MOTORING.CO.UK LIMITED

Company Registration Number:
06073777 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MOTORING.CO.UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

MOTORING.CO.UK LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 133,472 180,044
Tangible assets: 4 1,746 3,299
Investments:   0 0
Total fixed assets: 135,218 183,343
Current assets
Stocks: 0 0
Debtors: 5 464,360 622,902
Cash at bank and in hand: 172,569 17,213
Investments:   0 0
Total current assets: 636,929 640,115
Creditors: amounts falling due within one year: 6 (1,058,174) (1,067,286)
Net current assets (liabilities): (421,245) (427,171)
Total assets less current liabilities: (286,027) (243,828)
Creditors: amounts falling due after more than one year: 7 (4,129) (14,276)
Provision for liabilities: 0 0
Total net assets (liabilities): (290,156) (258,104)
Capital and reserves
Called up share capital: 19 19
Share premium account: 874,989 874,989
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,165,164) (1,133,112)
Shareholders funds: (290,156) (258,104)

The notes form part of these financial statements

MOTORING.CO.UK LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 September 2025
and signed on behalf of the board by:

Name: Stephen Brown
Status: Director

The notes form part of these financial statements

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment - 25% on cost. Fixtures & Fittings - 33% on cost.

Intangible fixed assets and amortisation policy

Intangible assets represent website and brand development costs. These costs will be amortised over the remaining useful life of the asset.

Other accounting policies

Hire Purchase and Lease Transactions: Rentals under operating leases are charged to the profit and loss account as they fall due.

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 18 25

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 475,802
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 475,802
Amortisation
At 01 January 2024 295,758
Charge for year 46,572
On disposals 0
Other adjustments 0
At 31 December 2024 342,330
Net book value
At 31 December 2024 133,472
At 31 December 2023 180,044

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 44,699
Additions 655
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 45,354
Depreciation
At 01 January 2024 41,400
Charge for year 2,208
On disposals 0
Other adjustments 0
At 31 December 2024 43,608
Net book value
At 31 December 2024 1,746
At 31 December 2023 3,299

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

Trade Debtors: £348,096 (2023: £593,881). Other Debtors: £116,263 (2023: £29,021).

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

Other Loans: £10,648 (2023: £10,648). Trade Creditors: £194,989 (2023: £197,577). Social Security and other taxes: £117,457 (2023: £133,848). Other Creditors: £136,554 (2023: £173,947). Amounts due to related undertakings: £598,526 (2023: £551,265).

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

Other Loans: £4,129 (2023: £14,276).

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Financial commitments

Operating leases which expire within one year: £31,623 (2023: £31,705). Operating leases which expire within two to five years: £25,216 (2023: £56,824).

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

9. Loans to directors

Name of director receiving advance or credit: Chris Green
Description of the loan: A directors loan for personal use, repayable on demand.
£
Balance at 01 January 2024 0
Advances or credits made: 14,844
Advances or credits repaid: 0
Balance at 31 December 2024 14,844

MOTORING.CO.UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

10. Related party transactions

At 31 December 2024, the company owed £189,661 to director S J Taylor (31 Dec 2023: £175,437) in the form of director loans, and £218,462 to director S J Taylor in the form of a loan assigned from a 3rd party (31 Dec 2023: £199,705). The amounts are included within amounts due to related undertakings and are payable on demand.