Braintree MOT Centre Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08271962

Braintree MOT Centre Ltd

Filleted Unaudited Financial Statements

31 December 2024

Braintree MOT Centre Ltd

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Braintree MOT Centre Ltd

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Current assets

Stocks		96	128
Debtors	5	2,509	5,832
Cash at bank and in hand		29,038	43,297
		--------	--------
		31,643	49,257

Creditors: amounts falling due within one year	6	7,955		13,570
		--------		--------
Net current assets			23,688		35,687
			--------		--------
Total assets less current liabilities			23,688		35,687
			--------		--------
Net assets			23,688		35,687
			--------		--------

Capital and reserves

Called up share capital	7	100	100
Profit and loss account		23,588	35,587
		--------	--------
Shareholders funds		23,688	35,687
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 September 2025 , and are signed on behalf of the board by:

R A Boatwright
Director

Company registration number: 08271962

Braintree MOT Centre Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 3 ).

5. Debtors

	2024	2023
	£	£
Trade debtors	987	1,906
Prepayments and accrued income	–	2,720
Amounts owed by related undertakings	595	–
Other debtors	927	1,206
	-------	-------
	2,509	5,832
	-------	-------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,149	5,126
Accruals and deferred income	1,680	1,600
Corporation tax	1,877	3,696
Social security and other taxes	335	420
Director loan accounts	75	75
Amount owed to related undertakings	2,839	2,653
	-------	--------
	7,955	13,570
	-------	--------

7. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

8. Related party transactions

At the year end the company owed its director £75 (2023 - £75) which is shown amongst creditors. At the year end the company owed related undertakings £2,839 (2023 - £2,653) which is shown amongst creditors.