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REGISTERED NUMBER: 07421695 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

CENTRAL MOT CENTRE (DARWEN) LIMITED

CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTRAL MOT CENTRE (DARWEN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: J E Yates
Mrs C L Yates





REGISTERED OFFICE: Lodge Bank Works
Taylor Street
Darwen
Lancashire
BB3 1DQ





REGISTERED NUMBER: 07421695 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

BALANCE SHEET
31ST OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 144,864 93,708

CURRENT ASSETS
Stocks 25,895 23,332
Debtors 5 16,281 6,410
Cash at bank and in hand 115,548 110,223
157,724 139,965
CREDITORS
Amounts falling due within one year 6 142,684 97,362
NET CURRENT ASSETS 15,040 42,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,904

136,311

CREDITORS
Amounts falling due after more than one
year

7

(73,550

)

(54,869

)

PROVISIONS FOR LIABILITIES (24,220 ) (21,559 )
NET ASSETS 62,134 59,883

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,034 59,783
SHAREHOLDERS' FUNDS 62,134 59,883

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

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

CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

BALANCE SHEET - continued
31ST OCTOBER 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 18th February 2025 and were signed on its behalf by:





J E Yates - Director


CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024


1. STATUTORY INFORMATION

Central MOT Centre (Darwen) 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.

Grants receivable
Grants receivable are accounted for when due. Grants relating to tangible fixed assets are treated as deferred income and released to profit or loss over the expected useful life of the asset while grants relating to expenses are credited to profit or loss as the related expenditure is incurred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
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.

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.

CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 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 13 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2023 218,388
Additions 86,623
At 31st October 2024 305,011
DEPRECIATION
At 1st November 2023 124,680
Charge for year 35,467
At 31st October 2024 160,147
NET BOOK VALUE
At 31st October 2024 144,864
At 31st October 2023 93,708

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 7,286 6,132
Other debtors 8,995 278
16,281 6,410

CENTRAL MOT CENTRE (DARWEN) LIMITED (REGISTERED NUMBER: 07421695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 5,556 5,555
Hire purchase contracts and finance leases 12,438 12,168
Trade creditors 54,204 44,783
Taxation and social security 63,265 29,862
Other creditors 7,221 4,994
142,684 97,362

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 25,463 31,019
Hire purchase contracts and finance leases 48,087 23,850
73,550 54,869

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 3,240 8,796

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Hire purchase contracts and finance leases 60,525 36,018

Hire purchase and finance lease contracts are secured on the assets to which they relate.

9. CONTINGENT LIABILITIES

The company has given security for the borrowing of the directors in respect of the property from which it operates. There are fixed and floating charges over all property of the company in respect of these borrowings.