REGISTERED NUMBER: 09382520 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Tangerine Cars Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

A C W Totten

REGISTERED OFFICE:

Room 2

1st Floor

7 Bligh's Walk

Sevenoaks

Kent

TN13 1DB

REGISTERED NUMBER:

09382520 (England and Wales)

ACCOUNTANTS:

Amherst Accountancy

Room 2

1st Floor

7 Bligh's Walk

Sevenoaks

Kent

TN13 1DB

FIXED ASSETS

Intangible assets

4

-

7,280

Tangible assets

5

19,655

35,097

Investments

6

(748,000

)

(675,000

)

(728,345

)

(632,623

)

CURRENT ASSETS

Stocks

19,000

-

Debtors

7

71,974

56,523

Cash at bank

11,767

23,093

102,741

79,616

CREDITORS

Amounts falling due within one year

8

204,285

131,114

NET CURRENT LIABILITIES

(101,544

)

(51,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(829,889

)

(684,121

)

PROVISIONS FOR LIABILITIES

3,735

6,668

NET LIABILITIES

(833,624

)

(690,789

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

(833,625

)

(690,790

)

SHAREHOLDERS' FUNDS

(833,624

)

(690,789

)

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2026 and were signed by:

A C W Totten - Director

1.	STATUTORY INFORMATION

Tangerine Cars Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on cost

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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

42,828

AMORTISATION

At 1 February 2025

35,548

Charge for year

7,280

At 31 January 2026

42,828

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

7,280

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

234,014

Additions

2,524

At 31 January 2026

236,538

DEPRECIATION

At 1 February 2025

198,917

Charge for year

17,966

At 31 January 2026

216,883

NET BOOK VALUE

At 31 January 2026

19,655

At 31 January 2025

35,097

6.	FIXED ASSET INVESTMENTS

Intercompany

loan with

Tangerine

Portfolio

Ltd

£

At 1 February 2025

(675,000

)

New in year

(73,000

)

At 31 January 2026

(748,000

)

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

643

5,395

Other debtors

71,331

51,128

71,974

56,523

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

444

2,383

Taxation and social security

125

-

Other creditors

203,716

128,731

204,285

131,114

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 February 2025

(690,790

)

Deficit for the year

(142,835

)

At 31 January 2026

(833,625

)

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed to its director, Mr A Totten, £203,016 (2025: £128,131). This loan is interest free and is repayable on demand.

There is also a loan in the accounts from Tangerine Portfolio Ltd, Mr A Totten is also a Director of this company. The balace of this loan is £748,000 (2025: £675,000)

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2026 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Amherst Accountancy

Room 2

1st Floor

7 Bligh's Walk

Sevenoaks

Kent

TN13 1DB

20 October 2026