M.P.T. Auto'S Ltd - Limited company accounts 25.1

REGISTERED NUMBER: 11096461 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

M.p.t. Auto'S Ltd

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

H S Lalli

SECRETARY:

REGISTERED OFFICE:

Sams Auto Services Middlemore Lane

Aldridge

Walsall

West Midlands

WS9 8SP

REGISTERED NUMBER:

11096461 (England and Wales)

ACCOUNTANTS:

Skeh Accountants Limited

61B

Caroline Street

The Jewellery Quarter

Birmingham

West Midlands

B3 1UF

The director presents his report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Motor Repair's and Motor body repairs

DIRECTOR

H S Lalli held office during the whole of the period from 1 January 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

H S Lalli - Director

9 September 2025

TURNOVER

286,057

255,194

Cost of sales

159,889

159,403

GROSS PROFIT

126,168

95,791

Distribution costs

63

-

Administrative expenses

112,692

97,352

112,755

97,352

OPERATING PROFIT/(LOSS)

13,413

(1,561

)

Interest receivable and
similar income

-

202

13,413

(1,359

)

Interest payable and similar
expenses

7,041

4,728

PROFIT/(LOSS) BEFORE TAXATION

6,372

(6,087

)

Tax on profit/(loss)

-

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

6,372

(6,087

)

FIXED ASSETS

Tangible assets

4

12,374

CURRENT ASSETS

Debtors

5

(11,092

)

(7,513

)

Cash at bank and in hand

38,072

30,881

26,980

23,368

CREDITORS

Amounts falling due within one
year

6

78,311

81,071

NET CURRENT LIABILITIES

(51,331

)

(57,703

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(38,957

)

(45,329

)

CREDITORS

Amounts falling due after more
than one year

7

25,627

NET LIABILITIES

(64,584

)

(70,956

)

RESERVES

Retained earnings

(64,584

)

(70,956

)

(64,584

)

(70,956

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

H S Lalli - Director

1.	STATUTORY INFORMATION

M.p.t. Auto'S Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

12,374

NET BOOK VALUE

At 31 December 2024

12,374

At 31 December 2023

12,374

5.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Trade debtors

(11,205

)

(7,626

)

Amounts falling due after more than one year:

Other debtors

113

Aggregate amounts

(11,092

)

(7,513

)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

53,067

25,476

Hire purchase contracts and finance leases

(3,831

)

(2,285

)

Trade creditors

4,521

31,998

Taxation and social security

(1,400

)

(72

)

Other creditors

25,954

78,311

81,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

25,623

Other creditors

4

25,627