Car Electrical (UK) Limited - Filleted accounts

Registered number

07279804

Car Electrical (UK) Limited

Filleted Accounts

31 January 2026

Car Electrical (UK) Limited
Registered number:		07279804
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		3,286			5,652

Current assets
Stocks		37,487			38,178
Debtors	5	20,018			19,319
Cash at bank and in hand		214,117			182,580
		271,622			240,077

Creditors: amounts falling due within one year	6	(177,408)			(160,239)

Net current assets			94,214			79,838

Total assets less current liabilities			97,500			85,490

Creditors: amounts falling due after more than one year	7		-			(3,711)

Provisions for liabilities			(789)			(1,353)


Net assets			96,711			80,426

Capital and reserves
Called up share capital			480			480
Profit and loss account			96,231			79,946

Shareholders' funds			96,711			80,426

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr T Robson
Director
Approved by the board on 7 October 2026

Car Electrical (UK) Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 auto electrics services and the sale of associated electrical parts. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from auto elctrics 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.

	Intangible fixed assets
	Intangible fixed assets were measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture and fixtures			over 5 years
	Plant, machinery and equipment			over 2 to 4 years
	Motor vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		4


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2025							80,000
	At 31 January 2026							80,000

	Amortisation
	At 1 February 2025							80,000
	At 31 January 2026							80,000

	Net book value
	At 31 January 2026							-

	Goodwill was wrote off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Furniture and fixtures		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	9,631		25,216		41,018		75,865
	At 31 January 2026	9,631		25,216		41,018		75,865

	Depreciation
	At 1 February 2025	8,180		21,016		41,017		70,213
	Charge for the year	614		1,751		1		2,366
	At 31 January 2026	8,794		22,767		41,018		72,579

	Net book value
	At 31 January 2026	837		2,449		-		3,286
	At 31 January 2025	1,451		4,200		1		5,652


5	Debtors					2026		2025
£							£

	Trade debtors					9,235		10,019
	Other debtors					10,783		9,300
						20,018		19,319


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					9,349		18,191
	Trade creditors					14,614		13,999
	Directors loan accounts					105,334		80,882
	Accruals					263		-
	Taxation and social security costs					47,848		47,167
						177,408		160,239


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		3,711


8	Other information

	Car Electrical (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	5 Maxwell Street
	South Shields
	Tyne and Wear
	NE33 4PU