02554031falsemotor vehicle service and repair2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/cd:Director32024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02554031
MOTOR-INN LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Prepared By:
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
MOTOR-INN LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
MR Moriarty
Mrs ML Spark
.
SECRETARY
Mrs ML Spark
REGISTERED OFFICE
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02554031
PLACE OF BUSINESS
726 Field End Road, South Ruislip, HA4 0QP
ACCOUNTANTS
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
MOTOR-INN LIMITED
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
MOTOR-INN LIMITED
BALANCE SHEET AT31 December 2024
Registered number: 02554031
20242023
Notes££
FIXED ASSETS
Tangible assets225,64029,106
CURRENT ASSETS
Stock36,64136,039
Debtors4110,73077,727
Cash at bank and in hand321,607347,657
468,978461,423
CREDITORS: Amounts falling due within one year5171,031220,075
NET CURRENT ASSETS297,947241,348
TOTAL ASSETS LESS CURRENT LIABILITIES323,587270,454
PROVISIONS FOR LIABILITIES AND CHARGES7104,000104,000
NET ASSETS219,587166,454
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account219,487166,354
SHAREHOLDERS' FUNDS219,587166,454
For the year ending 31 December 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on23 July 2025and signed on their behalf by
.............................
MR Moriarty
Director
MOTOR-INN LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesstraight line 10%
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 10%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
MOTOR-INN LIMITED
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsMotor CarsTotal
£££££
Cost
At 1 January 202413,885204,43839,6409,393267,356
Additions-2,515--2,515
At 31 December 202413,885206,95339,6409,393269,871
Depreciation
At 1 January 20244,167191,46933,7508,864238,250
For the year1,3893,8715891325,981
At 31 December 20245,556195,34034,3398,996244,231
Net Book Amounts
At 31 December 20248,32911,6135,30139725,640
At 31 December 20239,71812,9695,89052929,106
3. STOCK 20242023
££
Stock comprises:
Stock36,64136,039
36,64136,039
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,5882,020
Other debtors54-
Prepayments79,08875,707
Directors current account30,000-
110,73077,727
MOTOR-INN LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax52,02852,378
VAT41,17643,485
PAYE control13,08515,228
Trade creditors47,76388,022
Other creditors7,02411,460
Accruals9,9559,502
171,031220,075
6. EMPLOYEES
20242023
No.No.
Average number of employees1315
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation4,0004,000
Proposed dividends100,000100,000
104,000104,000
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
MOTOR-INN LIMITED
9. OTHER FINANCIAL COMMITMENTS
At 31 December 2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
After 5 years185,000185,000
10. CONTROLLING PARTY
The company is a subsidiary of and is controlled by Hillspar Estates Limited (registered office: 2 Burhill Grove, Pinner, Middlesex, HA5 3DW), the ultimate holding company, by virtue of that company's ownership of 76% of the issued share capital.