Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-312022-11-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06736918 2022-11-01 2023-10-31 06736918 2021-11-01 2022-10-31 06736918 2023-10-31 06736918 2022-10-31 06736918 c:CompanySecretary1 2022-11-01 2023-10-31 06736918 c:Director1 2022-11-01 2023-10-31 06736918 c:Director2 2022-11-01 2023-10-31 06736918 c:RegisteredOffice 2022-11-01 2023-10-31 06736918 d:OfficeEquipment 2022-11-01 2023-10-31 06736918 d:OfficeEquipment 2023-10-31 06736918 d:OfficeEquipment 2022-10-31 06736918 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 06736918 d:CurrentFinancialInstruments 2023-10-31 06736918 d:CurrentFinancialInstruments 2022-10-31 06736918 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 06736918 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 06736918 d:ShareCapital 2023-10-31 06736918 d:ShareCapital 2022-10-31 06736918 d:RetainedEarningsAccumulatedLosses 2023-10-31 06736918 d:RetainedEarningsAccumulatedLosses 2022-10-31 06736918 c:FRS102 2022-11-01 2023-10-31 06736918 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 06736918 c:FullAccounts 2022-11-01 2023-10-31 06736918 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 06736918







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED






































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MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
 


 
COMPANY INFORMATION


Directors
M Hibberd 
A Hibberd 




Company secretary
M Hibberd



Registered number
06736918



Registered office
Unit 3 Chancery Gates Business Centre
St. Marys Road

Langley

Berkshire

SL3 7FL




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
REGISTERED NUMBER:06736918



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
263
392

  
263
392

Current assets
  

Debtors: amounts falling due within one year
 5 
39,045
4,355

Cash at bank and in hand
  
167,942
109,935

  
206,987
114,290

Creditors: amounts falling due within one year
 6 
(48,636)
(18,268)

Net current assets
  
 
 
158,351
 
 
96,022

Total assets less current liabilities
  
158,614
96,414

  

Net assets
  
158,614
96,414


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
158,314
96,114

  
158,614
96,414


Page 1

 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
REGISTERED NUMBER:06736918


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



M Hibberd
Director

Date: 3 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
 


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

1.


General information

Michael Hibberd Motor Engineers Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principle place of business is disclosed on the company information page.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is generated via the servicing of motor vehicles and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
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.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2022
1,385



At 31 October 2023

1,385



Depreciation


At 1 November 2022
993


Charge for the year on owned assets
129



At 31 October 2023

1,122



Net book value



At 31 October 2023
263



At 31 October 2022
392

Page 4

 


MICHAEL HIBBERD MOTOR ENGINEERS LIMITED
 


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

5.


Debtors

2023
2022
£
£


Trade debtors
27,572
1,990

Other debtors
11,473
2,365

39,045
4,355



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
10,106
8,748

Corporation tax
17,084
322

Other taxation and social security
16,111
6,429

Other creditors
2,835
569

Accruals and deferred income
2,500
2,200

48,636
18,268


Page 5