REGISTERED NUMBER: 08321225 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Grange Cars and Commercials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C R Swinscoe

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

08321225 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

529

860

Investment property

5

589,958

589,958

590,487

590,818

CURRENT ASSETS

Stocks

120,963

154,379

Debtors

6

20,023

25,853

Cash at bank

2,012,247

1,818,490

2,153,233

1,998,722

CREDITORS

Amounts falling due within one year

7

127,189

177,371

NET CURRENT ASSETS

2,026,044

1,821,351

TOTAL ASSETS LESS CURRENT LIABILITIES

2,616,531

2,412,169

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,616,431

2,412,069

SHAREHOLDERS' FUNDS

2,616,531

2,412,169

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 October 2026 and were signed by:

C R Swinscoe - Director

1.	STATUTORY INFORMATION

Grange Cars and Commercials 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of vehicles excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment.

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 equipment

- 15% on reducing balance

Computer equipment

- 33% on cost

Investment property

Investment property is not depreciated but is revalued annually at its fair value with any surplus or deficit reflected in the profit and loss account. Any aggregate surplus or deficit arising from changes in fair value is transferred to a fair value reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving items. Cost represents the invoiced value of vehicles purchased.

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

381

1,165

1,546

DEPRECIATION

At 1 February 2025

185

501

686

Charge for year

29

302

331

At 31 January 2026

214

803

1,017

NET BOOK VALUE

At 31 January 2026

167

362

529

At 31 January 2025

196

664

860

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

589,958

NET BOOK VALUE

At 31 January 2026

589,958

At 31 January 2025

589,958

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

589,958

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

589,958

589,958

Aggregate depreciation

(80,189

)

(68,390

)

Investment property was valued on a fair value basis on 31 January 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,750

19,417

Prepayments and accrued income

16,273

6,436

20,023

25,853

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,610

16,352

Tax

68,265

97,346

Social security and other taxes

28,337

27,496

Other creditors

2,152

1,177

Director's current account

17,025

29,350

Accruals and deferred income

7,800

5,650

127,189

177,371