VFL AUTO LTD


Director	WOODALL, Glenn Kenneth


Registered Address	Yard 4 Courtney Street
	Hull
	HU8 7QF


Registered Number	11590599 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		2,493		9,088
			2,493		9,088
Current assets
Debtors	4	28,302		27,302
Cash at bank and on hand		13		137
		28,315		27,439
Creditors amounts falling due within one year	5	(69,941)		(76,725)
Net current assets (liabilities)			(41,626)		(49,286)
Total assets less current liabilities			(39,133)		(40,198)
Creditors amounts falling due after one year	6		(1,666)		(6,667)
Net assets			(40,799)		(46,865)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(40,801)		(46,867)
Shareholders' funds			(40,799)		(46,865)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 October 2026, and are signed on its behalf by:

WOODALL, Glenn Kenneth
Director
Registered Company No. 11590599

VFL AUTO LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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 and from the rendering of services.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	20

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Vehicles	Total
	£	£
Cost or valuation
At 01 February 25	33,702	33,702
Disposals	(18,843)	(18,843)
At 31 January 26	14,859	14,859
Depreciation and impairment
At 01 February 25	24,614	24,614
Charge for year	623	623
On disposals	(12,871)	(12,871)
At 31 January 26	12,366	12,366
Net book value
At 31 January 26	2,493	2,493
At 31 January 25	9,088	9,088

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	19,758	19,758
Other debtors	8,544	7,544
Total	28,302	27,302

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	65,526	76,125
Taxation and social security	3,935	-
Accrued liabilities and deferred income	480	600
Total	69,941	76,725

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	1,666	6,667
Total	1,666	6,667

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
WOODALL, Glenn Kenneth	7,543	0	1,156	6,387
	7,543	0	1,156	6,387

8.	Share capital
	2 Ordinary Shares

9.	Related party transactions
	During the year, the Company entered into transactions with related parties, being entities under common control, including DRT Hire Ltd and SLT Hire. At 31 January 2026, amounts due from related parties comprised £19,758 (2025: £19,758), all of which was due from DRT Hire Ltd. Amounts due to related parties comprised £65,526 (2025: £76,125), all of which was due to SLT Hire. These balances are unsecured, interest-free and repayable on demand.

Related party transactions

During the year, the Company entered into transactions with related parties, being entities under common control, including DRT Hire Ltd and SLT Hire.
 
At 31 January 2026, amounts due from related parties comprised £19,758 (2025: £19,758), all of which was due from DRT Hire Ltd. Amounts due to related parties comprised £65,526 (2025: £76,125), all of which was due to SLT Hire.
 
These balances are unsecured, interest-free and repayable on demand.