Company Registration No. SC051184 (Scotland)
Sports Tune Motor Company Limited
Unaudited accounts
for the year ended 31 January 2026
Sports Tune Motor Company Limited
Statement of financial position
as at 31 January 2026
Tangible assets
370,515
388,852
Investment property
860,724
900,962
Cash at bank and in hand
369,331
189,872
Creditors: amounts falling due within one year
(90,132)
(79,423)
Net current assets
337,932
164,595
Total assets less current liabilities
1,609,734
1,501,158
Provisions for liabilities
Deferred tax
(17,674)
(19,346)
Net assets
1,592,060
1,481,812
Called up share capital
56,999
56,999
Share premium
20,001
20,001
Profit and loss account
1,515,060
1,404,812
Shareholders' funds
1,592,060
1,481,812
For the year ending 31 January 2026 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 7 October 2026 and were signed on its behalf by
John William Ferguson
Director
Company Registration No. SC051184
Sports Tune Motor Company Limited
Notes to the Accounts
for the year ended 31 January 2026
Sports Tune Motor Company Limited is a private company, limited by shares, registered in Scotland, registration number SC051184. The registered office is SETON MAINS, LONGNIDDRY, EAST LOTHIAN, EH32 0PG.
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:
Land & buildings
over 50 years
Plant & machinery
over 5 years useful life
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2025
345,698
267,733
13,800
92,456
719,687
Additions
-
1,250
-
-
1,250
At 31 January 2026
345,698
268,983
13,800
92,456
720,937
At 1 February 2025
58,673
259,938
2,760
9,464
330,835
Charge for the year
9,536
2,668
2,760
4,623
19,587
At 31 January 2026
68,209
262,606
5,520
14,087
350,422
At 31 January 2026
277,489
6,377
8,280
78,369
370,515
At 31 January 2025
287,025
7,795
11,040
82,992
388,852
Fair value at 1 February 2025
900,962
At 31 January 2026
860,724
Sports Tune Motor Company Limited
Notes to the Accounts
for the year ended 31 January 2026
6
Investments
Other investments
Valuation at 1 February 2025
46,749
Valuation at 31 January 2026
40,563
Amounts falling due within one year
Trade debtors
3,286
(2,636)
8
Investments held as current assets
2026
2025
Unlisted investments
55,447
56,782
9
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
34,735
7,818
Loans from directors
53,977
70,220
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).