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Company Registration No. 10419519 (England and Wales)
Motrans Ltd Unaudited accounts for the year ended 31 March 2022
Motrans Ltd Unaudited accounts Contents
Page
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Motrans Ltd Company Information for the year ended 31 March 2022
Director
Dean Billy Morris
Company Number
10419519 (England and Wales)
Registered Office
Mccue House, 70 Wilton Road Wilton Road Industrial Estate Humberston Grimsby DN36 4AW
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Motrans Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,638,326 
1,395,963 
Current assets
Inventories
11,079 
26,999 
Debtors
637,928 
530,821 
Cash at bank and in hand
1 
16 
649,008 
557,836 
Creditors: amounts falling due within one year
(1,139,914)
(884,236)
Net current liabilities
(490,906)
(326,400)
Total assets less current liabilities
1,147,420 
1,069,563 
Creditors: amounts falling due after more than one year
(1,007,666)
(947,391)
Provisions for liabilities
Deferred tax
(21,274)
(21,402)
Net assets
118,480 
100,770 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
118,479 
100,769 
Shareholders' funds
118,480 
100,770 
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2022 and were signed on its behalf by
Dean Billy Morris Director Company Registration No. 10419519
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Motrans Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Motrans Ltd is a private company, limited by shares, registered in England and Wales, registration number 10419519. The registered office is Mccue House, 70 Wilton Road, Wilton Road Industrial Estate, Humberston, Grimsby, DN36 4AW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% RB
Motor vehicles
20% RB
Fixtures & fittings
15% RB
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Motrans Ltd Notes to the Accounts for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2021
1,860,124 
Additions
1,113,317 
Disposals
(903,515)
At 31 March 2022
2,069,926 
Depreciation
At 1 April 2021
464,161 
Charge for the year
266,565 
Surplus on revaluation
(299,126)
At 31 March 2022
431,600 
Net book value
At 31 March 2022
1,638,326 
At 31 March 2021
1,395,963 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
250,660 
302,658 
Amounts due from group undertakings etc.
994 
- 
Accrued income and prepayments
138,080 
3,163 
Other debtors
248,194 
225,000 
637,928 
530,821 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
119,466 
52,118 
VAT
79,628 
10,811 
Obligations under finance leases and hire purchase contracts
487,924 
421,246 
Trade creditors
281,446 
81,472 
Taxes and social security
89,546 
88,908 
Other creditors
55,039 
225,681 
Accruals
25,365 
4,000 
Deferred income
1,500 
- 
1,139,914 
884,236 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
101,999 
143,000 
Obligations under finance leases and hire purchase contracts
905,667 
804,391 
1,007,666 
947,391 
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Motrans Ltd Notes to the Accounts for the year ended 31 March 2022
8
Loans to directors
As at 31st March 2022 the director owed the company £242,694. Interest is charged on the loan at 2.5% per annum. There is no S455 tax charge as the balance will be cleared within 9 months of the year end.
9
Average number of employees
During the year the average number of employees was 40 (2021: 40).
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