REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 October 2023 |
for |
E & E Motor Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 October 2023 |
for |
E & E Motor Holdings Limited |
E & E Motor Holdings Limited (Registered number: 13517824) |
Contents of the Financial Statements |
for the Period 1 August 2022 to 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
E & E Motor Holdings Limited |
Company Information |
for the Period 1 August 2022 to 31 October 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Building 6000 |
Langstone Technology Park |
Langstone Road |
Havant |
Hampshire |
PO9 1SA |
E & E Motor Holdings Limited (Registered number: 13517824) |
Balance Sheet |
31 October 2023 |
31.10.23 | 31.7.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
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 |
E & E Motor Holdings Limited (Registered number: 13517824) |
Notes to the Financial Statements |
for the Period 1 August 2022 to 31 October 2023 |
1. | STATUTORY INFORMATION |
E & E Motor Holdings Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 August 2022 |
and 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 31 July 2022 |
E & E Motor Holdings Limited (Registered number: 13517824) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 October 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.7.22 |
£ | £ |
Amounts owed by group undertakings |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.7.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the periods ended 31 October 2023 and 31 July 2022: |
31.10.23 | 31.7.22 |
£ | £ |
Balance outstanding at start of period | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
8. | RELATED PARTY DISCLOSURES |
At the year end E&E Motor Motor Services Limited, a subsidiary, was owed £103,155.20 (2022: 105,101.60) from the business. This loan is interest free and payable on demand. |
Also at the year, E&E Gosport Limited, a subsidiary, was owed £11,930.83 (2022: £100.00) to the business. This loan is interest free and payable on demand. |
The company also owed Motorforce (Chichester) Limited, a subsidiary, £84,381.63 (2022: £74,239.17 ). This loan is interest free and payable on demand. |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mrs E C Gray. |