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Registered number: 06940237
Fine Car Detailing Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
TaxAssist Accountants
Chartered Accountants
714 London Road
Larkfield
KENT
ME20 6BL
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06940237
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,191 19,505
11,191 19,505
CURRENT ASSETS
Debtors 5 25,053 2,860
Cash at bank and in hand 354 354
25,407 3,214
Creditors: Amounts Falling Due Within One Year 6 (36,406 ) (17,884 )
NET CURRENT ASSETS (LIABILITIES) (10,999 ) (14,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES 192 4,835
Creditors: Amounts Falling Due After More Than One Year 7 (27,844 ) (5,840 )
NET LIABILITIES (27,652 ) (1,005 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (27,752 ) (1,105 )
SHAREHOLDERS' FUNDS (27,652) (1,005)
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Page 2
For the year ending 30 June 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 Income Statement.
On behalf of the board
Ross Grindley
Director
31st August 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fine Car Detailing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06940237 . The registered office is Unit 15 Bircholt Road, Maidstone, KENT, ME15 9GQ.
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. Going Concern Disclosure
The company incurred a loss during the year. Notwithstanding this, the director has reviewed the company's current financial position, expected future trading performance and cash flow requirements.
The director expects the company's trading performance to improve and believes that the company will return to profitability in future periods. The director is committed to continuing the business and considers that the company will have sufficient resources to meet its liabilities as they fall due.
Accordingly, the director considers it appropriate to prepare the financial statements on the going concern basis.
2.3. 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.
2.4. 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:
Plant & Machinery 20% Straight line
Fixtures & Fittings 25% Straight line
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2.5. 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 year, 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 year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2025 12,990 24,564 37,554
As at 30 June 2026 12,990 24,564 37,554
Depreciation
As at 1 July 2025 3,248 14,801 18,049
Provided during the period 2,598 5,716 8,314
As at 30 June 2026 5,846 20,517 26,363
Net Book Value
As at 30 June 2026 7,144 4,047 11,191
As at 1 July 2025 9,742 9,763 19,505
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5. Debtors
2026 2025
£ £
Due within one year
Other debtors 19,588 2,860
Due after more than one year
Other debtors 5,465 -
25,053 2,860
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 7,028 6,321
Other creditors 8,037 950
Taxation and social security 21,341 10,613
36,406 17,884
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 4,580 5,840
Other loans 23,264 -
27,844 5,840
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2025 Amounts advanced Amounts repaid Amounts written off As at 30 June 2026
£ £ £ £ £
Mr Ross Grindley 2,860 12,426 - - 15,286
The above loan is unsecured, interest free and repayable on demand.
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