IRIS Accounts Production v23.3.0.418 01416984 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure014169842022-01-31014169842023-01-31014169842022-02-012023-01-31014169842021-01-31014169842021-02-012022-01-31014169842022-01-3101416984ns16:EnglandWales2022-02-012023-01-3101416984ns15:PoundSterling2022-02-012023-01-3101416984ns11:Director12022-02-012023-01-3101416984ns11:Director22022-02-012023-01-3101416984ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3101416984ns11:SmallEntities2022-02-012023-01-3101416984ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3101416984ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3101416984ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3101416984ns11:FullAccounts2022-02-012023-01-3101416984ns11:OrdinaryShareClass12022-02-012023-01-3101416984ns11:CompanySecretary12022-02-012023-01-3101416984ns11:RegisteredOffice2022-02-012023-01-3101416984ns6:CurrentFinancialInstruments2023-01-3101416984ns6:CurrentFinancialInstruments2022-01-3101416984ns6:ShareCapital2023-01-3101416984ns6:ShareCapital2022-01-3101416984ns6:RevaluationReserve2023-01-3101416984ns6:RevaluationReserve2022-01-3101416984ns6:RetainedEarningsAccumulatedLosses2023-01-3101416984ns6:RetainedEarningsAccumulatedLosses2022-01-3101416984ns6:LongLeaseholdAssetsns6:LandBuildings2022-02-012023-01-3101416984ns6:LandBuildings2022-01-3101416984ns6:LongLeaseholdAssetsns6:LandBuildings2022-01-3101416984ns6:LandBuildings2022-02-012023-01-3101416984ns6:LandBuildings2023-01-3101416984ns6:LongLeaseholdAssetsns6:LandBuildings2023-01-3101416984ns6:LandBuildings2022-01-3101416984ns6:LongLeaseholdAssetsns6:LandBuildings2022-01-3101416984ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3101416984ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3101416984ns6:WithinOneYear2023-01-3101416984ns6:WithinOneYear2022-01-3101416984ns11:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 01416984 (England and Wales)















MOTORITE (NORTHWICH) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023






MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOTORITE (NORTHWICH) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: S J Lee
P A Lee



SECRETARY: S J Lee



REGISTERED OFFICE: Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU



REGISTERED NUMBER: 01416984 (England and Wales)



BANKERS: Barclays Bank plc
31 High Street
Northwich
Cheshire
CW9 5BW

MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 167,426 169,805

CURRENT ASSETS
Debtors 5 76,267 74,724
Cash at bank 325,571 313,530
401,838 388,254
CREDITORS
Amounts falling due within one year 6 8,489 22,307
NET CURRENT ASSETS 393,349 365,947
TOTAL ASSETS LESS CURRENT
LIABILITIES

560,775

535,752

CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Revaluation reserve 50,000 50,000
Profit and loss account 505,775 480,752
SHAREHOLDERS' FUNDS 560,775 535,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)

BALANCE SHEET - continued
31 JANUARY 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2023 and were signed on its behalf by:




P A Lee - Director



S J Lee - Director


MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Motorite (Northwich) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents sales made and services provided in the year excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Site (inc. workshop) - 2% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Site
(inc.
Land workshop) Totals
£    £    £   
COST OR VALUATION
At 1 February 2022
and 31 January 2023 100,320 118,925 219,245
DEPRECIATION
At 1 February 2022 - 49,440 49,440
Charge for year - 2,379 2,379
At 31 January 2023 - 51,819 51,819
NET BOOK VALUE
At 31 January 2023 100,320 67,106 167,426
At 31 January 2022 100,320 69,485 169,805

Cost or valuation at 31 January 2023 is represented by:

Site
(inc.
Land workshop) Totals
£    £    £   
Valuation in 1985 - 50,000 50,000
Cost 100,320 68,925 169,245
100,320 118,925 219,245

If the site (including workshop) had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 68,925 68,925
Aggregate depreciation 26,077 24,698

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 70,797 70,830
Other debtors 3,387 2,000
Prepayments 2,083 1,894
76,267 74,724

MOTORITE (NORTHWICH) LIMITED (REGISTERED NUMBER: 01416984)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 341 408
Social security and other taxes - 10,033
Directors' current accounts 6,489 9,457
Accruals and deferred income 1,659 2,409
8,489 22,307

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
5,000 Ordinary £1 5,000 5,000