REGISTERED NUMBER: 06126017 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

A.L.S. AUTOS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Summersgill

Mrs L Summersgill

Mrs S J Coppard

SECRETARY:

A Summersgill

REGISTERED OFFICE:

Downham Garage

23A Main Street

Little Downham

Ely

Cambridgeshire

CB6 2ST

REGISTERED NUMBER:

06126017 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Intangible assets

4

18,650

22,380

Tangible assets

5

128,022

103,368

146,672

125,748

CURRENT ASSETS

Stocks

432,588

428,455

Debtors

6

178,114

172,097

Cash at bank and in hand

34,068

39,546

644,770

640,098

CREDITORS

Amounts falling due within one year

7

293,661

268,793

NET CURRENT ASSETS

351,109

371,305

TOTAL ASSETS LESS CURRENT LIABILITIES

497,781

497,053

CREDITORS

Amounts falling due after more than one year

8

(94,752

)

(70,374

)

PROVISIONS FOR LIABILITIES

(31,000

)

(26,000

)

NET ASSETS

372,029

400,679

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

372,027

400,677

SHAREHOLDERS' FUNDS

372,029

400,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2026 and were signed on its behalf by:

A Summersgill - Director

Mrs L Summersgill - Director

1.	STATUTORY INFORMATION

A.L.S. Autos Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Vehicles on consignment are included within stock where there has been a transfer of the significant risks and reward of ownership which in substance gives the company control over the consignment vehicles. The corresponding liability is included in vehicle stocking loans within creditors.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Consolidation

The parent company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2025 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

37,300

AMORTISATION

At 1 April 2025

14,920

Amortisation for year

3,730

At 31 March 2026

18,650

NET BOOK VALUE

At 31 March 2026

18,650

At 31 March 2025

22,380

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

12,189

81,598

25,493

119,280

Additions

4,081

45,611

1,660

51,352

At 31 March 2026

16,270

127,209

27,153

170,632

DEPRECIATION

At 1 April 2025

5,006

-

10,906

15,912

Charge for year

2,271

20,400

4,027

26,698

At 31 March 2026

7,277

20,400

14,933

42,610

NET BOOK VALUE

At 31 March 2026

8,993

106,809

12,220

128,022

At 31 March 2025

7,183

81,598

14,587

103,368

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

81,598

Additions

45,611

At 31 March 2026

127,209

DEPRECIATION

Charge for year

20,400

At 31 March 2026

20,400

NET BOOK VALUE

At 31 March 2026

106,809

At 31 March 2025

81,598

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

18,633

15,143

Amounts owed by group undertakings

102,612

78,462

Other debtors

56,869

78,492

178,114

172,097

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,675

10,019

Hire purchase contracts (see note 9)

19,337

11,788

Trade creditors

148,953

138,792

Taxation and social security

94,104

81,322

Other creditors

29,592

26,872

293,661

268,793

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,672

Hire purchase contracts (see note 9)

94,752

68,702

94,752

70,374

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

19,337

11,788

Between one and five years

94,752

68,702

114,089

80,490

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

114,089

80,490

Assets acquired under hire purchase agreements remain the property of the finance company until the agreement is complete.

11.	GROUP COMPANY

At the year end, an interest free loan amounting to £102,612 (2025 - £78,462) was owed from a group company.