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REGISTERED NUMBER: 08012948 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Eskdale Motors Limited

Eskdale Motors Limited (Registered number: 08012948)






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




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


Eskdale Motors Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M J Paton
Mrs C Paton





REGISTERED OFFICE: Unit 7 Midland House Willow Park Industr
Upton Lane, Stoke Golding
Nuneaton
Warwickshire
CV13 6EU





REGISTERED NUMBER: 08012948 (England and Wales)





ACCOUNTANTS: Working Week Ltd
2 West End
Barlestone
Nueaton
Warwickshire
CV13 0EJ

Eskdale Motors Limited (Registered number: 08012948)

Report of the Directors
for the Year Ended 31 March 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of sale, repair and maintenance of motor vehicles.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

M J Paton
Mrs C Paton

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M J Paton - Director


26 November 2024

Eskdale Motors Limited (Registered number: 08012948)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,463 22,239

CURRENT ASSETS
Stocks 115,333 163,166
Debtors 5 313 414
Cash at bank 15,921 26,553
131,567 190,133
CREDITORS
Amounts falling due within one year 6 30,371 85,366
NET CURRENT ASSETS 101,196 104,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,659

127,006

CREDITORS
Amounts falling due after more than
one year

7

(66,320

)

(65,668

)

PROVISIONS FOR LIABILITIES (3,713 ) (4,108 )
NET ASSETS 51,626 57,230

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 51,526 57,130
SHAREHOLDERS' FUNDS 51,626 57,230

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 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.

Eskdale Motors Limited (Registered number: 08012948)

Balance Sheet - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:





M J Paton - Director


Eskdale Motors Limited (Registered number: 08012948)

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

1. STATUTORY INFORMATION

Eskdale Motors 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 10% 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 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.

Eskdale Motors Limited (Registered number: 08012948)

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

2. ACCOUNTING POLICIES - continued

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.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 30,518 4,979 802 36,299
Additions 507 - - 507
At 31 March 2024 31,025 4,979 802 36,806
DEPRECIATION
At 1 April 2023 12,074 1,754 232 14,060
Charge for year 1,904 322 57 2,283
At 31 March 2024 13,978 2,076 289 16,343
NET BOOK VALUE
At 31 March 2024 17,047 2,903 513 20,463
At 31 March 2023 18,444 3,225 570 22,239

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 313 414

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 11,634 22,776
Trade creditors 7,758 7,367
Taxation and social security 5,292 19,140
Other creditors 5,687 36,083
30,371 85,366

Eskdale Motors Limited (Registered number: 08012948)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 66,320 65,668

8. ULTIMATE CONTROLLING PARTY

The controlling party is M J Paton.