Langley Autocraft Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04643652 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Langley Autocraft Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

P Bartley

N K Boothman

A T Marsh

SECRETARY:

N K Boothman

REGISTERED OFFICE:

Units AFG Happy Valley Industrial Estate

Primrose Hill

Kings Langley

WD4 8HD

REGISTERED NUMBER:

04643652 (England and Wales)

ACCOUNTANTS:

Stewarts Accountants Limited

271 High Street

Berkhamsted

Hertfordshire

HP4 1AA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Langley Autocraft Limited for the year ended 31 March 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Langley Autocraft Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Langley Autocraft Limited and state those matters that we have agreed to state to the Board of Directors of Langley Autocraft Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Langley Autocraft Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Langley Autocraft Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Langley Autocraft Limited. You consider that Langley Autocraft Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Langley Autocraft Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stewarts Accountants Limited

271 High Street

Berkhamsted

Hertfordshire

HP4 1AA

9 October 2026

FIXED ASSETS

Tangible assets

4

8,858

11,810

CURRENT ASSETS

Stocks

13,650

13,928

Debtors

5

69,092

37,827

Cash at bank and in hand

27,956

68,838

110,698

120,593

CREDITORS

Amounts falling due within one year

6

97,125

107,925

NET CURRENT ASSETS

13,573

12,668

TOTAL ASSETS LESS CURRENT
LIABILITIES

22,431

24,478

PROVISIONS FOR LIABILITIES

1,278

1,956

NET ASSETS

21,153

22,522

CAPITAL AND RESERVES

Called up share capital

125

Share premium

19,775

Retained earnings

1,253

2,622

SHAREHOLDERS' FUNDS

21,153

22,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by:

N K Boothman - Director

1.	STATUTORY INFORMATION

Langley Autocraft Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable for the provision of motor repair services during the year and is stated net of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

and 31 March 2026

36,920

8,357

24,137

1,729

71,143

DEPRECIATION

At 1 April 2025

30,028

6,069

22,437

799

59,333

Charge for year

1,723

572

425

232

2,952

At 31 March 2026

31,751

6,641

22,862

1,031

62,285

NET BOOK VALUE

At 31 March 2026

5,169

1,716

1,275

698

8,858

At 31 March 2025

6,892

2,288

1,700

930

11,810

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

24,567

30,758

Other debtors

4,000

-

Other debtors

34

Directors' current accounts

32,950

-

Prepayments

7,541

7,035

69,092

37,827

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

28,000

34,467

Corporation tax

22,236

25,335

Social security and other taxes

9,253

7,533

Pension contributions payable

1,453

1,378

VAT

34,100

27,368

Other creditors

132

Directors' current accounts

624

10,518

Accrued expenses

1,327

1,194

97,125

107,925

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

P Bartley

Balance outstanding at start of year

(3,578

)

(19,766

)

Amounts advanced

21,188

16,188

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

17,610

(3,578

)

N K Boothman

Balance outstanding at start of year

(6,628

)

(22,816

)

Amounts advanced

21,968

16,188

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

15,340

(6,628

)