2024-04-01 04575653 2025-03-31 04575653 2024-04-01 2025-03-31 04575653 2024-03-31 04575653 2023-04-01 2024-03-31 04575653 uk-core:WithinOneYear 2024-03-31 04575653 uk-core:WithinOneYear 2025-03-31 04575653 uk-core:ShareCapital 2025-03-31 04575653 uk-core:ShareCapital 2024-03-31 04575653 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 04575653 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04575653 uk-bus:Director1 2024-04-01 2025-03-31 04575653 uk-core:Buildings 2024-04-01 2025-03-31 04575653 uk-core:PlantMachinery 2024-04-01 2025-03-31 04575653 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 04575653 uk-core:FurnitureFittings 2024-04-01 2025-03-31 04575653 uk-core:FurnitureFittings 2024-03-31 04575653 uk-core:CommercialMotorVehicles 2024-03-31 04575653 uk-core:PlantMachinery 2024-03-31 04575653 uk-core:Buildings 2024-03-31 04575653 uk-core:PlantMachinery 2025-03-31 04575653 uk-core:CommercialMotorVehicles 2025-03-31 04575653 uk-core:FurnitureFittings 2025-03-31 04575653 uk-core:Buildings 2025-03-31 iso4217:GBP xbrli:pure 04575653 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04575653 uk-bus:FRS102 2024-04-01 2025-03-31 04575653 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 04575653 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Cunningham Motors Limited
Registered Number:04575653
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Cunningham Motors Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04575653
As at 31 March 2025
Cunningham Motors Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
72,589
75,892
2
72,589
75,892
Current assets
Inventories
2,740
2,980
3
Trade and other receivables
24,868
13,099
4
81,356
Cash and cash equivalents
41,161
57,240
108,964
Trade and other payables: amounts falling due within
one year
(49,173)
(35,233)
5
59,791
22,007
Net current assets
Total assets less current liabilities
94,596
135,683
(8,495)
(6,865)
Provisions for liabilities
86,101
Net assets
128,818
Capital and reserves
Called up share capital
100
100
Retained earnings
86,001
128,718
86,101
128,818
Shareholders' funds
For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year and of its profit or loss for each financial year in accordance with
the requirements of Section 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered
.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
04575653
For the year ended 31 March 2025
Cunningham Motors Limited
Statement of Financial Position Continued
Mr Ricky James Bramham Director
These financial statements were approved and authorised for issue by the Board on 27 May 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2025
Cunningham Motors Limited
Notes to the Financial Statements
Statutory Information
Cunningham Motors Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04575653.
Registered address:
Station Lane
Thetford
Norfolk
IP24 1ND
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under
the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
10% Straight line
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 March 2025
Cunningham Motors Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor
vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 April 2024
181,128
2,100
36,642
96,709
45,677
26,600
-
26,000
600
-
Additions
-
(28,898)
-
-
Disposals
(28,898)
At 31 March 2025
97,309
33,744
2,100
178,830
45,677
Provision for depreciation and impairment
At 01 April 2024
105,236
1,238
20,542
48,259
35,197
Charge for year
18,493
129
8,435
7,275
2,654
(17,488)
-
(17,488)
-
-
On disposal
At 31 March 2025
106,241
1,367
11,489
55,534
37,851
At 31 March 2025
Net book value
7,826
41,775
22,255
733
72,589
At 31 March 2024
10,480
48,450
16,100
862
75,892
3. Inventories
2024
2025
£
£
Stocks
2,980
2,740
4. Trade and other receivables
2024
2025
£
£
Trade debtors
13,099
24,868
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7
For the year ended 31 March 2025
Cunningham Motors Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
25,216
16,085
Taxation and social security
8,053
27,851
Other creditors
1,964
5,237
35,233
49,173
6. Related party transactions
During the year the Company paid rent of £19,200 (2024: £19,200) for premises owned by the
Directors Mr David Constance and Mrs Genene Constance
7. Average number of persons employed
During the year the average number of employees was 4 (2024 : 4)
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