REGISTERED NUMBER: 13219855 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

OURCAR LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Chester

J M Seaton

S J Twidale

C Marshall

Mrs A M Marshall

REGISTERED OFFICE:

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

REGISTERED NUMBER:

13219855 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Business Advisors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

346,297

Tangible assets

4

362,297

50

Investments

5

50

346,347

362,347

CURRENT ASSETS

250,617

Stocks

311,363

212,877

Debtors

6

509,383

22,560

Cash at bank and in hand

72,632

486,054

893,378

CREDITORS

736,868

Amounts falling due within one year

7

1,033,172

(250,814

)

NET CURRENT LIABILITIES

(139,794

)

95,533

TOTAL ASSETS LESS CURRENT LIABILITIES

222,553

CREDITORS

(7,216

)

Amounts falling due after more than one year

8

(120,546

)

(25,445

)

PROVISIONS FOR LIABILITIES

(29,446

)

62,872

NET ASSETS

72,561

CAPITAL AND RESERVES

125

Called up share capital

125

39,261

Revaluation reserve

9

39,261

23,486

Retained earnings

33,175

62,872

72,561

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

S J Twidale - Director

1.	STATUTORY INFORMATION

Ourcar 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 etc

-

15% on reducing balance and 10% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

Totals

buildings

etc

£

£

£

COST

At 1 March 2025

363,310

244,515

118,795

Additions

28,784

-

28,784

At 28 February 2026

392,094

244,515

147,579

DEPRECIATION

At 1 March 2025

17,013

-

17,013

Charge for year

12,784

-

12,784

At 28 February 2026

29,797

-

29,797

NET BOOK VALUE

At 28 February 2026

362,297

244,515

117,782

At 28 February 2025

346,297

244,515

101,782

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2025

and 28 February 2026

50

NET BOOK VALUE

At 28 February 2026

50

At 28 February 2025

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

495,197

187,782

Other debtors

14,186

25,095

509,383

212,877

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

30,000

-

Trade creditors

284,649

225,461

Taxation and social security

93,476

20,306

Other creditors

625,047

491,101

1,033,172

736,868

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

120,000

-

Other creditors

546

7,216

120,546

7,216

9.

RESERVES

Revaluation

reserve

£

At 1 March 2025

and 28 February 2026

39,261