| Manywells MOT & Service Ltd |
| Registered number: |
13005802 |
| Balance Sheet |
| as at 31 May 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
1,435 |
|
|
5,932 |
|
| Current assets |
| Stocks |
|
|
500 |
|
|
500 |
| Debtors |
5 |
|
11,716 |
|
|
- |
| Cash at bank and in hand |
|
|
96,122 |
|
|
141,331 |
|
|
|
108,338 |
|
|
141,831 |
|
| Creditors: amounts falling due within one year |
6 |
|
(66,327) |
|
|
(78,840) |
|
| Net current assets |
|
|
|
42,011 |
|
|
62,991 |
|
| Net assets |
|
|
|
43,446 |
|
|
68,923 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
105 |
|
|
105 |
| Profit and loss account |
|
|
|
43,341 |
|
|
68,818 |
|
| Shareholder's funds |
|
|
|
43,446 |
|
|
68,923 |
|
|
|
|
|
|
|
|
| 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 member has 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. |
|
|
|
|
| N Wilde |
| Director |
| Approved by the board on 3 September 2025 |
|
| Manywells MOT & Service Ltd |
| Notes to the Accounts |
| for the period from 1 December 2024 to 31 May 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). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
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: |
|
|
Plant and machinery |
over 5 years |
|
|
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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 December 2024 |
106,000 |
|
At 31 May 2025 |
106,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 December 2024 |
106,000 |
|
At 31 May 2025 |
106,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 3 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 December 2024 |
22,489 |
|
At 31 May 2025 |
22,489 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2024 |
16,557 |
|
Charge for the period |
4,497 |
|
At 31 May 2025 |
21,054 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
1,435 |
|
At 30 November 2024 |
5,932 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
11,716 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Directors current account |
- |
|
14,241 |
|
Bank loans and overdrafts |
15,220 |
|
17,470 |
|
Trade creditors |
9,086 |
|
13,419 |
|
Taxation and social security costs |
41,521 |
|
32,885 |
|
Other creditors |
500 |
|
825 |
|
|
|
|
|
|
66,327 |
|
78,840 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Manywells MOT & Service Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Manywells MOT & Service |
|
Walker Terrace |
|
Cullingworth |
|
BD13 5DN |