Registered Number:07605305 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Bryn Motor Company Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Bryn Motor Company Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
12,599
15,792
3
12,599
15,792
27,015
-
4
Trade and other receivables |
19,309
30,176
5
55,565
Cash and cash equivalents |
29,577
59,753
101,889
Trade and other payables: amounts falling due within one year |
(94,472)
(76,671)
6
7,417
(16,918)
Net current liabilities
Total assets less current liabilities |
(4,319)
23,209
Trade and other payables: amounts falling due after more than |
one year |
(190,559)
(155,260)
7
(159,579)
Net liabilities
(167,350)
4
2
80,417
72,648
(240,000)
(240,000)
(159,579)
(167,350)
Shareholders' funds
For the year ended 31 May 2023 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 September 2023 and were signed by: |
1 of 5
For the year ended 31 May 2023
Bryn Motor Company Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 May 2023
Bryn Motor Company Ltd
Notes to the Financial Statements
Statutory Information
Bryn Motor Company Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
07605305. |
Landgate Industrial Estate
Wigan Road
Wigan
WN4 0BW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
2. Intangible fixed assets |
Goodwill
113,822
113,822
113,822
113,822
-
-
3 of 5
For the year ended 31 May 2023
Bryn Motor Company Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment |
Motor Vehicles
51,915
2,760
4,850
44,305
44,305
4,850
2,760
51,915
Provision for depreciation and impairment |
36,123
2,052
4,160
29,911
Charge for year
3,193
142
173
2,878
39,316
2,194
4,333
32,789
11,516
517
566
12,599
14,394
690
708
15,792
2022
2023
-
27,015
5. Trade and other receivables |
2022
2023
26,420
16,986
3,756
2,323
19,309
30,176
6. Trade and other payables: amounts falling due within one year |
2022
2023
58,837
58,837
5,632
4,417
Taxation and social security |
11,479
25,622
723
5,596
76,671
94,472
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For the year ended 31 May 2023
Bryn Motor Company Ltd
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
155,260
190,559
8. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 6)
5 of 5