Company registration number: 04031931
Annual report and unaudited financial statements
for the year ended 31 July 2026
for
Britannia Auto Centre Ltd
Pages for filing with the Registrar
Company registration number: 04031931
Britannia Auto Centre Ltd
Balance sheet
as at 31 July 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 437,659 313,896
437,659 313,896
Current assets
Stocks 121 121
Debtors 8,041 269,727
Cash at bank and in hand 163,863 68,041
172,025 337,889
Creditors: amounts falling due within one year
117,790 (129,597)
Net current assets 289,815 208,292
Total assets less current liabilities 727,474 522,188
Creditors: Amounts falling due after more than one year
(128,833) -
NET ASSETS 598,641 522,188
Capital and reserves
Called up share capital 100 100
Profit and loss account 598,541 522,088
TOTAL EQUITY 598,641 522,188
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04031931
Britannia Auto Centre Ltd
Balance sheet - continued
as at 31 July 2026
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 to the Registrar.
Signed by:
Mr E Thorius, Director
23 October 2026
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Britannia Auto Centre Ltd
Notes to the financial statements
for the year ended 31 July 2026
1 Company information
Britannia Auto Centre Ltd is a private company registered in England and Wales. Its registered number is 04031931. The company is limited by shares. Its registered office is 3 Boldon Lane, Sunderland, Tyne and Wear, SR6 7RH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Britannia Auto Centre Ltd
Notes to the financial statements - continued
for the year ended 31 July 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2025 - 5).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 August 2025 305,362 112,258 417,620
Additions - 171,741 171,741
At 31 July 2026 305,362 283,999 589,361
Depreciation
At 1 August 2025 14,360 89,364 103,724
Charge for year - 47,978 47,978
At 31 July 2026 14,360 137,342 151,702
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Britannia Auto Centre Ltd
Notes to the financial statements - continued
for the year ended 31 July 2026
4 Tangible fixed assets - continued
Net book value
At 31 July 2026 291,002 146,657 437,659
At 31 July 2025 291,002 22,894 313,896
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