Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31true11No description of principal activity2024-04-01false13falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04893067 2024-04-01 2025-03-31 04893067 2025-03-31 04893067 2023-04-01 2024-03-31 04893067 2024-03-31 04893067 c:CompanySecretary1 2024-04-01 2025-03-31 04893067 c:Director1 2024-04-01 2025-03-31 04893067 c:Director2 2024-04-01 2025-03-31 04893067 c:RegisteredOffice 2024-04-01 2025-03-31 04893067 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 04893067 d:Buildings d:LongLeaseholdAssets 2025-03-31 04893067 d:Buildings d:LongLeaseholdAssets 2024-03-31 04893067 d:PlantMachinery 2024-04-01 2025-03-31 04893067 d:PlantMachinery 2025-03-31 04893067 d:PlantMachinery 2024-03-31 04893067 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04893067 d:MotorVehicles 2024-04-01 2025-03-31 04893067 d:MotorVehicles 2025-03-31 04893067 d:MotorVehicles 2024-03-31 04893067 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04893067 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04893067 d:Goodwill 2025-03-31 04893067 d:Goodwill 2024-03-31 04893067 d:CurrentFinancialInstruments 2025-03-31 04893067 d:CurrentFinancialInstruments 2024-03-31 04893067 d:Non-currentFinancialInstruments 2025-03-31 04893067 d:Non-currentFinancialInstruments 2024-03-31 04893067 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 04893067 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04893067 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 04893067 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 04893067 d:ShareCapital 2025-03-31 04893067 d:ShareCapital 2024-03-31 04893067 d:RetainedEarningsAccumulatedLosses 2025-03-31 04893067 d:RetainedEarningsAccumulatedLosses 2024-03-31 04893067 c:FRS102 2024-04-01 2025-03-31 04893067 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04893067 c:FullAccounts 2024-04-01 2025-03-31 04893067 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04893067 d:WithinOneYear 2025-03-31 04893067 d:WithinOneYear 2024-03-31 04893067 d:BetweenOneFiveYears 2025-03-31 04893067 d:BetweenOneFiveYears 2024-03-31 04893067 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 04893067







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


MENDEM MOTORS LTD






































img2e95.png                        

 


MENDEM MOTORS LTD
 


 
COMPANY INFORMATION


Directors
K Manson 
N C Manson 




Company secretary
J Bass



Registered number
04893067



Registered office
Staceys Ind Park Whitehouse Farm
Silchester Road

Tadley

Hampshire

RG26 3PY




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


MENDEM MOTORS LTD
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 


MENDEM MOTORS LTD
REGISTERED NUMBER:04893067



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
71,767
49,390

  
71,767
49,390

Current assets
  

Stocks
  
9,200
9,876

Debtors: amounts falling due within one year
 6 
46,596
49,660

Cash at bank and in hand
  
54,321
38,120

  
110,117
97,656

Creditors: amounts falling due within one year
 7 
(105,537)
(134,437)

Net current assets/(liabilities)
  
 
 
4,580
 
 
(36,781)

Total assets less current liabilities
  
76,347
12,609

Creditors: amounts falling due after more than one year
 8 
(20,833)
(12,500)

Provisions for liabilities
  

Deferred tax
  
(16,408)
-

  
 
 
(16,408)
 
 
-

Net assets
  
39,106
109


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
39,006
9

  
39,106
109


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Page 1

 


MENDEM MOTORS LTD
REGISTERED NUMBER:04893067


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025



................................................
N C Manson
Director

Date: 1 July 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


MENDEM MOTORS LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Mendem Motors Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office, which is also the principal place of business, is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 


MENDEM MOTORS LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over Lease term
Plant and machinery
-
20% reducing balance
Motor vehicles
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2024 - 13).

Page 4

 


MENDEM MOTORS LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2024
100,000



At 31 March 2025

100,000



Amortisation


At 1 April 2024
100,000



At 31 March 2025

100,000



Net book value



At 31 March 2025
-



At 31 March 2024
-



Page 5

 


MENDEM MOTORS LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Total

£
£
£
£



Cost or valuation


At 1 April 2024
8,021
154,079
245,836
407,936


Additions
-
-
40,700
40,700


Disposals
-
-
(139,492)
(139,492)



At 31 March 2025

8,021
154,079
147,044
309,144



Depreciation


At 1 April 2024
8,021
129,703
220,822
358,546


Charge for the year on owned assets
-
4,341
4,544
8,885


Disposals
-
-
(130,054)
(130,054)



At 31 March 2025

8,021
134,044
95,312
237,377



Net book value



At 31 March 2025
-
20,035
51,732
71,767



At 31 March 2024
-
24,376
25,014
49,390


6.


Debtors

2025
2024
£
£


Trade debtors
25,126
32,099

Other debtors
12,802
9,216

Prepayments and accrued income
8,668
8,345

46,596
49,660


Included within other debtors is a loan to 

Page 6

 


MENDEM MOTORS LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
10,000
10,000

Trade creditors
37,995
59,964

Corporation tax
11,864
4,243

Other taxation and social security
11,656
38,193

Obligations under finance lease and hire purchase contracts
10,000
-

Other creditors
20,127
18,442

Accruals and deferred income
3,895
3,595

105,537
134,437


Included within other creditors falling due within one year is a loan from the Directors of £18,547 (2024 - £16,637). The loan is interest free and repayable on demand.


8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
2,500
12,500

Net obligations under finance leases and hire purchase contracts
18,333
-

20,833
12,500



9.


Commitments under operating leases

At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
99,000
99,000

Later than 1 year and not later than 5 years
198,000
297,000

297,000
396,000

 
Page 7