GRAHAM BAKER MOTORS LIMITED

Company Registration Number:
03963174 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

GRAHAM BAKER MOTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

GRAHAM BAKER MOTORS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 415,534 409,348
Total fixed assets: 415,534 409,348
Current assets
Stocks: 102,648 91,648
Debtors:   84,297 77,087
Cash at bank and in hand: 11 22
Total current assets: 186,956 168,757
Creditors: amounts falling due within one year: 4 (197,169) (219,877)
Net current assets (liabilities): (10,213) (51,120)
Total assets less current liabilities: 405,321 358,228
Creditors: amounts falling due after more than one year: 5 (298,775) (292,829)
Total net assets (liabilities): 106,546 65,399
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 106,544 65,397
Shareholders funds: 106,546 65,399

The notes form part of these financial statements

GRAHAM BAKER MOTORS LIMITED

Balance sheet statements

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2024
and signed on behalf of the board by:

Name: G G BAKER
Status: Director

The notes form part of these financial statements

GRAHAM BAKER MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GRAHAM BAKER MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 15 15

GRAHAM BAKER MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,048,373
Additions 112,099
Disposals (129,150)
At 31 March 2024 1,031,322
Depreciation
At 01 April 2023 639,025
Charge for year 29,237
On disposals (52,474)
At 31 March 2024 615,788
Net book value
At 31 March 2024 415,534
At 31 March 2023 409,348

GRAHAM BAKER MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

BANK LOANS AND OVERDRAFTS £76244HIRE PURCHASE CREDITORS £44536TRADE CREDITORS £ 51214ACCRUALS £2920OTHER TAXATION AND SOCIAL SECURITY £22255

GRAHAM BAKER MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due after more than one year note

DIRECTORS LOAN ACCOUNT £216903BANK LOANS £22165HIRE PURCHASE CREDITORS £59707