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Company Registration No. 06680717 (England and Wales)
Richard T Weaver (Motor Services) Ltd Unaudited accounts for the year ended 31 August 2024
Richard T Weaver (Motor Services) Ltd Unaudited accounts Contents
Page
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Richard T Weaver (Motor Services) Ltd Company Information for the year ended 31 August 2024
Director
R Weaver
Company Number
06680717 (England and Wales)
Registered Office
STATION YARD BROMFIELD LUDLOW SHROPSHIRE SY8 2BT
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Richard T Weaver (Motor Services) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
196,096 
181,561 
Current assets
Inventories
7,624 
4,500 
Debtors
7,131 
1,240 
Cash at bank and in hand
75,246 
62,954 
90,001 
68,694 
Creditors: amounts falling due within one year
(112,885)
(101,495)
Net current liabilities
(22,884)
(32,801)
Total assets less current liabilities
173,212 
148,760 
Creditors: amounts falling due after more than one year
(5,833)
(12,833)
Provisions for liabilities
Deferred tax
(27,709)
(24,171)
Net assets
139,670 
111,756 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
139,669 
111,755 
Shareholders' funds
139,670 
111,756 
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 March 2025 and were signed on its behalf by
R Weaver Director Company Registration No. 06680717
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Richard T Weaver (Motor Services) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Richard T Weaver (Motor Services) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06680717. The registered office is STATION YARD, BROMFIELD, LUDLOW, SHROPSHIRE, SY8 2BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
10% per annum reducing balance
Computer equipment
33% per annum on cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
19,273 
186,123 
130,729 
4,650 
6,981 
347,756 
Additions
- 
8,250 
71,945 
1,168 
473 
81,836 
Disposals
- 
- 
(62,766)
- 
- 
(62,766)
At 31 August 2024
19,273 
194,373 
139,908 
5,818 
7,454 
366,826 
Depreciation
At 1 September 2023
- 
92,437 
66,310 
1,432 
6,016 
166,195 
Charge for the year
- 
10,194 
26,724 
439 
474 
37,831 
On disposals
- 
- 
(33,296)
- 
- 
(33,296)
At 31 August 2024
- 
102,631 
59,738 
1,871 
6,490 
170,730 
Net book value
At 31 August 2024
19,273 
91,742 
80,170 
3,947 
964 
196,096 
At 31 August 2023
19,273 
93,686 
64,419 
3,218 
965 
181,561 
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Richard T Weaver (Motor Services) Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,131 
1,240 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,000 
7,000 
Obligations under finance leases and hire purchase contracts
7,682 
- 
Trade creditors
5,400 
4,072 
Taxes and social security
8,475 
5,993 
Loans from directors
84,328 
84,430 
112,885 
101,495 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,833 
12,833 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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