Company Registration No. 11052516 (England and Wales)
Stocks Sports Cars Ltd
Unaudited accounts
for the year ended 31 December 2025
Stocks Sports Cars Ltd
Unaudited accounts
Contents
Stocks Sports Cars Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
34,762
44,036
Inventories
77,504
133,200
Cash at bank and in hand
49,634
10,841
Creditors: amounts falling due within one year
(6,808)
(46,365)
Net current assets
122,819
99,198
Total assets less current liabilities
157,581
143,234
Provisions for liabilities
Deferred tax
(7,444)
(6,694)
Net assets
150,137
136,540
Called up share capital
100
100
Profit and loss account
150,037
136,440
Shareholders' funds
150,137
136,540
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2026 and were signed on its behalf by
M A Waite
Director
Company Registration No. 11052516
Stocks Sports Cars Ltd
Notes to the Accounts
for the year ended 31 December 2025
Stocks Sports Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 11052516. The registered office is NM Business Suites, Abacus House Station Yard, Needham Market, Suffolk, IP6 8AS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
Computer equipment
33% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Stocks Sports Cars Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
67,382
957
68,339
At 31 December 2025
67,382
957
68,339
At 1 January 2025
23,346
957
24,303
Charge for the year
9,274
-
9,274
At 31 December 2025
32,620
957
33,577
At 31 December 2025
34,762
-
34,762
At 31 December 2024
44,036
-
44,036
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3
-
Loans from directors
5,905
41,365
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).