3060437falsethat of vehicle sales and MOT and vehicle servicing, all of which is carried out within the United Kingdom2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 3060437

BARTS MOTORS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

BARTS MOTORS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Joseph Anthony Robert Bartolo
SECRETARY
Daniel Bartolo
REGISTERED OFFICE
M.O.T. CENTRE
WALKMILL LANE
BRIDGTOWN
STAFFORDSHIRE
WS11 3LN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 3060437
BANKERS
BARCLAYS BANK UK PLC
SOLICITORS
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

BARTS MOTORS LIMITED

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

BARTS MOTORS LIMITED

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets331,68124,483
CURRENT ASSETS
Stock4,6956,600
Debtors520,56419,447
Cash at bank and in hand29,97948,325
55,23874,372
CREDITORS: Amounts falling due within one year625,77627,308
NET CURRENT ASSETS29,46247,064
TOTAL ASSETS LESS CURRENT LIABILITIES61,14371,547
CREDITORS: Amounts falling due after more than one year724,74433,040
PROVISIONS FOR LIABILITIES AND CHARGES9-77
NET ASSETS36,39938,430
CAPITAL AND RESERVES
Called up share capital1022
Profit and loss account36,39738,428
SHAREHOLDERS' FUNDS36,39938,430
For the year ending 31/03/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/10/2023 and signed on their behalf by
.............................
Joseph Anthony Robert Bartolo
Director

BARTS MOTORS LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Plant And Machinerystraight line10%
Fixtures And Fittingsstraight line10%
Equipmentstraight line10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

BARTS MOTORS LIMITED

1f. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/20226,0006,000
At 31/03/20236,0006,000
Depreciation
At 01/04/20226,0006,000
At 31/03/20236,0006,000
Net Book Amounts
At 31/03/2023--
3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsEquipmentTotal
££££
Cost
At 01/04/202243,74412,6233,91660,283
Additions8,0803,21430411,598
Disposals(1,400)-(400)(1,800)
At 31/03/202350,42415,8373,82070,081
Depreciation
At 01/04/202231,4503,1101,24035,800
Disposals(1,400)-(400)(1,800)
For the year2,5001,5004004,400
At 31/03/202332,5504,6101,24038,400
Net Book Amounts
At 31/03/202317,87411,2272,58031,681
At 31/03/202212,2949,5132,67624,483

BARTS MOTORS LIMITED

4. STOCK 20232022
££
Stock comprises:
Stock4,6956,600
4,6956,600
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors17,38515,142
Salaries and wages control314-
Prepayments2,8654,305
20,56419,447
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax43,217
VAT7,9314,122
PAYE control1,2071,153
Salaries and wages control-1,134
Directors current account3,6516,499
Bank Loan1,2301,230
Trade creditors2,0781,278
Accruals9,6758,675
25,77627,308
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr1,1182,204
Barclays Bank UK plc - Bounce back Loan >1yr23,62630,836
24,74433,040

BARTS MOTORS LIMITED

8. EMPLOYEES
20232022
No.No.
Average number of employees43
Key management personnel is restricted to that of the director.
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation-77
-77
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
11. OTHER FINANCIAL COMMITMENTS
At 31/03/2023 the company was committed to making the following payments under non-cancellable operating leases:
20232022
££
Operating Leases which expire:
Within one year9,6009,600
Within two to five years49,1751,444
12. CONTROLLING PARTY
The company is wholly owned by the director Mr J A R Bartolo.

BARTS MOTORS LIMITED

13. RELATED PARTY TRANSACTIONS
The director Mr J A R Bartolo received a dividend of £ 1,000 in the year to 31 March 2023 (2022 - £ 4,000).
14. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in the purchase and sale of used vehicles and the servicing and MOT of motor vehicles. All of its activities are carried out within the United Kingdom.
15. GENERAL INFORMATION
Barts Motors Limited is a private company limited by shares and incorporated in England. Its registered office is M.O.T. Centre, Walkmill Lane, Bridgtown, Staffordshire, WS11 3LN.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.