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REGISTERED NUMBER: 11096461 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

M.p.t. Auto'S Ltd

M.p.t. Auto'S Ltd (Registered number: 11096461)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


M.p.t. Auto'S Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: H S Lalli





SECRETARY:





REGISTERED OFFICE: Sams Auto Services Middlemore Lane
Aldridge
Walsall
West Midlands
WS9 8SP





REGISTERED NUMBER: 11096461 (England and Wales)





ACCOUNTANTS: Skeh Accountants Limited
61B
Caroline Street
The Jewellery Quarter
Birmingham
West Midlands
B3 1UF

M.p.t. Auto'S Ltd (Registered number: 11096461)

Report of the Director
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Motor Repair's and Motor body repairs

DIRECTOR
H S Lalli held office during the whole of the period from 1 January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





H S Lalli - Director


8 February 2024

M.p.t. Auto'S Ltd (Registered number: 11096461)

Income Statement
for the Year Ended 31 December 2023

31.12.23 31.12.22
£    £   

TURNOVER 286,471 210,189

Cost of sales 155,493 139,546
GROSS PROFIT 130,978 70,643

Administrative expenses 86,299 88,666
OPERATING PROFIT/(LOSS) 44,679 (18,023 )

Interest receivable and similar
income

202

149
44,881 (17,874 )

Interest payable and similar expenses 4,049 5,381
PROFIT/(LOSS) BEFORE
TAXATION

40,832

(23,255

)

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE
FINANCIAL YEAR

40,832

(23,255

)

M.p.t. Auto'S Ltd (Registered number: 11096461)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,374 12,374

CURRENT ASSETS
Debtors 5 25,376 (3,354 )
Cash at bank and in hand 35,002 60,967
60,378 57,613
CREDITORS
Amounts falling due within one year 6 71,162 104,852
NET CURRENT LIABILITIES (10,784 ) (47,239 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,590

(34,865

)

CREDITORS
Amounts falling due after more than
one year

7

25,627

30,004
NET LIABILITIES (24,037 ) (64,869 )

RESERVES
Retained earnings (24,037 ) (64,869 )
(24,037 ) (64,869 )

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

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

M.p.t. Auto'S Ltd (Registered number: 11096461)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 8 February 2024 and were signed by:





H S Lalli - Director


M.p.t. Auto'S Ltd (Registered number: 11096461)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M.p.t. Auto'S Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

M.p.t. Auto'S Ltd (Registered number: 11096461)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 12,374
NET BOOK VALUE
At 31 December 2023 12,374
At 31 December 2022 12,374

5. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 25,263 (3,467 )

Amounts falling due after more than one year:
Other debtors 113 113

Aggregate amounts 25,376 (3,354 )

M.p.t. Auto'S Ltd (Registered number: 11096461)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2,684 43,106
Finance leases (2,095 ) (1,144 )
Trade creditors 37,212 38,622
Taxation and social security 7,407 (436 )
Other creditors 25,954 24,704
71,162 104,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 25,623 30,000
Other creditors 4 4
25,627 30,004