Company No: 05875160 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	M Dummer
	M Glazier

REGISTERED OFFICE	Amk Building
	Mill Lane Passfield
	Liphook
	GU30 7RP
	United Kingdom

COMPANY NUMBER

05875160 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	30.11.2025		30.04.2025
		£		£
Fixed assets
Tangible assets	4	3,454,958		3,359,458
Investments	5	104		104
		3,455,062		3,359,562
Current assets
Stocks	6	21,107		21,107
Debtors	7	1,966,064		975,583
Cash at bank and in hand	8	308,821		715,168
		2,295,992		1,711,858
Creditors: amounts falling due within one year	9	( 1,751,766)		( 1,529,285)
Net current assets		544,226		182,573
Total assets less current liabilities		3,999,288		3,542,135
Creditors: amounts falling due after more than one year	10	( 2,278,651)		( 1,882,157)
Provision for liabilities	11	( 416,830)		( 372,618)
Net assets		1,303,807		1,287,360
Capital and reserves
Called-up share capital		20,000		20,000
Capital redemption reserve		10,000		10,000
Profit and loss account		1,273,807		1,257,360
Total shareholders' funds		1,303,807		1,287,360

For the financial period ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of AMK Chauffeur Drive Limited (registered number: 05875160) were approved and authorised for issue by the Board of Directors on 28 October 2026. They were signed on its behalf by:

M Dummer Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

AMK Chauffeur Drive Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Amk Building, Mill Lane Passfield, Liphook, GU30 7RP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The accounts have been prepared for a seven month period to 30 November 2025, while the comparatives were for a 17 month period ending 30 April 2025. The change of year end for business purposes.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the reporting date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the reporting date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
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.

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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher or an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGU's). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Statement of Financial Position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Provisions

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probably and a reliable estimate can be made.

Provisions are measured at the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2. Employees

	7 month period to 30.11.2025		17 month period to 30.04.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	412		410

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 May 2025	1,624,570		1,624,570
At 30 November 2025	1,624,570		1,624,570
Accumulated amortisation
At 01 May 2025	1,624,570		1,624,570
At 30 November 2025	1,624,570		1,624,570
Net book value
At 30 November 2025	0		0
At 30 April 2025	0		0

4. Tangible assets

	Land and buildings		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 May 2025	1,293,135		6,372,951		295,265		7,961,351
Additions	0		470,574		11,116		481,690
Disposals	0		( 184,307)		( 25,982)		( 210,289)
At 30 November 2025	1,293,135		6,659,218		280,399		8,232,752
Accumulated depreciation
At 01 May 2025	216,041		4,207,683		178,169		4,601,893
Charge for the financial period	15,085		337,292		20,903		373,280
Disposals	0		( 171,399)		( 25,980)		( 197,379)
At 30 November 2025	231,126		4,373,576		173,092		4,777,794
Net book value
At 30 November 2025	1,062,009		2,285,642		107,307		3,454,958
At 30 April 2025	1,077,094		2,165,268		117,096		3,359,458

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 May 2025	104		104
At 30 November 2025	104		104
Carrying value at 30 November 2025	104		104
Carrying value at 30 April 2025	104		104

6. Stocks

	30.11.2025		30.04.2025
	£		£
Stocks	21,107		21,107

7. Debtors

	30.11.2025		30.04.2025
	£		£
Trade debtors	1,929,721		923,445
Prepayments	0		2,541
VAT recoverable	36,002		11,895
Other debtors	341		37,702
	1,966,064		975,583

8. Cash and cash equivalents

	30.11.2025		30.04.2025
	£		£
Cash at bank and in hand	308,821		715,168

9. Creditors: amounts falling due within one year

	30.11.2025		30.04.2025
	£		£
Bank loans	87,140		87,140
Trade creditors	111,580		79,991
Amounts owed to directors	485		13,576
Accruals	179,228		69,954
Corporation tax	123,465		77,468
Other taxation and social security	231,090		268,378
Obligations under finance leases and hire purchase contracts	551,330		484,730
Other creditors	467,448		448,048
	1,751,766		1,529,285

There are no amounts included above in respect of which any security has been given by the small entity.

10. Creditors: amounts falling due after more than one year

	30.11.2025		30.04.2025
	£		£
Bank loans	1,199,262		884,246
Obligations under finance leases and hire purchase contracts	1,079,389		997,911
	2,278,651		1,882,157

The hire purchase liabilities of £1,079,389 (2025: - £997,911) are secured over the assets to which they relate.

The bank loan is a mortgage secured on the freehold property known as AMK Building, Mill Lane, Liphook, Hampshire of £1,199,262 (2025: - £884,246)

11. Deferred tax

	30.11.2025		30.04.2025
	£		£
At the beginning of financial period	( 372,618)		( 261,147)
Charged to the Statement of Income and Retained Earnings	( 44,212)		( 111,471)
At the end of financial period	( 416,830)		( 372,618)

12. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contribution payable by the Company to the fund and amounted to £3,098 (2025: £3,841). There are no contributions payable to the fund at the reporting date