SDP (Newmarket Motors) Limited 31/12/2025 iXBRL

Company registration number: 01124349

SDP (Newmarket Motors) Limited

Unaudited filleted financial statements

31 December 2025

SDP (Newmarket Motors) Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

SDP (Newmarket Motors) Limited

Directors and other information


	Directors	Mr S.D. Phillips


	Company number	01124349


	Registered office	19a Roman Road
		Insgatestone
		Essex
		CM4 9AA


	Accountants	Hicks and Company
		Chartered Accountants
		First floor
		99 Bancroft
		Hitchin
		Hertfrdshire
		SG5 1NQ

SDP (Newmarket Motors) Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of SDP (Newmarket Motors) Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SDP (Newmarket Motors) Limited for the year ended 31 December 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm 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/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of SDP (Newmarket Motors) Limited, 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 SDP (Newmarket Motors) Limited and state those matters that we have agreed to state to the board of directors of SDP (Newmarket Motors) Limited 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 SDP (Newmarket Motors) Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that SDP (Newmarket Motors) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SDP (Newmarket Motors) Limited. You consider that SDP (Newmarket Motors) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SDP (Newmarket Motors) Limited. 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.

Hicks and Company

Chartered Accountants

First floor

99 Bancroft

Hitchin

Hertfrdshire

SG5 1NQ

14 September 2026

SDP (Newmarket Motors) Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	157,177		164,553
		_______		_______
			157,177		164,553

Current assets
Stocks		1,026,784		1,186,626
Debtors	6	338,805		265,184
Cash at bank and in hand		51,696		48,561
		_______		_______
		1,417,285		1,500,371
Creditors: amounts falling due
within one year	7	( 1,429,853)		( 1,413,488)
		_______		_______
Net current (liabilities)/assets			( 12,568)		86,883
			_______		_______
Total assets less current liabilities			144,609		251,436

Creditors: amounts falling due
after more than one year	8		( 95,926)		( 127,032)

Provisions for liabilities			( 25,584)		( 26,985)

			_______		_______
Net assets			23,099		97,419
			_______		_______

Capital and reserves
Called up share capital			1,600		1,600
Fair value reserve			20,024		20,024
Profit and loss account			1,475		75,795
			_______		_______
Shareholders funds			23,099		97,419
			_______		_______

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 14 September 2026 , and are signed on behalf of the board by:

Mr S.D. Phillips

Director

Company registration number: 01124349

SDP (Newmarket Motors) Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19a Roman Road, Insgatestone, Essex, CM4 9AA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a reducing balance basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a reducing balance basis.Lease income is recognised in profit or loss on a reducing balance basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a reducing balance basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Leasehold fittings	-	10 %	reducing balance
Plant and machinery	-	10 %	reducing balance
Fittings fixtures and equipment	-	10 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2024: 19 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£	£
Cost
At 1 January 2025	54,343	339,338	63,349	457,030
Additions	-	14,989	-	14,989
	_______	_______	_______	_______
At 31 December 2025	54,343	354,327	63,349	472,019
	_______	_______	_______	_______
Depreciation
At 1 January 2025	49,195	206,166	57,432	312,793
Charge for the year	172	1,640	237	2,049
	_______	_______	_______	_______
At 31 December 2025	49,367	207,806	57,669	314,842
	_______	_______	_______	_______
Carrying amount
At 31 December 2025	4,976	146,521	5,680	157,177
	_______	_______	_______	_______
At 31 December 2024	5,148	133,172	5,917	144,237
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	118,755	89,974
Other debtors	220,050	175,210
	_______	_______
	338,805	265,184
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	37,887	54,156
Trade creditors	80,560	65,427
Amounts owed to group undertakings and undertakings in which the company has a participating interest	73,260	17,472
Corporation tax	19,676	19,676
Social security and other taxes	74,337	120,663
Other creditors	1,144,133	1,136,094
	_______	_______
	1,429,853	1,413,488
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	71,344	109,229
Other creditors	24,582	17,803
	_______	_______
	95,926	127,032
	_______	_______

9. Contingent assets and liabilities

The company is liable under a cross guarantee given by Mortgage Debenture to the bankers of its holding company SDP Autos Limited. The total bank facility is £50,000.

10. Controlling party

The company is 100% subsidiary of SDP Autos Limited whos registered office is at 19a Roman Road, Ingatestone, Essex, CM4 9AA.