MOTOGEAR MARKETING LIMITED

Company Registration Number:
01053479 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

MOTOGEAR MARKETING LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

MOTOGEAR MARKETING LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,575,333 1,570,870
Total fixed assets: 1,575,333 1,570,870
Current assets
Stocks: 1,903,755 1,834,094
Debtors:   199,286 229,769
Cash at bank and in hand: 866,156 1,551,683
Total current assets: 2,969,197 3,615,546
Creditors: amounts falling due within one year:   (1,158,920) (2,022,470)
Net current assets (liabilities): 1,810,277 1,593,076
Total assets less current liabilities: 3,385,610 3,163,946
Creditors: amounts falling due after more than one year:   (258,684) (258,684)
Provision for liabilities: (22,332) (15,769)
Total net assets (liabilities): 3,104,594 2,889,493
Capital and reserves
Called up share capital: 4,400 4,400
Revaluation reserve:4659,276659,276
Profit and loss account: 2,440,918 2,225,817
Shareholders funds: 3,104,594 2,889,493

The notes form part of these financial statements

MOTOGEAR MARKETING LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 June 2025
and signed on behalf of the board by:

Name: Lindsay Graham
Status: Director

The notes form part of these financial statements

MOTOGEAR MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Long leasehold property - 2% straight line Plant & machinery - 20% reducing balance Fixtures & fittings - 20% reducing balance

MOTOGEAR MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 19 20

MOTOGEAR MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 2,456,626
Additions 25,495
At 30 September 2024 2,482,121
Depreciation
At 01 October 2023 885,756
Charge for year 21,032
At 30 September 2024 906,788
Net book value
At 30 September 2024 1,575,333
At 30 September 2023 1,570,870

MOTOGEAR MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Revaluation reserve

2024
£
Balance at 01 October 2023 659,276
Surplus or deficit after revaluation 0
Balance at 30 September 2024 659,276

MOTOGEAR MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Related party transactions

Name of the related party: Shirley Telford
Relationship:
Director
Description of the Transaction: Funds loaned to the company
£
Balance at 01 October 2023 186,184
Balance at 30 September 2024 186,184
Name of the related party: Lindsay Graham
Relationship:
Director
Description of the Transaction: Funds loaned to the company
£
Balance at 01 October 2023 92,500
Balance at 30 September 2024 122,543
Name of the related party: M J Telford Garage (Carlisle) Limited
Relationship:
Associated Company
Description of the Transaction: Service charges paid to M J Telford Garage (Carlisle) Ltd totalled £48,619 during the year
£
Balance at 01 October 2023 0
Balance at 30 September 2024 0