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REGISTERED NUMBER: 00815977 (England and Wales)
















Financial Statements

for the Year Ended 31 March 2024

for

The Motor House (Stroud) Limited

The Motor House (Stroud) Limited (Registered number: 00815977)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Report of the Accountants 2

Statement of Financial Position 3

Notes to the Financial Statements 5


The Motor House (Stroud) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J F Breeze





SECRETARY: Mrs J A Breeze





REGISTERED OFFICE: 701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 00815977 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

The Motor House (Stroud) Limited

Report of the Accountants to the Director of
The Motor House (Stroud) Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes 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 as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company 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 financial statements of the Company. 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 financial statements.






GCSD Accountants Limited


21 July 2024

The Motor House (Stroud) Limited (Registered number: 00815977)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,374 6,678

CURRENT ASSETS
Stocks 174,519 220,343
Debtors 5 11,022 8,761
Cash at bank and in hand 107,100 33,240
292,641 262,344
CREDITORS
Amounts falling due within one year 6 176,509 171,926
NET CURRENT ASSETS 116,132 90,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,506

97,096

PROVISIONS FOR LIABILITIES 2,094 1,269
NET ASSETS 122,412 95,827

CAPITAL AND RESERVES
Called up share capital 4,200 4,200
Capital redemption reserve 21,000 21,000
Retained earnings 97,212 70,627
SHAREHOLDERS' FUNDS 122,412 95,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

The Motor House (Stroud) Limited (Registered number: 00815977)

Statement of Financial Position - continued
31 March 2024


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 21 July 2024 and were signed by:





J F Breeze - Director


The Motor House (Stroud) Limited (Registered number: 00815977)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

The Motor House (Stroud) 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.

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
Small Tools & Equipment are accounted for on a renewals basis.

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Office equipment - 15% on reducing balance
Plant and Machinery - 15% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

The Motor House (Stroud) Limited (Registered number: 00815977)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Small
tools & Plant & Office
equipment machinery equipment Totals
£    £    £    £   
COST
At 1 April 2023 745 14,800 17,996 33,541
Additions - 2,087 955 3,042
At 31 March 2024 745 16,887 18,951 36,583
DEPRECIATION
At 1 April 2023 - 11,264 15,599 26,863
Charge for year - 843 503 1,346
At 31 March 2024 - 12,107 16,102 28,209
NET BOOK VALUE
At 31 March 2024 745 4,780 2,849 8,374
At 31 March 2023 745 3,536 2,397 6,678

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,673 3,802
Other debtors 5,349 4,959
11,022 8,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,810 16,006
Taxation and social security 41,799 34,250
Other creditors 118,900 121,670
176,509 171,926