Warwickshire Specialist Cars Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 13883456

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,744		2,741

			10,744		2,741
CURRENT ASSETS
Stocks		37,811		30,350
Debtors		21,587		11,349
Cash at bank and in hand		793		604

		60,191		42,303
Creditors: Amounts Falling Due Within One Year		(145,986 )		(94,105 )

NET CURRENT ASSETS (LIABILITIES)			(85,795 )		(51,802 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(75,051 )		(49,061 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,041 )		(521 )

NET LIABILITIES			(77,092 )		(49,582 )

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			(77,192 )		(49,682 )

SHAREHOLDERS' FUNDS			(77,092)		(49,582)

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Warwickshire Specialist Cars Limited

Abridged Balance Sheet (continued)

As At 31 January 2026

For the 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.

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 January 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr J Keymer

Director

12 October 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Warwickshire Specialist Cars Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13883456 . The registered office is 16a Cross Street, Leamington Spa, Warwickshire, CV32 4PX.

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

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:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Computer Equipment	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks, and including repair works on unsold stocks.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. 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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.6. Going Concern

The director has pledged his continuing support to the company and has agreed not to withdraw his directors loan account, currently £96,504, until the company has sufficient funds to do so without prejudicing any other creditor.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 1)

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Warwickshire Specialist Cars Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Total
	£
Cost
As at 1 February 2025	4,821
Additions	11,843
Disposals	(2,500 )

As at 31 January 2026	14,164

Depreciation
As at 1 February 2025	2,080
Provided during the period	2,560
Disposals	(1,220 )

As at 31 January 2026	3,420

Net Book Value
As at 31 January 2026	10,744

As at 1 February 2025	2,741

5. Share Capital

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

6. Directors Advances, Credits and Guarantees

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