REGISTERED NUMBER: 05884080 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 JULY 2024 TO 31 JULY 2025

FOR

BRIGHTON MOTORAMA LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

8,919

9,128

8,919

9,128

CURRENT ASSETS

Stocks

83,550

66,600

Debtors

7

189,416

228,584

Cash at bank

69,870

39,858

342,836

335,042

CREDITORS

Amounts falling due within one year

8

67,716

68,080

NET CURRENT ASSETS

275,120

266,962

TOTAL ASSETS LESS CURRENT LIABILITIES

284,039

276,090

PROVISIONS FOR LIABILITIES

9

2,230

2,282

NET ASSETS

281,809

273,808

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

280,809

272,808

SHAREHOLDERS' FUNDS

281,809

273,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2025 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

Mr G R Worms - Director

1.	STATUTORY INFORMATION

Brighton Motorama Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05884080

Registered office:

Bross Estate

New Road

Newhaven

East Sussex

BN9 0EH

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

33% on cost

All fixed assets are initially shown at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 12 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 July 2024

34,000

Disposals

(34,000

)

At 31 July 2025

-

AMORTISATION

At 31 July 2024

34,000

Eliminated on disposal

(34,000

)

At 31 July 2025

-

NET BOOK VALUE

At 31 July 2025

-

At 30 July 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 31 July 2024

31,644

24,600

1,484

57,728

Additions

2,398

-

-

2,398

At 31 July 2025

34,042

24,600

1,484

60,126

DEPRECIATION

At 31 July 2024

27,804

19,312

1,484

48,600

Charge for period

1,285

1,322

-

2,607

At 31 July 2025

29,089

20,634

1,484

51,207

NET BOOK VALUE

At 31 July 2025

4,953

3,966

-

8,919

At 30 July 2024

3,840

5,288

-

9,128

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,213

26,142

Other debtors

200

200

Directors' current account

126,759

148,377

Tax recoverable

53,304

53,304

Prepayments and accrued income

940

561

189,416

228,584

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

302

1,953

Corporation tax

25,806

33,415

PAYE and social security

2,263

2,222

VAT

28,933

27,326

Other creditors

7,842

397

Accruals and deferred income

2,570

2,767

67,716

68,080

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

2,230

2,282

Deferred

tax

£

Balance at 31 July 2024

2,282

Credit to Profit and loss account during period

(52

)

Balance at 31 July 2025

2,230

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

550

A Ordinary

£1

550

550

450

B Ordinary

£1

450

450

1,000

1,000

11.	OTHER FINANCIAL COMMITMENTS

During the year, the company entered a contract hire agreement for 60 months. The remaining contract term at the year end was 50 months of the sum £35,852.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest of £4,711 (2024: £6,485) has been charged on the overdrawn Directors' current account balance at the standard HMRC rate.

Amounts due from Mr G Worms at the balance sheet date total £126,759 (2024: £148,378). Amounts due are unsecured and repayable on demand. Interest has been charged using HM Revenue and Customs' beneficial loan rate.