REGISTERED NUMBER: 04568159 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

TOTAL MOTOR CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Reid

S E Seymour

SECRETARY:

S E Seymour

REGISTERED OFFICE:

Unit 51

Sandwich Ind Est

Sandwich

Kent

CT13 9LY

REGISTERED NUMBER:

04568159 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Intangible assets

5

35,650

71,298

Tangible assets

6

356,614

88,888

392,264

160,186

CURRENT ASSETS

Stocks

465,230

365,917

Debtors

7

270,496

299,613

Cash at bank and in hand

2,256

95,185

737,982

760,715

CREDITORS

Amounts falling due within one year

8

517,773

334,322

NET CURRENT ASSETS

220,209

426,393

TOTAL ASSETS LESS CURRENT LIABILITIES

612,473

586,579

CREDITORS

Amounts falling due after more than one year

9

(4,167

)

(18,284

)

PROVISIONS FOR LIABILITIES

(18,938

)

-

NET ASSETS

589,368

568,295

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

589,268

568,195

SHAREHOLDERS' FUNDS

589,368

568,295

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 directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

S E Seymour - Director

1.	STATUTORY INFORMATION

Total Motor Care Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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 presentation and disclosure requirements of Section 1A applicable to small companies, and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable from the sale of goods or exchange of services, excluding discounts, rebates, value added tax and other sales taxes. Turnover is not recognised when goods or services are exchanged for goods or services that are of a similar nature and value or when the transaction lacks commercial substance.

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;

- the company retains neither continuing managerial involvement to the degree usually associated with the ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the transaction;

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

The percentage of completion method is used to calculate the revenue recognised at the period end.

Turnover from the rendering of services is recognised when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the economic benefits associated with the transaction will flow to the entity;

- the stage of completion of the transaction at the end of the reporting period can be measured reliably; and

- the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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

Assets held under finance lease and hire purchase contracts are capitalised in the balance sheet and depreciated over their expected useful lives. The interest element of the leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease.

All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

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.

Employee benefits

The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 19 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

356,482

AMORTISATION

At 1 January 2024

285,184

Charge for year

35,648

At 31 December 2024

320,832

NET BOOK VALUE

At 31 December 2024

35,650

At 31 December 2023

71,298

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

-

161,012

18,055

Additions

280,864

-

1,125

At 31 December 2024

280,864

161,012

19,180

DEPRECIATION

At 1 January 2024

-

89,540

12,614

Charge for year

-

10,721

985

At 31 December 2024

-

100,261

13,599

NET BOOK VALUE

At 31 December 2024

280,864

60,751

5,581

At 31 December 2023

-

71,472

5,441

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

23,000

16,266

218,333

Additions

-

583

282,572

At 31 December 2024

23,000

16,849

500,905

DEPRECIATION

At 1 January 2024

13,297

13,994

129,445

Charge for year

2,426

714

14,846

At 31 December 2024

15,723

14,708

144,291

NET BOOK VALUE

At 31 December 2024

7,277

2,141

356,614

At 31 December 2023

9,703

2,272

88,888

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

158,951

185,671

Other debtors

111,545

113,942

270,496

299,613

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

4,117

4,130

Trade creditors

97,251

38,979

Taxation and social security

123,748

171,321

Other creditors

282,657

109,892

517,773

334,322

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,167

14,167

Hire purchase contracts

-

4,117

4,167

18,284

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £122,110 (2023: £132,246).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

A M Reid

Balance outstanding at start of year

(3

)

(9

)

Amounts advanced

307,865

88,995

Amounts repaid

(347,356

)

(88,989

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(39,494

)

(3

)

The loan to the company from the director is unsecured, interest free and repayable on demand

In the year, there was a loan to the director from the company that was repaid. This loan was unsecured, repayable on demand and interest was charged on the loan at the official rate per HMRC.