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REGISTERED NUMBER: 09482099 (England and Wales)











Financial Statements

for the Year Ended 31st July 2024

for

MOTORVATION (SOUTH EAST) LTD

MOTORVATION (SOUTH EAST) LTD (REGISTERED NUMBER: 09482099)






Contents of the Financial Statements
for the year ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOTORVATION (SOUTH EAST) LTD

Company Information
for the year ended 31st July 2024







DIRECTOR: D S Dent





REGISTERED OFFICE: Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ





REGISTERED NUMBER: 09482099 (England and Wales)





ACCOUNTANTS: Cheeld Wheeler & Co
Chartered Certified Accountants
Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ

MOTORVATION (SOUTH EAST) LTD (REGISTERED NUMBER: 09482099)

Balance Sheet
31st July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 177,053 164,675
Debtors 4 48,234 45,090
Cash at bank 20,640 26,302
245,927 236,067
CREDITORS
Amounts falling due within one year 5 224,950 233,747
NET CURRENT ASSETS 20,977 2,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,977

2,320

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 20,976 2,319
SHAREHOLDERS' FUNDS 20,977 2,320

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th April 2025 and were signed by:




D S Dent - Director


MOTORVATION (SOUTH EAST) LTD (REGISTERED NUMBER: 09482099)

Notes to the Financial Statements
for the year ended 31st July 2024

1. STATUTORY INFORMATION

Motorvation (South East) 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.

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.

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 Statement of Income and Retained Earnings, 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.

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 2 (2023 - 2 ) .

MOTORVATION (SOUTH EAST) LTD (REGISTERED NUMBER: 09482099)

Notes to the Financial Statements - continued
for the year ended 31st July 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,519 40,172
VAT 9,715 4,918
48,234 45,090

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 74,141 51,938
Tax 4,348 -
Other creditors 100 100
Directors' current accounts 144,361 180,209
Accrued expenses 2,000 1,500
224,950 233,747

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1