Company Registration No. 02008053 (England and Wales)
CHINNOR MOTORS LIMITED
Unaudited accounts
for the year ended 30 June 2024
CHINNOR MOTORS LIMITED
Unaudited accounts
Contents
CHINNOR MOTORS LIMITED
Company Information
for the year ended 30 June 2024
Director
James Alexander Jones
Secretary
Alison Elizabeth Grant
Company Number
02008053 (England and Wales)
Registered Office
32-34 STATION ROAD
CHINNOR
OXFORDSHIRE
OX39 4PZ
Accountants
Akusika Business Services Ltd
Sapphire House
116 Station Road
Chinnor
Oxon
OX39 4QG
CHINNOR MOTORS LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
56,201
20,379
Cash at bank and in hand
44,592
47,225
Creditors: amounts falling due within one year
(47,682)
(35,676)
Net current assets
9,064
11,569
Called up share capital
100
100
Profit and loss account
65,165
31,848
Shareholders' funds
65,265
31,948
For the year ending 30 June 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 28 March 2025 and were signed on its behalf by
James Alexander Jones
Director
Company Registration No. 02008053
CHINNOR MOTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
CHINNOR MOTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02008053. The registered office is 32-34 STATION ROAD, CHINNOR, OXFORDSHIRE, OX39 4PZ.
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.
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.
The company's principal activity during the year continued to be provision of Motor Vehicle repair
and associated services
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The Company made no political nor charitable contributions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Small company provisisons
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies regime.
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
18% written down value
Motor vehicles
18% written down value
Fixtures & fittings
18% written down value
CHINNOR MOTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
47,337
1,000
20,755
69,092
Additions
-
-
48,810
48,810
At 30 June 2024
47,337
1,000
69,565
117,902
At 1 July 2023
31,593
1,000
16,120
48,713
Charge for the year
2,834
-
10,154
12,988
At 30 June 2024
34,427
1,000
26,274
61,701
At 30 June 2024
12,910
-
43,291
56,201
At 30 June 2023
15,744
-
4,635
20,379
The Finished Goods balance relates to the company's car stock.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,389
15,626
Taxes and social security
8,037
7,383
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
CHINNOR MOTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).