IRIS Accounts Production v23.1.0.753 01629711 director 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure016297112022-04-30016297112023-04-30016297112022-05-012023-04-30016297112021-04-30016297112021-05-012022-04-30016297112022-04-3001629711ns15:EnglandWales2022-05-012023-04-3001629711ns14:PoundSterling2022-05-012023-04-3001629711ns10:Director12022-05-012023-04-3001629711ns10:PrivateLimitedCompanyLtd2022-05-012023-04-3001629711ns10:SmallEntities2022-05-012023-04-3001629711ns10:AuditExemptWithAccountantsReport2022-05-012023-04-3001629711ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3001629711ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-3001629711ns10:FullAccounts2022-05-012023-04-3001629711ns10:RegisteredOffice2022-05-012023-04-3001629711ns5:CurrentFinancialInstruments2023-04-3001629711ns5:CurrentFinancialInstruments2022-04-3001629711ns5:Non-currentFinancialInstruments2023-04-3001629711ns5:Non-currentFinancialInstruments2022-04-3001629711ns5:ShareCapital2023-04-3001629711ns5:ShareCapital2022-04-3001629711ns5:RetainedEarningsAccumulatedLosses2023-04-3001629711ns5:RetainedEarningsAccumulatedLosses2022-04-3001629711ns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-012023-04-3001629711ns5:PlantMachinery2022-05-012023-04-3001629711ns5:FurnitureFittings2022-05-012023-04-3001629711ns5:MotorVehicles2022-05-012023-04-3001629711ns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-3001629711ns5:PlantMachinery2022-04-3001629711ns5:FurnitureFittings2022-04-3001629711ns5:MotorVehicles2022-04-3001629711ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3001629711ns5:PlantMachinery2023-04-3001629711ns5:FurnitureFittings2023-04-3001629711ns5:MotorVehicles2023-04-3001629711ns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-3001629711ns5:PlantMachinery2022-04-3001629711ns5:FurnitureFittings2022-04-3001629711ns5:MotorVehicles2022-04-3001629711ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-04-3001629711ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-05-012023-04-3001629711ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3001629711ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-04-3001629711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3001629711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3001629711ns5:Secured2023-04-3001629711ns5:Secured2022-04-30
REGISTERED NUMBER: 01629711 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

GRAHAM DIMMER M.O.T. CENTRE LIMITED

GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 8

GRAHAM DIMMER M.O.T. CENTRE LIMITED

COMPANY INFORMATION
for the year ended 30 April 2023







DIRECTOR: Mr R Shearing



REGISTERED OFFICE: 10 St Ann Street
Salisbury
Wiltshire



REGISTERED NUMBER: 01629711 (England and Wales)



ACCOUNTANTS: Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN



BANKERS: The Royal Bank of Scotland
Drummond House (BL) Branch
Drummond House
1 Redheughs Avenue
Edinburgh
EH12 9JN

GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

BALANCE SHEET
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,291 35,059

CURRENT ASSETS
Stocks 3,310 2,440
Debtors 5 36,083 150,401
Cash at bank and in hand 183,520 150,801
222,913 303,642
CREDITORS
Amounts falling due within one year 6 100,428 84,989
NET CURRENT ASSETS 122,485 218,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,776

253,712

CREDITORS
Amounts falling due after more than one
year

7

(70,598

)

(83,914

)

PROVISIONS FOR LIABILITIES (7,448 ) (6,661 )
NET ASSETS 82,730 163,137

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 9 82,710 163,117
SHAREHOLDERS' FUNDS 82,730 163,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2023 and were signed by:





Mr R Shearing - Director


GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2023

1. STATUTORY INFORMATION

Graham Dimmer M.O.T. Centre 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Parent company
Graham Dimmer MOT Centre Ltd is a wholly owned subsidiary of RKS (Salisbury) Ltd whose registered office is 10 St Ann Street, Salisbury, Wiltshire, SP1 2DN.

Revenue recognition
Revenue is measured at the fair value of consideration received or receivable for the provision of vehicle MOT services and repairs.

Revenue is recognised on the services provided when the work on a vehicle has been completed and the customer collects their vehicle from the MOT station at which time the significant risks and rewards associated with the work undertaken is transferred to the customer.

Profit is recognised on long term contracts when the final outcome can be assessed with reasonable certainty by including turnover and related costs within the profit and loss account dependent upon the stage of completion of the contract at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Stocks
The company holds a small stock of MOT consumables which are issued to jobs on a first in first out basis. Parts are purchased as required on a job by job basis.

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


GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired.

Cash and cash equivalents
These comprise cash at bank and other short-term highly liquid bank deposits with an original maturity of three months or less.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

Reserves

The movement in the fair value of plant and machinery and motor vehicles to open market value at the balance sheet date is recognised in a non distributable reserve. This reserve, which also contains depreciation and a deferred tax provision, may not be distributed to share holders.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 11 ) .

GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1 May 2022 56,544 182,401 8,519 10,917 258,381
Additions - 13,597 100 450 14,147
Disposals - (27,063 ) (55 ) - (27,118 )
At 30 April 2023 56,544 168,935 8,564 11,367 245,410
DEPRECIATION
At 1 May 2022 56,544 151,366 5,832 9,580 223,322
Charge for year - 8,742 546 334 9,622
Eliminated on disposal - (25,770 ) (55 ) - (25,825 )
At 30 April 2023 56,544 134,338 6,323 9,914 207,119
NET BOOK VALUE
At 30 April 2023 - 34,597 2,241 1,453 38,291
At 30 April 2022 - 31,035 2,687 1,337 35,059

Cost or valuation at 30 April 2023 is represented by:

Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 2016 - 57,950 - 1,829 59,779
Cost 56,544 110,985 8,564 9,538 185,631
56,544 168,935 8,564 11,367 245,410

Plant and machinery has been uplifted to fair value. The comparable amounts for plant and machinery at original cost were:
30.4.2330.4.22
£ £
135,209138,141
(100,990)(112,831)
34,219 25,310

Motor vehicles have been uplifted to fair value. The comparable amounts for motor vehicles at original cost were:
30.4.2330.4.22
£ £
7,5509,600
(6,276)(8,457)
1,2741,143

GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Plant and
machinery
£   
COST OR VALUATION
At 1 May 2022
and 30 April 2023 47,242
DEPRECIATION
At 1 May 2022 45,445
Charge for year 449
At 30 April 2023 45,894
NET BOOK VALUE
At 30 April 2023 1,348
At 30 April 2022 1,797

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 14,142 9,092
Other debtors 21,941 141,309
36,083 150,401

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 12,868 12,421
Trade creditors 44,577 27,935
Taxation and social security 35,771 38,199
Other creditors 7,212 6,434
100,428 84,989

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans 70,598 83,914

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 34,456 36,915

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Bank loans 83,466 96,335

The bank loan is secured by means of a fixed and floating charge over the assets of the company.

GRAHAM DIMMER M.O.T. CENTRE LIMITED (REGISTERED NUMBER: 01629711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

9. RESERVES

30.4.23 30.4.22
£ £

Distributable79,739157,691
Non-distributable3,2715,426
82,710163,117

Movement in Non-distributable reserve30.4.2330.4.22
£ £

Balance brought forward at the start of the year5,4267,064
Asset disposals(7,750)-
Fair value uplift--
Movement in depreciation5,111(2,022)
Movement in deferred tax484384
Balance carried forward at the end of the year 3,2715,426

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GRAHAM DIMMER M.O.T. CENTRE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Graham Dimmer M.O.T. Centre Limited for the year ended 30 April 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Graham Dimmer M.O.T. Centre Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Graham Dimmer M.O.T. Centre Limited and state those matters that we have agreed to state to the director of Graham Dimmer M.O.T. Centre Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Graham Dimmer M.O.T. Centre Limited and its director for our work or for this report.

It is your duty to ensure that Graham Dimmer M.O.T. Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Graham Dimmer M.O.T. Centre Limited. You consider that Graham Dimmer M.O.T. Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Graham Dimmer M.O.T. Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN


12 October 2023