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REGISTERED NUMBER: 05280399





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

CHERTSEY MOT'S 4U LTD

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHERTSEY MOT'S 4U LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: M Morgan
G Morgan





REGISTERED OFFICE: 19 Station Road
Addlestone
Surrey
KT15 2AL





REGISTERED NUMBER: 05280399





ACCOUNTANTS: John A Hyde & Co
Lyndale House
24A High Street
Addlestone
Surrey
KT15 1TN

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103,827 103,942
Investments 5 100 100
103,927 104,042

CURRENT ASSETS
Stocks 23,506 15,828
Debtors 6 27,909 48,398
Cash at bank 23,377 40,781
74,792 105,007
CREDITORS
Amounts falling due within one year 7 100,930 148,425
NET CURRENT LIABILITIES (26,138 ) (43,418 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,789

60,624

PROVISIONS FOR LIABILITIES 10,092 10,092
NET ASSETS 67,697 50,532

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,597 50,432
SHAREHOLDERS' FUNDS 67,697 50,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:





M Morgan - Director


CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Chertsey MOT's 4U Ltd is a private company, limited by shares , registered in Not specified/Other. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - Straight line over 25 years
Improvements to property - Straight line over 25 years
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

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 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 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.

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 December 2022 100,116 40,342 119,404
Additions - - 10,250
At 30 November 2023 100,116 40,342 129,654
DEPRECIATION
At 1 December 2022 37,271 38,330 98,357
Charge for year 2,320 767 3,157
At 30 November 2023 39,591 39,097 101,514
NET BOOK VALUE
At 30 November 2023 60,525 1,245 28,140
At 30 November 2022 62,845 2,012 21,047

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 57,208 8,399 325,469
Additions - 412 10,662
At 30 November 2023 57,208 8,811 336,131
DEPRECIATION
At 1 December 2022 39,196 8,373 221,527
Charge for year 4,427 106 10,777
At 30 November 2023 43,623 8,479 232,304
NET BOOK VALUE
At 30 November 2023 13,585 332 103,827
At 30 November 2022 18,012 26 103,942

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 64,876 38,078 102,954
DEPRECIATION
At 1 December 2022 56,460 27,562 84,022
Charge for year 1,262 2,629 3,891
At 30 November 2023 57,722 30,191 87,913
NET BOOK VALUE
At 30 November 2023 7,154 7,887 15,041
At 30 November 2022 8,416 10,516 18,932

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

CHERTSEY MOT'S 4U LTD (REGISTERED NUMBER: 05280399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 27,759 48,248
Other debtors 150 150
27,909 48,398

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 24,844 34,998
Hire purchase contracts 6,444 10,788
Trade creditors 41,987 39,315
Taxation and social security 16,397 11,189
Other creditors 11,258 52,135
100,930 148,425