Registration number: 07782860

Mathers Motor Company Ltd

trading as Any Vehicle

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Mathers Motor Company Ltd

trading as Any Vehicle

Company Information

Director

Mr Karl Anthony Stuart Mather

Registered office

Colne Road Kelbrook Barnoldswick Lancashire England BB18 6TE

Mathers Motor Company Ltd

trading as Any Vehicle

(Registration number: 07782860)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	280,832	340,946
Current assets
Stocks	6	309,116	336,476
Debtors	7	16,514	8,875
Cash at bank and in hand		3,792	3,173
		329,422	348,524
Creditors: Amounts falling due within one year	8	(454,878)	(429,155)
Net current liabilities		(125,456)	(80,631)
Total assets less current liabilities		155,376	260,315
Creditors: Amounts falling due after more than one year	8	(151,952)	(201,328)
Provisions for liabilities		(1,482)	(13,837)
Net assets		1,942	45,150
Capital and reserves
Called up share capital		1	1
Retained earnings		1,941	45,149
Shareholders' funds		1,942	45,150

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Mathers Motor Company Ltd

trading as Any Vehicle

(Registration number: 07782860)
Balance Sheet as at 31 January 2026

Approved and authorised by the director on 30 October 2026
 

......................................... Mr Karl Anthony Stuart Mather Director

Mathers Motor Company Ltd

trading as Any Vehicle

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Colne Road
Kelbrook
Barnoldswick
Lancashire
BB18 6TE
England

These financial statements were authorised for issue by the director on 30 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Mathers Motor Company Ltd

trading as Any Vehicle

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

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Plant and machinery	25% Reducing balance - Straight line over 3 years
Motor vehicles	25% Reducing balance
Land and buildings	Straight line over 50 years

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website	Straight line over 3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Mathers Motor Company Ltd

trading as Any Vehicle

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Mathers Motor Company Ltd

trading as Any Vehicle

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

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

Mathers Motor Company Ltd

trading as Any Vehicle

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

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 February 2025	45,000	45,000
At 31 January 2026	45,000	45,000
Amortisation
At 1 February 2025	45,000	45,000
At 31 January 2026	45,000	45,000
Carrying amount
At 31 January 2026	-	-

Mathers Motor Company Ltd

trading as Any Vehicle

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

5	Tangible assets

	Land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	307,662	29,561	173,333	510,556
Additions	-	666	-	666
Disposals	-	-	(104,729)	(104,729)
At 31 January 2026	307,662	30,227	68,604	406,493
Depreciation
At 1 February 2025	49,197	26,756	93,657	169,610
Charge for the year	6,143	994	7,172	14,309
Eliminated on disposal	-	-	(58,258)	(58,258)
At 31 January 2026	55,340	27,750	42,571	125,661
Carrying amount
At 31 January 2026	252,322	2,477	26,033	280,832
At 31 January 2025	258,465	2,805	79,676	340,946

Included within the net book value of land and buildings above is £252,322 (2025 - £258,465) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Finished goods and goods for resale	309,116	336,476

7

Debtors

	Note	2026 £	2025 £
Trade debtors		6,364	2,453
Amounts owed by related parties		4,750	-
Other debtors		5,400	6,422
		16,514	8,875

Mathers Motor Company Ltd

trading as Any Vehicle

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

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	68,810	97,230
Trade creditors		55,307	51,783
Other creditors		330,761	280,142
		454,878	429,155

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	151,952	201,328

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	151,952	167,040
Hire purchase contracts	-	34,288
	151,952	201,328

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	14,249	13,410
Bank overdrafts	20,276	22,410
Hire purchase contracts	34,285	61,410
	68,810	97,230