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REGISTERED NUMBER: 00375542 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HODDER MOTOR SERVICES LIMITED

HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HODDER MOTOR SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: Mr D Lakin





REGISTERED OFFICE: Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH





REGISTERED NUMBER: 00375542 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,328 14,323

CURRENT ASSETS
Stocks 39,232 39,423
Debtors 5 65,151 42,117
Cash at bank and in hand 45,254 5,477
149,637 87,017
CREDITORS
Amounts falling due within one year 6 128,137 65,273
NET CURRENT ASSETS 21,500 21,744
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,828

36,067

PROVISIONS FOR LIABILITIES 3,513 2,255
NET ASSETS 38,315 33,812

CAPITAL AND RESERVES
Called up share capital 7 3,000 3,000
Share premium 1,400 1,400
Retained earnings 33,915 29,412
SHAREHOLDERS' FUNDS 38,315 33,812

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

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

HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

BALANCE SHEET - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 September 2024 and were signed by:





Mr D Lakin - Director


HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Hodder Motor Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 fair value of the consideration received or receivable, excluding discounts, rebates and value added tax from the hire of vehicles owned by the company and the sale, fitting and repair of tyres for motor vehicles.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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.

HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 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 6 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 January 2023 3,949 17,360 9,801 31,110
Additions - 11,800 - 11,800
At 31 December 2023 3,949 29,160 9,801 42,910
DEPRECIATION
At 1 January 2023 1,951 5,493 9,343 16,787
Charge for year 500 5,180 115 5,795
At 31 December 2023 2,451 10,673 9,458 22,582
NET BOOK VALUE
At 31 December 2023 1,498 18,487 343 20,328
At 31 December 2022 1,998 11,867 458 14,323

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 57,505 39,207
Other debtors 7,646 2,910
65,151 42,117

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 115,571 53,707
Taxation and social security 8,189 7,580
Other creditors 4,377 3,986
128,137 65,273

HODDER MOTOR SERVICES LIMITED (REGISTERED NUMBER: 00375542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2,900 Ordinary A £1 1 2,900 2,900
100 Ordinary B £1 1 100 100
3,000 3,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Lakin.