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Registered number: 10579452
Testers Autos Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10579452
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,130 7,881
12,130 7,881
CURRENT ASSETS
Stocks 5 227,728 323,316
Debtors 6 40,836 1,413
Cash at bank and in hand 86,973 1,002
355,537 325,731
Creditors: Amounts Falling Due Within One Year 7 (313,918 ) (271,188 )
NET CURRENT ASSETS (LIABILITIES) 41,619 54,543
TOTAL ASSETS LESS CURRENT LIABILITIES 53,749 62,424
Creditors: Amounts Falling Due After More Than One Year 8 (76,123 ) (75,332 )
NET LIABILITIES (22,374 ) (12,908 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (22,376 ) (12,910 )
SHAREHOLDERS' FUNDS (22,374) (12,908)
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 Profit and Loss Account.
On behalf of the board
Mr Cameron Tester
Director
26th October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Testers Autos Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10579452 . The registered office is Unit Mp4 Newbourne Road, Martlesham, Woodbridge, Suffolk, IP12 4PR.
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 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. 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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.4. 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.
2.5. 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.
...CONTINUED
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2.5. Taxation - continued
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.
2.6. Going Concern
These accounts have been prepared on the going concern basis as the directors have reviewed future cash flows and believe there will be sufficient funds to meet liabilities as these are due.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 8,851 3,000 1,417 1,579 14,847
Additions - 6,000 374 - 6,374
As at 31 January 2026 8,851 9,000 1,791 1,579 21,221
Depreciation
As at 1 February 2025 4,245 938 481 1,302 6,966
Provided during the period 1,152 515 320 138 2,125
As at 31 January 2026 5,397 1,453 801 1,440 9,091
Net Book Value
As at 31 January 2026 3,454 7,547 990 139 12,130
As at 1 February 2025 4,606 2,062 936 277 7,881
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5. Stocks
2026 2025
£ £
Stock 227,728 323,316
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 39,389 -
Other debtors 1,447 1,413
40,836 1,413
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 74,816 7,465
Bank loans and overdrafts 49,209 37,108
Other creditors 173,146 225,616
Taxation and social security 16,747 999
313,918 271,188
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 76,123 75,332
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
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