Clive Motor Works LLP

	Page
Abridged Statement of Financial Position	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: OC389412

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		839		2,018

			839		2,018
CURRENT ASSETS
Stocks		500		500
Debtors		(55 )		81
Cash at bank and in hand		100,265		101,791

		100,710		102,372
Creditors: Amounts Falling Due Within One Year		(7,144 )		(9,076 )

NET CURRENT ASSETS (LIABILITIES)			93,566		93,296

TOTAL ASSETS LESS CURRENT LIABILITIES			94,405		95,314

NET ASSETS ATTRIBUTABLE TO MEMBERS			94,405		95,314

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		84,405		85,314

			84,405		85,314

Equity
Members' other interests
Members' capital		10,000		10,000

			10,000		10,000

			94,405		95,314

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			84,405		85,314
Members' other interests			10,000		10,000

			94,405		95,314

Page 1

Page 2

Clive Motor Works LLP

Abridged Statement of Financial Position (continued)

As At 31 December 2024

For the year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Income Statement.

All of the LLP's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

GJA Auto Services Ltd

Designated Member

14/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Clive Motor Works LLP is a limited liability partnership, incorporated in England & Wales, registered number OC389412 . The Registered Office is Unit 9 Barnack Business Centre, Blakey Road, Salisbury, Wiltshire, SP1 2LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% straight line
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members, during the year was: 3 (2023: 3)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	13,254

As at 31 December 2024	13,254

Depreciation
As at 1 January 2024	11,236
Provided during the period	1,179

As at 31 December 2024	12,415

...CONTINUED

Page 3

Page 4

Clive Motor Works LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	839

As at 1 January 2024	2,018

5. Related Party Transactions

The LLP paid £4,800 rent for workshop space to Mr Keith Powell & Mrs Susan Powell, who are both members of the LLP.

Page 4