REGISTERED NUMBER: 09810523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 OCTOBER 2025

FOR

HIGH PEAK AUTOS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Goodwin

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

09810523 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

1,975

3,950

CURRENT ASSETS

Stocks

166,038

110,691

Debtors

5

39,135

44,173

Cash at bank

-

11,094

205,173

165,958

CREDITORS

Amounts falling due within one year

6

157,668

123,341

NET CURRENT ASSETS

47,505

42,617

TOTAL ASSETS LESS CURRENT LIABILITIES

49,480

46,567

PROVISIONS FOR LIABILITIES

375

-

NET ASSETS

49,105

46,567

CAPITAL AND RESERVES

Called up share capital

7

4

4

Retained earnings

49,101

46,563

SHAREHOLDERS' FUNDS

49,105

46,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2025 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 23 September 2026 and were signed by:

M S Goodwin - Director

1.	STATUTORY INFORMATION

High Peak Autos 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.

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 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.

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.

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 31 October 2024

and 30 October 2025

7,900

DEPRECIATION

At 31 October 2024

3,950

Charge for year

1,975

At 30 October 2025

5,925

NET BOOK VALUE

At 30 October 2025

1,975

At 30 October 2024

3,950

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/10/25

30/10/24

£

£

Trade debtors

29,095

36,225

Other debtors

2,300

-

Amounts due from related

undertakings

7,740

5,000

Directors' current accounts

-

2,948

39,135

44,173

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/10/25

30/10/24

£

£

Bank loans and overdrafts

40,492

-

Trade creditors

57,985

33,604

Tax

1,399

11,998

Social security and other taxes

-

953

VAT

19,915

10,793

Other creditors

10,000

17,041

Amounts owed to related undertakings

15,464

29,195

Directors' current accounts

9,692

-

Accrued expenses

2,721

19,757

157,668

123,341

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/10/25

30/10/24

value:

£

£

4

Ordinary

1

4

4

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 October 2025 and 30 October 2024:

30/10/25

30/10/24

£

£

M S Goodwin

Balance outstanding at start of year

2,948

5,569

Amounts advanced

49,905

25,939

Amounts repaid

(62,545

)

(28,560

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,692

)

2,948

9.	RELATED PARTY DISCLOSURES

During the year to 30 October 2025, monies were loaned from and repaid to Carchat Ltd, a company registered in England & Wales and under common control.

As at 30 October 2025, the balance outstanding to Carchat Ltd was £10,064 (2024: £22,195).

During the year, monies were loaned from High Peak Apparel Ltd, a company registered in England and Wales and considered a related party of the company, by virtue of common control.

As at 30 October 2025, the balance outstanding to High Peak Apparel Ltd was £5,400 (2024: £7,000).

The loans are repayable on demand and no interest is charged on outstanding amounts.

During the year to 30 October 2025, monies were loaned to Millrose Holdings Limited, a company registered in England & Wales and under common control.

As at 30 October 2025, the balance outstanding from Millrose Holdings Limited was £7,740 (2024: £5,000).