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Company Registration No. 05758819 (England and Wales)
MDR MOTORS LIMITED
Financial Statements
for the Period from 01 November 2023 to 31 October 2024

MDR MOTORS LIMITED

Financial Statements for the period ending 31 October 2024

MDR MOTORS LIMITED

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

1. Statutory Information
MDR MOTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05758819.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Represents amounts receivable for vehicle repairs & servicing net of VAT

MDR MOTORS LIMITED

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

Stock
Stocks are valued at the lower of cost and net resalable value, after making due allowance for obsolete & slow moving items

MDR MOTORS LIMITED

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 4
2023 4
4. Principal Activity
45200 - Maintenance and repair of motor vehicles

MDR MOTORS LIMITED

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/11/2023 110,000 - 110,000
Additions - - -
Disposals - - -
Revaluations - - -
At 31/10/2024 110,000 - 110,000
Amortisation
At 01/11/2023 105,000 - 105,000
Charge for the Year 2,000 - 2,000
On Disposals - - -
Other increases/(decreases) - - -
At end of period 107,000 - 107,000
Net book value
At 31/10/2024 3,000 - 3,000
At 31/10/2023 5,000 - 5,000
6. Fixed Assets
Plant and Machinery Motor Vehicles Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £ £
At 01/11/2023 23,199 33,642 5,526 30,373 92,740
Additions 23,500 5,680 3,820 - 33,000
Disposals (21,020) (19,000) - (5,980) (46,000)
At 31/10/2024 25,679 20,322 9,346 24,393 79,740
Depreciation
At 01/11/2023 22,054 22,339 4,641 15,120 64,154
Charge for the year 2,079 2,167 126 2,600 6,972
Disposals (9,358) (12,000) (20) (2,642) (24,020)
At 31/10/2024 14,775 12,506 4,747 15,078 47,106
Net Book Value
At 31/10/2024 10,904 7,816 4,599 9,315 32,634
At 31/10/2023 1,145 11,303 885 15,253 28,586