Company registration number 12796831 (England and Wales)
MUNICH MOTORWORKS UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
MUNICH MOTORWORKS UK LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
27,385
27,769
Current assets
123,037
80,379
Prepayments and accrued income
9,080
7,363
Creditors: amounts falling due within one year
(101,897)
(68,813)
Net current assets
30,220
18,929
Total assets less current liabilities
57,605
46,698
Creditors: amounts falling due after more than one year
(4,486)
(9,425)
Net assets
53,119
37,273
Capital and reserves
53,119
37,273
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases totalling £31,000 (2022 - £46,500)
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
4
3
Munich Motorworks UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 9, Harnham Trading Estate, Sailsbury, Wiltshire, United Kingdom, SP2 8NW.
For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MUNICH MOTORWORKS UK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2023
31 August 2023
- 2 -
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and we confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true
The financial statements were approved by the board of directors and authorised for issue on 17 October 2023 and are signed on its behalf by:
Mrs K Musselwhite
Director
Company registration number 12796831 (England and Wales)