Berrow Motors Ltd - Filleted accounts

Registered number

13343626

Berrow Motors Ltd

Filleted Accounts

30 April 2025

Berrow Motors Ltd
Registered number:		13343626
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		11,926			21,945

Current assets
Stocks		397,011			474,389
Debtors	4	(8,186)			61,905
Cash at bank and in hand		69,116			1,736
		457,941			538,030

Creditors: amounts falling due within one year	5	(268,297)			(130,704)

Net current assets			189,644			407,326

Total assets less current liabilities			201,570			429,271

Creditors: amounts falling due after more than one year	6		(195,265)			(391,896)

Provisions for liabilities			(1,929)			(2,271)


Net assets			4,376			35,104

Capital and reserves
Called up share capital			100			100
Profit and loss account			4,276			35,004

Shareholders' funds			4,376			35,104

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Betty
Director
Approved by the board on 17 July 2025

Berrow Motors Ltd
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer equipment			over 3 years
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2024	3,313		11,049		21,407		35,769
	Additions	-		1,750		-		1,750
	Disposals	-		-		(11,520)		(11,520)
	At 30 April 2025	3,313		12,799		9,887		25,999

	Depreciation
	At 1 May 2024	1,879		4,136		7,809		13,824
	Charge for the year	885		1,732		1,112		3,729
	On disposals	-		-		(3,480)		(3,480)
	At 30 April 2025	2,764		5,868		5,441		14,073

	Net book value
	At 30 April 2025	549		6,931		4,446		11,926
	At 30 April 2024	1,434		6,913		13,598		21,945


4	Debtors					2025		2024
£							£

	Trade debtors					(9,478)		30,663
	Other debtors					1,292		31,242
						(8,186)		61,905


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		10,560
	Trade creditors					240,236		68,403
	Taxation and social security costs					26,398		38,171
	Other creditors					1,663		13,570
						268,297		130,704


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					10,854		7,657
	Other creditors					184,411		384,239
						195,265		391,896


7	Controlling party

	The company is under the full control of Mr J Betty by virtue of shareholding.


8	Other information

	Berrow Motors Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	219 Berrow Road
	Burnham-on-Sea
	Somerset
	TA8 2JG