HIGHLAND VEHICLES LTD

Company Registration Number:
04349013 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

HIGHLAND VEHICLES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

HIGHLAND VEHICLES LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 2,319 18,670
Total fixed assets: 2,319 18,670
Current assets
Stocks: 897,216 992,615
Debtors: 4 142,233 137,467
Cash at bank and in hand: 6,460 132,615
Total current assets: 1,045,909 1,262,697
Creditors: amounts falling due within one year: 5 (730,051) (822,907)
Net current assets (liabilities): 315,858 439,790
Total assets less current liabilities: 318,177 458,460
Creditors: amounts falling due after more than one year: 6 (163,731) (224,564)
Total net assets (liabilities): 154,446 233,896
Capital and reserves
Called up share capital: 199 199
Profit and loss account: 154,247 233,697
Shareholders funds: 154,446 233,896

The notes form part of these financial statements

HIGHLAND VEHICLES LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 November 2025
and signed on behalf of the board by:

Name: Richard Ellor
Status: Director

The notes form part of these financial statements

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Leasehold land and buildings over the lease term Plant and machinery 25% written down value Fixtures, fittings, tools and equipment 25% written down value

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 4 4

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 54,741
Disposals (33,104)
At 31 March 2025 21,637
Depreciation
At 01 April 2024 36,071
Charge for year 774
On disposals (17,527)
At 31 March 2025 19,318
Net book value
At 31 March 2025 2,319
At 31 March 2024 18,670

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2025 2024 £ £ Bank loans and overdrafts 89,400 62,000 Obligations under finance lease and HP 41,137 - Trade creditors 553,112 716,944 Taxation and social security costs 4,533 23,643 Deposits held 5,000 5,288 Other creditors 36,869 15,032 730,051 822,907

HIGHLAND VEHICLES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

Creditors: amounts falling due after one year 2025 2024 £ £ Bank loans 163,731 224,564