IRIS Accounts Production v24.3.0.553 09568722 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095687222023-01-31095687222024-01-31095687222023-02-012024-01-31095687222022-01-31095687222022-02-012023-01-31095687222023-01-3109568722ns15:EnglandWales2023-02-012024-01-3109568722ns14:PoundSterling2023-02-012024-01-3109568722ns10:Director12023-02-012024-01-3109568722ns10:Director22023-02-012024-01-3109568722ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3109568722ns10:SmallEntities2023-02-012024-01-3109568722ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3109568722ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3109568722ns10:FullAccounts2023-02-012024-01-3109568722ns10:RegisteredOffice2023-02-012024-01-3109568722ns5:CurrentFinancialInstruments2024-01-3109568722ns5:CurrentFinancialInstruments2023-01-3109568722ns5:ShareCapital2024-01-3109568722ns5:ShareCapital2023-01-3109568722ns5:RetainedEarningsAccumulatedLosses2024-01-3109568722ns5:RetainedEarningsAccumulatedLosses2023-01-3109568722ns5:RetainedEarningsAccumulatedLosses2023-01-3109568722ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 09568722 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Neath MOT Centre Limited

Neath MOT Centre Limited (Registered number: 09568722)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neath MOT Centre Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C D Thacker
M Thacker





REGISTERED OFFICE: Old Ambulance Station
Canal Road
Neath
SA11 1LJ





REGISTERED NUMBER: 09568722 (England and Wales)





ACCOUNTANTS: Cambrian & Co Ltd
13A Victoria Gardens
Neath
West Glamorgan
SA11 3AY

Neath MOT Centre Limited (Registered number: 09568722)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
CURRENT ASSETS
Cash at bank 4,771 2,668

CREDITORS
Amounts falling due within one year 4 (10,477 ) (15,706 )
NET CURRENT ASSETS 15,248 18,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,248

18,374

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5 15,148 18,274
15,248 18,374

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

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

Neath MOT Centre Limited (Registered number: 09568722)

Balance Sheet - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:




C D Thacker - Director



M Thacker - Director


Neath MOT Centre Limited (Registered number: 09568722)

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

1. STATUTORY INFORMATION

Neath MOT Centre 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.

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.

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 4 (2023 - 2 ) .

Neath MOT Centre Limited (Registered number: 09568722)

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 2,750 4,298
Social security and other taxes 785 -
Amount owed to related company (33,923 ) (32,841 )
Directors' current accounts 18,450 11,377
Accrued expenses 1,461 1,460
(10,477 ) (15,706 )

5. RESERVES
Retained
earnings
£   

At 1 February 2023 18,274
Deficit for the year (3,126 )
At 31 January 2024 15,148

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors operated a loan account with the company, the value of which is separately disclosed in the notes to these accounts. No interest is charged on the loan, which is repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The company is controlled by it's director's Mr. and Mrs. Thacker by virtue of their 100% shareholding.