B & R Motors Limited 04510999 false 2023-03-02 2024-02-29 2024-02-29 The principal activity of the company is motor mechanic. Digita Accounts Production Advanced 6.30.9574.0 true 04510999 2023-03-02 2024-02-29 04510999 2024-02-29 04510999 core:RetainedEarningsAccumulatedLosses 2024-02-29 04510999 core:RevaluationReserve 2024-02-29 04510999 core:ShareCapital 2024-02-29 04510999 core:CurrentFinancialInstruments 2024-02-29 04510999 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 04510999 core:PlantMachinery 2024-02-29 04510999 bus:SmallEntities 2023-03-02 2024-02-29 04510999 bus:AuditExemptWithAccountantsReport 2023-03-02 2024-02-29 04510999 bus:FullAccounts 2023-03-02 2024-02-29 04510999 bus:SmallCompaniesRegimeForAccounts 2023-03-02 2024-02-29 04510999 bus:RegisteredOffice 2023-03-02 2024-02-29 04510999 bus:Director3 2023-03-02 2024-02-29 04510999 bus:PrivateLimitedCompanyLtd 2023-03-02 2024-02-29 04510999 core:PlantMachinery 2023-03-02 2024-02-29 04510999 countries:EnglandWales 2023-03-02 2024-02-29 04510999 2023-03-01 04510999 core:PlantMachinery 2023-03-01 04510999 2022-09-01 2023-03-01 04510999 2023-03-01 04510999 core:RetainedEarningsAccumulatedLosses 2023-03-01 04510999 core:RevaluationReserve 2023-03-01 04510999 core:ShareCapital 2023-03-01 04510999 core:CurrentFinancialInstruments 2023-03-01 04510999 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-01 04510999 core:PlantMachinery 2023-03-01 iso4217:GBP xbrli:pure

Registration number: 04510999

B & R Motors Limited

Unaudited Financial Statements

for the Period from 2 March 2023 to 29 February 2024

 

B & R Motors Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

B & R Motors Limited

(Registration number: 04510999)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

7,776

7,200

Current assets

 

Debtors

5

5,991

-

Cash at bank and in hand

 

2,289

4,077

 

8,280

4,077

Creditors: Amounts falling due within one year

6

(6,660)

(2,006)

Net current assets

 

1,620

2,071

Total assets less current liabilities

 

9,396

9,271

Provisions for liabilities

(1,477)

(1,368)

Net assets

 

7,919

7,903

Capital and reserves

 

Called up share capital

100

100

Revaluation reserve

7,757

7,757

Retained earnings

62

46

Shareholders' funds

 

7,919

7,903

For the financial period ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 February 2025
 

 

B & R Motors Limited

(Registration number: 04510999)
Balance Sheet as at 29 February 2024

.........................................
Mr C L Hulme
Director

   
     
 

B & R Motors Limited

Notes to the Unaudited Financial Statements for the Period from 2 March 2023 to 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
24 Heathfield Road
Stoke-On-Trent
ST6 6PQ
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

B & R Motors Limited

Notes to the Unaudited Financial Statements for the Period from 2 March 2023 to 29 February 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

 

B & R Motors Limited

Notes to the Unaudited Financial Statements for the Period from 2 March 2023 to 29 February 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 2 March 2023

28,632

28,632

Additions

1,350

1,350

At 29 February 2024

29,982

29,982

Depreciation

At 2 March 2023

21,432

21,432

Charge for the period

774

774

At 29 February 2024

22,206

22,206

Carrying amount

At 29 February 2024

7,776

7,776

At 1 March 2023

7,200

7,200

5

Debtors

Current

2024
£

2023
£

Other debtors

5,991

-

 

5,991

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

6,660

2,006

7

Related party transactions

Summary of transactions with other related parties

During the year advances were made to the director in the sum of £12,613 and repayments in the sum of £6,620. At the year end there was an amount of £5,992 owed to the company by the director (2023: £1 owed by the company to the director). The loan is interest free and repayable on demand.