Company Registration No. 06958555 (England and Wales)
Plox Motors Limited
Unaudited accounts
for the year ended 31 August 2024
Plox Motors Limited
Unaudited accounts
Contents
Plox Motors Limited
Company Information
for the year ended 31 August 2024
Directors
Judith Halsall
Herman Halsall
Company Number
06958555 (England and Wales)
Registered Office
Upper Castle Barn
Tyrley Road
Tyrley
Market Drayton
Shropshire
TF9 2AQ
England
Accountants
Michael Phillips
Upper castle Barn
Tyrley Road
Market Drayton
Merseyside
TF9 2AQ
Plox Motors Limited
Statement of financial position
as at 31 August 2024
Intangible assets
4,679
7,019
Tangible assets
60,084
69,306
Cash at bank and in hand
181,429
191,974
Creditors: amounts falling due within one year
(40,879)
(72,519)
Net current assets
195,422
176,062
Net assets
260,185
252,387
Called up share capital
100
100
Profit and loss account
260,085
252,287
Shareholders' funds
260,185
252,387
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 directors acknowledge their 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 of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by
Judith Halsall
Director
Company Registration No. 06958555
Plox Motors Limited
Notes to the Accounts
for the year ended 31 August 2024
Plox Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 06958555. The registered office is Upper Castle Barn, Tyrley Road, Tyrley, Market Drayton, Shropshire, TF9 2AQ, England.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
36,000
At 1 September 2023
28,981
Plox Motors Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
125,364
90,538
3,500
219,402
At 31 August 2024
125,364
90,538
3,500
219,402
At 1 September 2023
73,323
75,802
971
150,096
Charge for the year
5,204
3,639
379
9,222
At 31 August 2024
78,527
79,441
1,350
159,318
At 31 August 2024
46,837
11,097
2,150
60,084
At 31 August 2023
52,041
14,736
2,529
69,306
Amounts falling due within one year
Trade debtors
44,172
37,800
Accrued income and prepayments
-
9,018
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
19,796
23,841
Taxes and social security
7,681
21,517
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).