amounts owed by participating interests

449,603

-

Other debtors

-

400

549,086

31,367

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

59,210

Hire purchase contracts

17,249

15,188

Trade creditors

42,901

41,162

Amounts owed to participating interests

-

62,589

Taxation and social security

158,709

41,287

Other creditors

2,831

24,602

221,690

244,038

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

4,557

Hire purchase contracts

51,069

39,236

51,069

43,793

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

68,318

54,424

Hire purchases are secured against the assets to which they relate.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Secondhandracking.com Holdings Ltd.