Company Registration No. 06203363 (England and Wales)
M.R. MOTOR SERVICES LIMITED
Unaudited accounts
for the year ended 31 May 2024
M.R. MOTOR SERVICES LIMITED
Unaudited accounts
Contents
M.R. MOTOR SERVICES LIMITED
Company Information
for the year ended 31 May 2024
Company Number
06203363 (England and Wales)
Registered Office
M R MOTOR
WHALEBONE LANE NORTH
LONDON
RM6 5QT
M.R. MOTOR SERVICES LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
178,000
76,383
Cash at bank and in hand
23,082
66,353
Creditors: amounts falling due within one year
(20,670)
(24,179)
Net current assets
161,958
209,839
Total assets less current liabilities
339,958
286,222
Creditors: amounts falling due after more than one year
(211,547)
(178,490)
Net assets
128,411
107,732
Called up share capital
100
100
Profit and loss account
128,311
107,632
Shareholders' funds
128,411
107,732
For the year ending 31 May 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 13 May 2025 and were signed on its behalf by
MOIN AKHTAR
Director
Company Registration No. 06203363
M.R. MOTOR SERVICES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
M.R. MOTOR SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06203363. The registered office is M R MOTOR, WHALEBONE LANE NORTH, LONDON, RM6 5QT.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
138,439
26,654
44,572
209,665
Additions
-
138,783
1,907
140,690
At 31 May 2024
138,439
165,437
46,479
350,355
At 1 June 2023
110,878
8,731
13,673
133,282
Charge for the year
4,961
28,207
5,905
39,073
At 31 May 2024
115,839
36,938
19,578
172,355
At 31 May 2024
22,600
128,499
26,901
178,000
At 31 May 2023
27,561
17,923
30,899
76,383
Amounts falling due after more than one year
Other debtors
114,300
96,300
M.R. MOTOR SERVICES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
4,358
Taxes and social security
19,043
14,624
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
177,165
145,989
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).