Reeds Motors Ltd - Accounts

	Registered number
	09897398

	Reeds Motors Ltd
	Unaudited Accounts
	for the year ended
	31 December 2024

Reeds Motors Ltd Balance Sheet as at 31 December 2024
	Notes		2024 £		2023 £
Fixed assets
Tangible assets	3		61,750		45,938
			61,750		45,938

Current assets
Stocks		252,260		655,000
Debtors		7,500		0
Cash at bank and in hand		412,035		259,573
		671,795		914,573

Creditors: amounts falling due within one year		(252,281)		(462,702)

Net current assets / (liabilities)			419,514		451,871

Total assets less current liabilities			481,264		497,809

Creditors: amounts falling due after more than one year			(335,169)		(369,298)

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(350)		(0)

Total net assets (liabilities)			145,745		128,511

Capital and reserves
Called up share capital			100		100
Profit and loss account			145,645		128,411
Shareholders' funds			145,745		128,511

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

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.

Signed on behalf of the board of directors

...............................

Mr A Harris

Director

Approved by the board on 4 September 2025

Company Number: 09897398 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

86 Welley Road
Wraysbury
Staines-upon-thames
Middlesex
TW19 5EP
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Fixtures & fittings	15% Reducing Balance
Office equipment	15% Reducing Balance
Vehicles	20% Reducing Balance
Tools & equipment	15% Reducing Balance

Employees
	2024	2023
Average number of employees during the period	1	2

Tangible fixed assets
	Fixtures & fittings	Office equipment	Vehicles	Tools & equipment	Total
Cost or valuation	£	£	£	£	£
At 1 January 2024	1,374	2,231	65,000	9,945	78,550
Additions	0	1,547	25,000	4,080	30,627
At 31 December 2024	1,374	3,778	90,000	14,025	109,177
Depreciation
At 1 January 2024	782	1,565	23,400	6,865	32,612
Charge for the period	89	332	13,320	1,074	14,815
At 31 December 2024	871	1,897	36,720	7,939	47,427
Net book value
At 31 December 2024	503	1,881	53,280	6,086	61,750
At 31 December 2023	592	666	41,600	3,080	45,938