Company Registration No. 06006580 (England and Wales)
Brabbs Motor Works Limited
Unaudited accounts
for the year ended 31 March 2024
Brabbs Motor Works Limited
Unaudited accounts
Contents
Brabbs Motor Works Limited
Company Information
for the year ended 31 March 2024
Company Number
06006580 (England and Wales)
Registered Office
227 Leigh Road
Leigh
Greater Manchester
WN7 1SH
England
Brabbs Motor Works Limited
Accountants' report
Accountants' report to the director of Brabbs Motor Works Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Brabbs Motor Works Limited for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Brabbs Motor Works Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Brabbs Motor Works Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brabbs Motor Works Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Brabbs Motor Works Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brabbs Motor Works Limited. You consider that Brabbs Motor Works Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Brabbs Motor Works Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brabbs Motor Works Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,079
2,772
Cash at bank and in hand
335,057
323,601
Creditors: amounts falling due within one year
(62,241)
(70,967)
Net current assets
279,766
258,859
Net assets
281,845
261,631
Called up share capital
100
100
Profit and loss account
281,745
261,531
Shareholders' funds
281,845
261,631
For the year ending 31 March 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 18 September 2024 and were signed on its behalf by
Karl Brabbs
Director
Company Registration No. 06006580
Brabbs Motor Works Limited
Notes to the Accounts
for the year ended 31 March 2024
Brabbs Motor Works Limited is a private company, limited by shares, registered in England and Wales, registration number 06006580. The registered office is 227 Leigh Road, Leigh, Greater Manchester, WN7 1SH, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
Reducing Balance 25%
Motor vehicles
Reducing Balance 25%
Fixtures & fittings
Reducing Balance 25%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
23,182
15,753
7,272
46,207
At 31 March 2024
23,182
15,753
7,272
46,207
At 1 April 2023
22,197
14,082
7,156
43,435
Charge for the year
246
418
29
693
At 31 March 2024
22,443
14,500
7,185
44,128
At 31 March 2024
739
1,253
87
2,079
At 31 March 2023
985
1,671
116
2,772
Amounts falling due within one year
Brabbs Motor Works Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,858
30,680
Trade creditors
10,437
11,484
Taxes and social security
13,137
11,719
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).