2023-05-01 07600273 2024-04-30 07600273 2023-05-01 2024-04-30 07600273 2023-04-30 07600273 2022-05-01 2023-04-30 07600273 uk-core:WithinOneYear 2023-04-30 07600273 uk-core:WithinOneYear 2024-04-30 07600273 uk-core:AfterOneYear 2023-04-30 07600273 uk-core:AfterOneYear 2024-04-30 07600273 uk-core:ShareCapital 2024-04-30 07600273 uk-core:ShareCapital 2023-04-30 07600273 uk-core:InvestmentPropertiesRevaluationReserve 2024-04-30 07600273 uk-core:InvestmentPropertiesRevaluationReserve 2023-04-30 07600273 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 07600273 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 07600273 uk-bus:Director1 2023-05-01 2024-04-30 07600273 uk-core:ComputerEquipment 2023-04-30 07600273 uk-core:FurnitureFittings 2023-04-30 07600273 uk-core:ComputerEquipment 2023-05-01 2024-04-30 07600273 uk-core:FurnitureFittings 2023-05-01 2024-04-30 07600273 uk-core:FurnitureFittings 2024-04-30 07600273 uk-core:ComputerEquipment 2024-04-30 07600273 uk-core:CostValuation 2023-04-30 07600273 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-04-30 07600273 uk-core:AdditionsToInvestments 2024-04-30 07600273 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:DisposalsRepaymentsInvestments 2024-04-30 07600273 uk-core:DisposalsRepaymentsInvestments uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:CostValuation 2024-04-30 07600273 uk-core:ImpairmentLossProvisionsForImpairmentInvestments uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:ImpairmentLossProvisionsForImpairmentInvestments 2024-04-30 07600273 uk-core:ProvisionsForImpairmentInvestments uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:ProvisionsForImpairmentInvestments 2024-04-30 07600273 uk-core:Non-currentFinancialInstruments 2024-04-30 07600273 uk-core:Non-currentFinancialInstruments 2023-04-30 07600273 uk-core:WithinOneYear 2024-04-30 07600273 uk-core:WithinOneYear 2023-04-30 07600273 uk-core:AfterOneYear uk-core:Secured 2024-04-30 07600273 uk-core:AfterOneYear uk-core:Secured 2023-04-30 iso4217:GBP xbrli:pure 07600273 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07600273 uk-bus:FRS102 2023-05-01 2024-04-30 07600273 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 07600273 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Good Motors Ltd
Registered Number:07600273
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Good Motors Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07600273
As at 30 April 2024
Good Motors Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
20,779
22,319
1
Financial assets
167,249
236,714
2
257,493
189,568
Current assets
Inventories
451,000
767,768
3
Trade and other receivables
117,025
210,448
4
27,510
Cash and cash equivalents
43,241
1,021,457
595,535
Trade and other payables: amounts falling due within one
year
(512,898)
(778,990)
5
82,637
242,467
Net current assets
Total assets less current liabilities
499,960
272,205
Trade and other payables: amounts falling due after more
than one year
(20,833)
-
6
499,960
Net assets
251,372
Capital and reserves
Called up share capital
2
2
Fair value reserve
(363,413)
(308,437)
Retained earnings
863,371
559,807
499,960
251,372
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07600273
For the year ended 30 April 2024
Good Motors Ltd
Statement of Financial Position Continued
K J Wilk Director
These financial statements were approved and authorised for issue by the Board on 19 November 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 April 2024
Good Motors Ltd
Notes to the Financial Statements
Statutory Information
Good Motors Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07600273.
Principal place of business:
Wellington Street
Bury
Lancashire
BL8 2AL
Registered address:
3 St Mary's Place
Bury
Lancashire
England
BL9 0DZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
1. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 May 2023
52,314
10,713
41,601
5,015
-
5,015
Additions
At 30 April 2024
46,616
10,713
57,329
Provision for depreciation and impairment
At 01 May 2023
29,995
10,608
19,387
Charge for year
6,555
45
6,510
At 30 April 2024
36,550
10,653
25,897
At 30 April 2024
Net book value
20,719
60
20,779
At 30 April 2023
22,214
105
22,319
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6
For the year ended 30 April 2024
Good Motors Ltd
Notes to the Financial Statements Continued
2. Investments held as fixed assets
Other investments
Total
At 01 May 2023
475,686
475,686
Cost
£
£
142,984
142,984
Additions
Disposals/Repayments
(18,543)
(18,543)
At 30 April 2024
600,127
600,127
Provision for amortisation and impairment
Provided during
the year
363,413
363,413
At 30 April 2024
363,413
363,413
At 30 April 2024
Net book value
236,714
236,714
At 01 May 2023
475,686
475,686
3. Inventories
2023
2024
£
£
Stocks
767,768
451,000
4. Trade and other receivables
2023
2024
£
£
Other debtors
210,448
117,025
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7
For the year ended 30 April 2024
Good Motors Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
10,000
Trade creditors
610,842
392,374
Taxation and social security
161,143
102,293
Other creditors
7,005
8,231
778,990
512,898
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
20,833
7. Average number of persons employed
During the year the average number of employees was 7 (2023 : 7)
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