In Car Products Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08096083

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		67,419		87,771

			67,419		87,771
CURRENT ASSETS
Stocks	5	250,000		250,000
Debtors	6	97,702		178,749
Cash at bank and in hand		4,170		8,441

		351,872		437,190
Creditors: Amounts Falling Due Within One Year	7	(422,339 )		(523,808 )

NET CURRENT ASSETS (LIABILITIES)			(70,467 )		(86,618 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,048 )		1,153

NET (LIABILITIES)/ASSETS			(3,048 )		1,153

CAPITAL AND RESERVES
Called up share capital	8		500		500
Profit and Loss Account			(3,548 )		653

SHAREHOLDERS' FUNDS			(3,048)		1,153

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In Car Products Limited

Balance Sheet (continued)

As At 29 September 2025

For the year ending 29 September 2025 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 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 Daniel Molyneux Director	Mr Gary Molyneux Director
23/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

In Car Products Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08096083 . The registered office is Unit 2 Priestley Business Centre, Priestley Street, Warrington, Cheshire, WA5 1TF.

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:

Leasehold	20% reducing balance
Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

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. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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In Car Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 10)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	48,007	34,125	85,137	18,067	185,336

As at 29 September 2025	48,007	34,125	85,137	18,067	185,336

Depreciation
As at 1 October 2024	32,927	20,322	29,193	15,123	97,565
Provided during the period	3,016	2,761	13,986	589	20,352

As at 29 September 2025	35,943	23,083	43,179	15,712	117,917

Net Book Value
As at 29 September 2025	12,064	11,042	41,958	2,355	67,419

As at 1 October 2024	15,080	13,803	55,944	2,944	87,771

5. Stocks

	2025	2024
	£	£
Stock	250,000	250,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	73,217	141,366
Other debtors	24,485	37,383

	97,702	178,749

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In Car Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	58,781	140,646
Bank loans and overdrafts	319,751	277,394
Other creditors	13,270	81,715
Taxation and social security	30,537	24,053

	422,339	523,808

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	500	500

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