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Company Registration No. 2967115 (England and Wales)
SUTTON MOTOR SERVICES LIMITED Unaudited accounts for the year ended 30 November 2023
SUTTON MOTOR SERVICES LIMITED Unaudited accounts Contents
Page
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SUTTON MOTOR SERVICES LIMITED Company Information for the year ended 30 November 2023
Directors
Alan Michael Freer Andrew Scott Freer Jane Isabel Freer
Company Number
2967115 (England and Wales)
Registered Office
SKEW BRIDGE GARAGE CHORLEY ROAD HEATH CHARNOCK CHORLEY LANCASHIRE PR7 4BA
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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SUTTON MOTOR SERVICES LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,414 
38,352 
Current assets
Inventories
1,253,483 
1,112,348 
Debtors
15,895 
132,669 
Cash at bank and in hand
152,203 
78,418 
1,421,581 
1,323,435 
Creditors: amounts falling due within one year
(356,988)
(273,412)
Net current assets
1,064,593 
1,050,023 
Total assets less current liabilities
1,095,007 
1,088,375 
Creditors: amounts falling due after more than one year
(125,754)
(178,730)
Provisions for liabilities
Deferred tax
(1,983)
(1,983)
Net assets
967,270 
907,662 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
967,260 
907,652 
Shareholders' funds
967,270 
907,662 
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by
Alan Michael Freer Director Company Registration No. 2967115
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SUTTON MOTOR SERVICES LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
SUTTON MOTOR SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2967115. The registered office is SKEW BRIDGE GARAGE CHORLEY ROAD, HEATH CHARNOCK, CHORLEY, LANCASHIRE, PR7 4BA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Fixtures & fittings
20% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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SUTTON MOTOR SERVICES LIMITED Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
66,946 
Additions
663 
At 30 November 2023
67,609 
Depreciation
At 1 December 2022
28,594 
Charge for the year
8,601 
At 30 November 2023
37,195 
Net book value
At 30 November 2023
30,414 
At 30 November 2022
38,352 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
930 Ordinary A shares of £0.01 each
9.30 
9.30 
20 Ordinary B shares of £0.01 each
0.20 
0.20 
30 Ordinary C shares of £0.01 each
0.30 
0.30 
20 Ordinary D shares of £0.01 each
0.20 
0.20 
10.00 
10.00 
6
Average number of employees
During the year the average number of employees was 9 (2022: 7).
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