2023-05-01 06642804 2024-04-30 06642804 2023-05-01 2024-04-30 06642804 2023-04-30 06642804 2022-05-01 2023-04-30 06642804 uk-core:WithinOneYear 2023-04-30 06642804 uk-core:WithinOneYear 2024-04-30 06642804 uk-core:ShareCapital 2024-04-30 06642804 uk-core:ShareCapital 2023-04-30 06642804 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 06642804 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 06642804 uk-bus:Director1 2023-05-01 2024-04-30 06642804 uk-core:NetGoodwill 2023-05-01 2024-04-30 06642804 uk-core:PlantMachinery 2023-05-01 2024-04-30 06642804 uk-core:Goodwill 2023-04-30 06642804 uk-core:Goodwill 2024-04-30 iso4217:GBP xbrli:pure 06642804 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06642804 uk-bus:FRS102 2023-05-01 2024-04-30 06642804 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 06642804 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Kemble MOT Centre Limited
Registered Number:06642804
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Kemble MOT Centre Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06642804
As at 30 April 2024
Kemble MOT Centre Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
26,109
10,066
3
26,109
10,066
Current assets
Inventories
4,365
6,295
4
Trade and other receivables
53,309
50,681
5
125,212
Cash and cash equivalents
65,145
122,121
182,886
Trade and other payables: amounts falling due within one year
(23,255)
(21,495)
6
159,631
100,626
Net current assets
Total assets less current liabilities
126,735
169,697
4,337
3,323
Provisions for liabilities
131,072
Net assets
173,020
Capital and reserves
Called up share capital
100
100
Retained earnings
130,972
172,920
131,072
173,020
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 directors acknowledge their 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.
Mr Daniel Ritchings Director
These financial statements were approved and authorised for issue by the Board on 29 January 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 April 2024
Kemble MOT Centre Limited
Notes to the Financial Statements
Statutory Information
Kemble MOT Centre Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06642804.
Principal place of business:
Unit 5, Pat Yat Developments
Kemble
Cirencester
Gloucestershire
GL7 6AY
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage of completion.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2 of 4
5
For the year ended 30 April 2024
Kemble MOT Centre Limited
Notes to the Financial Statements Continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 May 2023
25,000
At 30 April 2024
25,000
Amortisation
At 01 May 2023
25,000
At 30 April 2024
25,000
Net book value
At 30 April 2024
-
At 30 April 2023
-
3. Property, plant and equipment
Plant and
Machinery
£
Cost or valuation
At 01 May 2023
50,820
24,746
Additions
At 30 April 2024
75,566
Provision for depreciation and impairment
At 01 May 2023
40,754
Charge for year
8,703
At 30 April 2024
49,457
At 30 April 2024
Net book value
26,109
At 30 April 2023
10,066
4. Inventories
2023
2024
£
£
Stocks
6,295
4,365
3 of 4
6
For the year ended 30 April 2024
Kemble MOT Centre Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
18,125
22,916
Other debtors
32,556
30,393
53,309
50,681
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
11,044
14,307
Taxation and social security
3,349
5,112
Other creditors
7,102
3,836
21,495
23,255
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
4 of 4