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Registered number: 09991322
S J Rayner (Cars) Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Pinfields Limited Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 09991322
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 34,937
Tangible Assets 5 341,735 366,308
341,735 401,245
CURRENT ASSETS
Stocks 6 1,045,668 1,069,467
Debtors 7 18,716 28,920
Cash at bank and in hand 217,610 132,711
1,281,994 1,231,098
Creditors: Amounts Falling Due Within One Year 8 (727,292 ) (717,041 )
NET CURRENT ASSETS (LIABILITIES) 554,702 514,057
TOTAL ASSETS LESS CURRENT LIABILITIES 896,437 915,302
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,625 ) (26,525 )
NET ASSETS 882,812 888,777
CAPITAL AND RESERVES
Called up share capital 10 1 1
Share premium account 349,369 349,369
Income Statement 533,442 539,407
SHAREHOLDERS' FUNDS 882,812 888,777
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr S Rayner
Director
19/08/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S J Rayner (Cars) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09991322 . The registered office is Meryll House, 57 Worcester Road, Bromsgrove, Worcestershire, B61 7DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Premises Improvements 2.5% per annum staright line
Plant & Machinery 25% on Reducing Balance
Fixtures & Fittings 25% on Reducing Balance
Computer Equipment 33% on cost
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2025: 10)
9 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2025 349,369
As at 31 January 2026 349,369
Amortisation
As at 1 February 2025 314,432
Provided during the period 34,937
As at 31 January 2026 349,369
...CONTINUED
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Net Book Value
As at 31 January 2026 -
As at 1 February 2025 34,937
5. Tangible Assets
Land & Property
Leasehold Premises Improvements Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 322,653 32,836 165,733 5,959 527,181
Additions - - 3,616 - 3,616
As at 31 January 2026 322,653 32,836 169,349 5,959 530,797
Depreciation
As at 1 February 2025 32,265 28,429 96,062 4,117 160,873
Provided during the period 8,067 1,101 18,322 699 28,189
As at 31 January 2026 40,332 29,530 114,384 4,816 189,062
Net Book Value
As at 31 January 2026 282,321 3,306 54,965 1,143 341,735
As at 1 February 2025 290,388 4,407 69,671 1,842 366,308
6. Stocks
2026 2025
£ £
Stock 1,045,668 1,069,467
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 1,273 10,089
Other debtors 17,443 18,831
18,716 28,920
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 91,512 44,633
Other creditors 608,120 597,423
Taxation and social security 27,660 74,985
727,292 717,041
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2025 26,525 26,525
Deferred taxation (12,900 ) (12,900 )
Balance at 31 January 2026 13,625 13,625
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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