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Registered number: 08122236
S & R Motors (Greenbridge) Limited
Unaudited Financial Statements
For the Period 1 November 2024 to 30 April 2026
Kenyon & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08122236
30 April 2026 31 October 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,884 8,512
Tangible Assets 5 29,531 21,505
37,415 30,017
CURRENT ASSETS
Stocks 6 2,461,026 1,469,289
Debtors 7 55,287 24,523
Cash at bank and in hand 11,123 31,678
2,527,436 1,525,490
Creditors: Amounts Falling Due Within One Year 8 (2,371,391 ) (1,349,352 )
NET CURRENT ASSETS (LIABILITIES) 156,045 176,138
TOTAL ASSETS LESS CURRENT LIABILITIES 193,460 206,155
Creditors: Amounts Falling Due After More Than One Year 9 (110,166 ) (130,674 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,094 ) (4,094 )
NET ASSETS 79,200 71,387
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 79,100 71,287
SHAREHOLDERS' FUNDS 79,200 71,387
Page 1
Page 2
For the period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Anees Nenshi
Director
25 September 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S & R Motors (Greenbridge) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08122236 . The registered office is 31-33 Bridge End Road, Stratton, Swindon, Wiltshire, SN3 4PD.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. 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 10% reducing balance
Plant & Machinery 15%-20% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
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2.7. 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.
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 period, 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 period was: 9 (2024: 4)
9 4
4. Intangible Assets
Other
£
Cost
As at 1 November 2024 9,229
As at 30 April 2026 9,229
Amortisation
As at 1 November 2024 717
Provided during the period 628
As at 30 April 2026 1,345
Net Book Value
As at 30 April 2026 7,884
As at 1 November 2024 8,512
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Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 November 2024 37,989 19,837 57,826
Additions 2,150 12,952 15,102
As at 30 April 2026 40,139 32,789 72,928
Depreciation
As at 1 November 2024 24,466 11,855 36,321
Provided during the period 2,142 4,934 7,076
As at 30 April 2026 26,608 16,789 43,397
Net Book Value
As at 30 April 2026 13,531 16,000 29,531
As at 1 November 2024 13,523 7,982 21,505
6. Stocks
30 April 2026 31 October 2024
£ £
Stock 2,461,026 1,469,289
7. Debtors
30 April 2026 31 October 2024
£ £
Due within one year
Trade debtors 35,101 5,663
Prepayments and accrued income 3,191 1,865
Corporation tax recoverable assets 16,995 16,995
55,287 24,523
8. Creditors: Amounts Falling Due Within One Year
30 April 2026 31 October 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,673 9,874
Trade creditors 907,760 571,447
Bank loans and overdrafts 81,510 83,047
Other loans 590,919 15,000
Corporation tax 38,402 57,694
Other taxes and social security 13,331 4,266
VAT 99,552 40,102
Other creditors - 389,848
...CONTINUED
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Credit card 9,283 9,777
Accruals and deferred income 15,267 13,268
Director's loan account 502,755 139,079
Payments on account 102,939 15,950
2,371,391 1,349,352
9. Creditors: Amounts Falling Due After More Than One Year
30 April 2026 31 October 2024
£ £
Net obligations under finance lease and hire purchase contracts 93,096 107,403
Bank loans 17,070 23,271
110,166 130,674
10. Obligations Under Finance Leases and Hire Purchase
30 April 2026 31 October 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,673 9,874
Later than one year and not later than five years 93,096 107,403
102,769 117,277
102,769 117,277
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