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REGISTERED NUMBER: 03532450 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Burton Motor Workshop Limited

Burton Motor Workshop Limited (Registered number: 03532450)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Burton Motor Workshop Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C Atkinson
J S Scott





SECRETARY: C Atkinson





REGISTERED OFFICE: Unit 3
Clarke Industrial Estate
Wetmore Road
Burton-on-Trent
Staffordshire
DE14 1QT





REGISTERED NUMBER: 03532450 (England and Wales)





ACCOUNTANTS: Bourne & Co
Chartered Accountants
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD

Burton Motor Workshop Limited (Registered number: 03532450)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,521 30,488

CURRENT ASSETS
Stocks 101,578 95,153
Debtors 5 75,262 59,515
Cash at bank and in hand 269,788 249,980
446,628 404,648
CREDITORS
Amounts falling due within one year 6 336,286 305,809
NET CURRENT ASSETS 110,342 98,839
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,863

129,327

PROVISIONS FOR LIABILITIES 7,171 6,020
NET ASSETS 137,692 123,307

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 137,688 123,303
SHAREHOLDERS' FUNDS 137,692 123,307

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.

Burton Motor Workshop Limited (Registered number: 03532450)

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 19 November 2024 and were signed on its behalf by:





C Atkinson - Director


Burton Motor Workshop Limited (Registered number: 03532450)

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

1. STATUTORY INFORMATION

Burton Motor Workshop 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 represents net sales of goods and services, excluding value added tax.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - in accordance with the property lease
Plant and machineryFixtures and fittings- 25% on reducing balance- 25% on reducing balance
Motor vehicles- 25% on reducing balance
Computer equipment- 33% on cost

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.


Burton Motor Workshop Limited (Registered number: 03532450)

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

2. ACCOUNTING POLICIES - continued
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.

Debtors
Short term debtors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

Creditors
Short term creditors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

Burton Motor Workshop Limited (Registered number: 03532450)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 15,690 67,256 12,146
Additions - 5,626 2,954
At 31 March 2024 15,690 72,882 15,100
DEPRECIATION
At 1 April 2023 12,760 44,019 11,441
Charge for year 357 6,587 323
At 31 March 2024 13,117 50,606 11,764
NET BOOK VALUE
At 31 March 2024 2,573 22,276 3,336
At 31 March 2023 2,930 23,237 705

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 21,180 3,603 119,875
Additions 3,750 1,000 13,330
At 31 March 2024 24,930 4,603 133,205
DEPRECIATION
At 1 April 2023 18,818 2,349 89,387
Charge for year 1,446 584 9,297
At 31 March 2024 20,264 2,933 98,684
NET BOOK VALUE
At 31 March 2024 4,666 1,670 34,521
At 31 March 2023 2,362 1,254 30,488

Burton Motor Workshop Limited (Registered number: 03532450)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 50,592 45,402
Other debtors 1,175 1,175
Prepayments 23,495 12,938
75,262 59,515

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 71,387 70,957
Corporation tax 33,041 27,120
Other creditors 4,275 3,129
Other taxes and social security 26,501 21,790
Directors' current accounts 197,265 179,453
Accrued expenses 3,817 3,360
336,286 305,809

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 30,000 -
Between one and five years 16,110 76,110
46,110 76,110

8. RELATED PARTY DISCLOSURES

The company was controlled throughout the current and previous year by its two directors who each own 50% of the issued ordinary share capital.