PH Motors (Leigh) Limited 05951091 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is motor vehicle repairs and servicing Digita Accounts Production Advanced 6.30.9574.0 true 05951091 2022-10-01 2023-09-30 05951091 2023-09-30 05951091 core:RetainedEarningsAccumulatedLosses 2023-09-30 05951091 core:ShareCapital 2023-09-30 05951091 core:CurrentFinancialInstruments 2023-09-30 05951091 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 05951091 core:FurnitureFittingsToolsEquipment 2023-09-30 05951091 core:MotorVehicles 2023-09-30 05951091 bus:SmallEntities 2022-10-01 2023-09-30 05951091 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 05951091 bus:FullAccounts 2022-10-01 2023-09-30 05951091 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 05951091 bus:RegisteredOffice 2022-10-01 2023-09-30 05951091 bus:Director1 2022-10-01 2023-09-30 05951091 bus:Director2 2022-10-01 2023-09-30 05951091 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 05951091 bus:Agent1 2022-10-01 2023-09-30 05951091 core:FurnitureFittingsToolsEquipment 2022-10-01 2023-09-30 05951091 core:MotorVehicles 2022-10-01 2023-09-30 05951091 core:PlantMachinery 2022-10-01 2023-09-30 05951091 countries:EnglandWales 2022-10-01 2023-09-30 05951091 2022-09-30 05951091 core:FurnitureFittingsToolsEquipment 2022-09-30 05951091 core:MotorVehicles 2022-09-30 05951091 2021-10-01 2022-09-30 05951091 2022-09-30 05951091 core:RetainedEarningsAccumulatedLosses 2022-09-30 05951091 core:ShareCapital 2022-09-30 05951091 core:CurrentFinancialInstruments 2022-09-30 05951091 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 05951091 core:FurnitureFittingsToolsEquipment 2022-09-30 05951091 core:MotorVehicles 2022-09-30 iso4217:GBP xbrli:pure

Company registration number: 05951091

PH Motors (Leigh) Limited

Filleted Unaudited Financial Statements

for the Year Ended 30 September 2023

 

PH Motors (Leigh) Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

PH Motors (Leigh) Limited

Company Information

Directors

Mr PA Holcroft

Mrs D Holcroft

Registered office

3 Medway Close
Leigh
Lancashire
WN7 3QT

Accountants

BK Plus Limited
Chartered Certified Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
PH Motors (Leigh) Limited
for the Year Ended 30 September 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PH Motors (Leigh) Limited for the year ended 30 September 2023 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of PH Motors (Leigh) Limited, as a body, in accordance with the terms of our engagement letter dated 18 June 2020. Our work has been undertaken solely to prepare for your approval the accounts of PH Motors (Leigh) Limited and state those matters that we have agreed to state to the Board of Directors of PH Motors (Leigh) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PH Motors (Leigh) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that PH Motors (Leigh) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PH Motors (Leigh) Limited. You consider that PH Motors (Leigh) 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 accounts of PH Motors (Leigh) 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 accounts.

......................................

BK Plus Limited
Chartered Certified Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

15 April 2024

 

PH Motors (Leigh) Limited

(Registration number: 05951091)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,227

2,857

Current assets

 

Stocks

861

888

Debtors

5

1,797

1,743

Cash at bank and in hand

 

3,497

3,524

 

6,155

6,155

Creditors: Amounts falling due within one year

6

(4,697)

(4,882)

Net current assets

 

1,458

1,273

Total assets less current liabilities

 

3,685

4,130

Provisions for liabilities

(423)

(543)

Net assets

 

3,262

3,587

Capital and reserves

 

Called up share capital

100

100

Retained earnings

3,162

3,487

Shareholders' funds

 

3,262

3,587

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 13 April 2024 and signed on its behalf by:
 

.........................................
Mr PA Holcroft
Director

   
     
 

PH Motors (Leigh) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Medway Close
Leigh
Lancashire
WN7 3QT

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover from motor vehicle repairs and servicing is recognised when the company has delivered the goods and services to the customer, and is net of rebates and discounts.

Tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax has not been discounted.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Plant and machinery

20% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2022 - 1).

 

PH Motors (Leigh) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2022

6,363

3,900

10,263

At 30 September 2023

6,363

3,900

10,263

Depreciation

At 1 October 2022

4,667

2,739

7,406

Charge for the year

340

290

630

At 30 September 2023

5,007

3,029

8,036

Carrying amount

At 30 September 2023

1,356

871

2,227

At 30 September 2022

1,696

1,161

2,857

5

Debtors

2023
£

2022
£

Trade debtors

555

576

Other debtors

1,242

1,167

1,797

1,743

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

-

60

Corporation tax

3,118

3,203

Other creditors

1,579

1,619

4,697

4,882