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REGISTERED NUMBER: 14361861 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FIRSTCALL MOT & SERVICE CENTRE LTD

FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


FIRSTCALL MOT & SERVICE CENTRE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: C M Emery
N A Whittaker





REGISTERED OFFICE: Unit 6
City Industrial Estate
Haven Road
Exeter
EX2 8DD





REGISTERED NUMBER: 14361861 (England and Wales)






FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 37,600 42,300
Tangible assets 5 21,625 14,365
59,225 56,665

CURRENT ASSETS
Stocks 2,204 1,938
Debtors 6 12,440 8,284
Cash at bank and in hand 50,765 52,728
65,409 62,950
CREDITORS
Amounts falling due within one year 7 72,354 65,947
NET CURRENT LIABILITIES (6,945 ) (2,997 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,280

53,668

PROVISIONS FOR LIABILITIES 2,890 1,139
NET ASSETS 49,390 52,529

CAPITAL AND RESERVES
Called up share capital 9 1,200 1,200
Retained earnings 48,190 51,329
SHAREHOLDERS' FUNDS 49,390 52,529

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

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

FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

BALANCE SHEET - continued
31 DECEMBER 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 1 March 2025 and were signed on its behalf by:




C M Emery - Director



N A Whittaker - Director


FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Firstcall MOT & Service Centre Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and equipment - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% 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.

FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

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

2. ACCOUNTING POLICIES - continued

Going concern
The accounts have been prepared on a going concern basis. The directors are of the opinion that sufficient finance will be available to enable the company to continue trading for at least one year after the date of the approval of these accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 47,000
AMORTISATION
At 1 January 2024 4,700
Amortisation for year 4,700
At 31 December 2024 9,400
NET BOOK VALUE
At 31 December 2024 37,600
At 31 December 2023 42,300

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 12,400 6,260 498 19,158
Additions 15,993 - 499 16,492
Disposals (633 ) - - (633 )
At 31 December 2024 27,760 6,260 997 35,017
DEPRECIATION
At 1 January 2024 3,103 1,565 125 4,793
Charge for year 6,943 1,565 250 8,758
Eliminated on disposal (159 ) - - (159 )
At 31 December 2024 9,887 3,130 375 13,392
NET BOOK VALUE
At 31 December 2024 17,873 3,130 622 21,625
At 31 December 2023 9,297 4,695 373 14,365

FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 120 -
Other debtors 12,320 8,284
12,440 8,284

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 3,364 -
Trade creditors 4,874 9,610
Taxation and social security 21,264 21,638
Other creditors 42,852 34,699
72,354 65,947

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 13,300 12,250
Between one and five years 30,525 39,813
43,825 52,063

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
500 A Ordinary £1 500 500
500 B Ordinary £1 500 500
100 C Ordinary £1 100 100
100 D Ordinary £1 100 100
1,200 1,200

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24 31.12.23
£    £   
C M Emery
Balance outstanding at start of year (1,475 ) -
Amounts advanced 55,877 45,801
Amounts repaid (50,624 ) (47,276 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,778 (1,475 )

FIRSTCALL MOT & SERVICE CENTRE LTD (REGISTERED NUMBER: 14361861)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

This loan is unsecured, repayable on demand and subject to interest at the approved rate.

11. RELATED PARTY DISCLOSURES

Included in other creditors are loans from the directors totalling £41,046 (2023: £33,021). These loans are unsecured, repayable on demand and subject to interest at a market rate.