Clever Car Collection Ltd

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

Registered number: 15303479

		31 March 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,555		3,000

			3,555		3,000
CURRENT ASSETS
Stocks		128,831		55,620
Debtors		59,445		7,628
Cash at bank and in hand		39,494		52,217

		227,770		115,465
Creditors: Amounts Falling Due Within One Year		(154,140 )		(58,190 )

NET CURRENT ASSETS (LIABILITIES)			73,630		57,275

TOTAL ASSETS LESS CURRENT LIABILITIES			77,185		60,275

PROVISIONS FOR LIABILITIES
Provisions For Charges			(6,000 )		(3,000 )
Deferred Taxation			(675 )		(735 )

NET ASSETS			70,510		56,540

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			70,410		56,440

SHAREHOLDERS' FUNDS			70,510		56,540

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Clever Car Collection Ltd

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr James Baggott

Director

23/10/2026

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

1. General Information

Clever Car Collection Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15303479 . The registered office is 1-2 Warrior Court, C/O Wood Hicks, Mumby Road, Gosport, Hants, PO12 1BS.

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 represents net invoiced sales of motor services, repairs, MOT tests and second hand motor vehicles, excluding value added tax and trade discounts.

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:

Leasehold improvements	4 year straight line
Plant & Machinery	4 year straight line
Fixtures & Fittings	4 year straight line
Computer Equipment	4 year straight line

2.4. Stocks and Work in Progress

Vehicle stock is valued at the lower of cost and estimated selling price less costs to complete and sell.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

...CONTINUED

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Clever Car Collection Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

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 year 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

The average number of persons employed under contracts of service during the year was: NIL (2025: NIL)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	3,105
Additions	1,647

As at 31 March 2026	4,752

Depreciation
As at 1 April 2025	105
Provided during the period	1,092

As at 31 March 2026	1,197

Net Book Value
As at 31 March 2026	3,555

As at 1 April 2025	3,000

5. Share Capital

	31 March 2026	31 March 2025
	£	£
Allotted, Called up and fully paid	100	100

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Clever Car Collection Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

6. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as follows:

	31 March 2026	31 March 2025
	£	£
Not later than one year	-	7,197

	-	7,197

7. Related Party Transactions

Blackball Media Limited

A loan of £127,508 was made to Clever Car Collection Ltd during the accounting period by Blackball Media Limited, a company in which key management personel has significant influence and control. The loan was repaid in full in the year and was repayable on demand. Interest was payable on the outstanding balance at a rate of 2% above the Bank of England base rate p.a. The total interest payable on the outstanding balance throughout the period was £2,668.79 (2025: £45.14).

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