REGISTERED NUMBER: 13725886 (England and Wales)

SMALLMAN HALL CLASSIC CARS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W Smallman

Mr R Hall

Mr TJ J Smallman

REGISTERED OFFICE:

Unit 2

Building 17

Stanmore Business Park

Bridgnorth

Shropshire

WV15 5HR

REGISTERED NUMBER:

13725886 (England and Wales)

ACCOUNTANTS:

Wallace Crooke

College House

St Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

4

62,505

33,575

CURRENT ASSETS

Stocks

6,620

6,800

Debtors

5

13,173

23,672

Cash at bank and in hand

11,625

50,406

31,418

80,878

CREDITORS

Amounts falling due within one year

6

36,199

61,199

NET CURRENT (LIABILITIES)/ASSETS

(4,781

)

19,679

TOTAL ASSETS LESS CURRENT LIABILITIES

57,724

53,254

CAPITAL AND RESERVES

Called up share capital

7

3

3

Retained earnings

57,721

53,251

SHAREHOLDERS' FUNDS

57,724

53,254

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Mr W Smallman - Director

1.	STATUTORY INFORMATION

Smallman Hall Classic Cars Ltd 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.

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 company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

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.

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

35,176

14,250

402

49,828

Additions

40,878

-

-

40,878

At 31 March 2026

76,054

14,250

402

90,706

DEPRECIATION

At 1 April 2025

9,653

6,445

155

16,253

Charge for year

9,960

1,951

37

11,948

At 31 March 2026

19,613

8,396

192

28,201

NET BOOK VALUE

At 31 March 2026

56,441

5,854

210

62,505

At 31 March 2025

25,523

7,805

247

33,575

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

13,030

13,943

Other debtors

143

9,729

13,173

23,672

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

(850

)

1,362

Amounts owed to participating interests

7,869

-

Taxation and social security

27,249

44,312

Other creditors

1,931

15,525

36,199

61,199

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3

Ordinary Shares

£1

3

3