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REGISTERED NUMBER: 07048289 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Triple S MOT Centre Limited

Triple S MOT Centre Limited (Registered number: 07048289)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Triple S MOT Centre Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr P D Shah





REGISTERED OFFICE: Elizabeth House
8th Floor, 54-58 High Street
Edgware
Middlesex
HA8 7TT





REGISTERED NUMBER: 07048289 (England and Wales)





ACCOUNTANTS: Elliot, Woolfe & Rose Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
London
HA7 1JS

Triple S MOT Centre Limited (Registered number: 07048289)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £ £
FIXED ASSETS
Tangible assets 4 2,532 785

CURRENT ASSETS
Stocks 19,718 12,403
Debtors 5 423,339 378,426
Cash at bank 108,405 83,303
551,462 474,132
CREDITORS
Amounts falling due within one year 6 (206,151 ) (148,918 )
NET CURRENT ASSETS 345,311 325,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

347,843

325,999

CREDITORS
Amounts falling due after more than
one year

7

(16,239

)

(26,249

)
NET ASSETS 331,604 299,750

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 331,504 299,650
SHAREHOLDERS' FUNDS 331,604 299,750

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

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

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2024 and were signed by:



Mr P D Shah - Director


Triple S MOT Centre Limited (Registered number: 07048289)

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

1. STATUTORY INFORMATION

Triple S MOT Centre Limited 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.
Plant and machinery - 20% on cost
Office equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either
financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual
interest in the assets of the company after deducting all of its liabilities.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Triple S MOT Centre Limited (Registered number: 07048289)

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

2. ACCOUNTING POLICIES - continued

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 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£ £ £ £
COST
At 1 November 2022 28,978 220 6,398 35,596
Additions - 248 2,344 2,592
At 31 October 2023 28,978 468 8,742 38,188
DEPRECIATION
At 1 November 2022 28,369 44 6,398 34,811
Charge for year 282 94 469 845
At 31 October 2023 28,651 138 6,867 35,656
NET BOOK VALUE
At 31 October 2023 327 330 1,875 2,532
At 31 October 2022 609 176 - 785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£ £
Trade debtors 709 27
Amounts owed by group undertakings 373,553 345,835
Other debtors 49,077 32,564
423,339 378,426

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 111,733 67,540
Taxation and social security 58,030 51,356
Other creditors 26,388 20,022
206,151 148,918

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£ £
Bank loans 16,239 26,249

Triple S MOT Centre Limited (Registered number: 07048289)

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

8. RELATED PARTY DISCLOSURES

As at the year end date £373,553 (2022:£345,835) was due from BPS Autocare Limited, a parent company.This amount is included in debtors receivable within one year.

9. ULTIMATE CONTROLLING PARTY

BPS Autocare Limited, a company incorporated in England and Wales, is the immediate parent undertaking by virtue of its ownership of 100% of the issued share capital in Triple S MOT Centre Limited.