Raunds Cars Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12732174

		31 January 2026		31 July 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,939		11,257

			2,939		11,257
CURRENT ASSETS
Stocks	5	8,965		20,295
Debtors	6	793		3,081
Cash at bank and in hand		71		210

		9,829		23,586
Creditors: Amounts Falling Due Within One Year	7	(14,045 )		(121,967 )

NET CURRENT ASSETS (LIABILITIES)			(4,216 )		(98,381 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,277 )		(87,124 )

Creditors: Amounts Falling Due After More Than One Year	8		(109,822 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(2,139 )

NET LIABILITIES			(111,099 )		(89,263 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(111,199 )		(89,363 )

SHAREHOLDERS' FUNDS			(111,099)		(89,263)

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Raunds Cars Ltd

Balance Sheet (continued)

As At 31 January 2026

For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Martin Boes

Director

28th October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Raunds Cars Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12732174 . The registered office is Unit 30, New Barn Farm, Brick Kiln Road, Raunds, Northamptonshire, NN9 6HY.

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. Going Concern Disclosure

The financial statements have been prepared on a going concern basis.

At 31 January 2026, the company had net liabilities of £111,099, net current liabilities of £4,216 and incurred a loss after taxation of £21,836 for the period. The company therefore remains reliant on the continuing financial support of its directors.

The directors have reviewed the company's expected trading and cash flow requirements and are taking action to reduce overheads, including reducing discretionary expenditure and moving to lower-cost premises.

The directors' loan accounts totalled £109,822 at the reporting date. These loans are unsecured and interest free and the directors have confirmed that they will not seek repayment for at least 12 months from the date of approval of these financial statements and intend to continue supporting the company during this period.

Material uncertainty related to going concern

The company's ability to continue as a going concern is dependent on future trading, the successful reduction of its operating costs and the continued financial support of the directors. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

Having considered the above, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore consider the going concern basis of preparation to remain appropriate.

2.3. Turnover

Turnover represents amounts receivable from the sale of second-hand motor vehicles and associated goods and services in the ordinary course of business, net of discounts, returns and value added tax.

Revenue from the sale of motor vehicles is recognised when control of the vehicle and the significant risks and rewards of ownership have transferred to the customer, which is normally when the sale is completed and the vehicle is handed over to the customer.

Revenue from vehicle repairs and other services is recognised as the services are provided.

Where eligible second-hand vehicles are sold under the VAT Margin Scheme, turnover represents the full selling price less the VAT payable on the margin.

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:

Fixtures & Fittings	Straight line over 5 years
Computer Equipment	Straight line over 5 years

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Raunds Cars Ltd

Notes to the Financial Statements (continued)

For the Period 1 August 2024 to 31 January 2026

2.5. Stocks and Work in Progress

Stocks comprise second-hand motor vehicles and associated goods held for resale and are stated at the lower of cost and estimated net realisable value.

Cost includes the purchase price of the vehicle together with directly attributable costs incurred in bringing the vehicle to its present location and condition for resale, where appropriate. Net realisable value represents the estimated selling price in the ordinary course of business less costs expected to be incurred in completing, preparing and selling the vehicle.

Appropriate provision is made for damaged, obsolete or slow-moving vehicle stock where the expected recoverable amount is below cost.

Where the company undertakes repair or other service work for customers which is incomplete at the reporting date, work in progress represents the costs attributable to that incomplete work, subject to recoverability.

2.6. Taxation

The taxation expense represents the sum of the corporation tax currently payable and any deferred tax.

The corporation tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus 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 in respect of all timing differences that have originated but not reversed at 31 January 2026.

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 period 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.

3. Average Number of Employees

Average number of employees, excluding directors, during the period was: NIL (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 August 2024	24,694	3,398	28,092

As at 31 January 2026	24,694	3,398	28,092

Depreciation
As at 1 August 2024	14,803	2,032	16,835
Provided during the period	7,392	926	8,318

As at 31 January 2026	22,195	2,958	25,153

Net Book Value
As at 31 January 2026	2,499	440	2,939

As at 1 August 2024	9,891	1,366	11,257

5. Stocks

	31 January 2026	31 July 2024
	£	£
Stock	8,965	20,295

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Raunds Cars Ltd

Notes to the Financial Statements (continued)

For the Period 1 August 2024 to 31 January 2026

6. Debtors

	31 January 2026	31 July 2024
	£	£
Due within one year
Trade debtors	-	1,400
Other debtors	793	1,681

	793	3,081

7. Creditors: Amounts Falling Due Within One Year

	31 January 2026	31 July 2024
	£	£
Trade creditors	3,130	2,940
Bank loans and overdrafts	-	2,407
Other creditors	2,400	111,643
Taxation and social security	8,515	4,977

	14,045	121,967

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	31 July 2024
	£	£
Other creditors	109,822	-

9. Share Capital

	31 January 2026	31 July 2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Related Party Transactions

During the period the directors provided financial support to the company through their directors' loan accounts. At the reporting date, amounts owed to the directors totalled £109,822.

The loans are unsecured, interest free and have no fixed date for repayment. The directors have confirmed that they do not intend to seek repayment of these amounts for at least 12 months from the date of approval of these financial statements. Accordingly, the amounts have been classified as creditors falling due after more than one year.

The directors have confirmed their intention to continue providing financial support to the company for the foreseeable future.

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