Entwisle Road Motors Ltd Company accounts

COMPANY REGISTRATION NUMBER: 00833460

Entwisle Road Motors Ltd

Unaudited Financial Statements

5 January 2025

Entwisle Road Motors Ltd

Financial Statements

Year ended 5 January 2025

Contents	Page

Directors' report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	4

Entwisle Road Motors Ltd

Directors' Report

Year ended 5 January 2025

The directors present their report and the unaudited financial statements of the company for the year ended 5 January 2025 .

Directors

The directors who served the company during the year were as follows:

Mr A Smith
Mr S Smith

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 28 September 2025 and signed on behalf of the board by:

Mr A Smith

Director

Registered office:

Ramsey Street Garage

Rochdale

UK

OL16 2BX

Entwisle Road Motors Ltd

Statement of Income and Retained Earnings

Year ended 5 January 2025

	2025	2024
Note	£	£
Turnover	102,696	175,815

Cost of sales	100,488	185,120
	---------	---------
Gross profit/(loss)	2,208	( 9,305)

Administrative expenses	27,163	24,124
Other operating income	8,222	12,044
	--------	--------
Operating loss	( 16,733)	( 21,385)

		--------	--------
Loss before taxation	5	( 16,733)	( 21,385)

Tax on loss	–	–
	--------	--------
Loss for the financial year and total comprehensive income	( 16,733)	( 21,385)
	--------	--------

Retained earnings at the start of the year	110,481	131,866
	---------	---------
Retained earnings at the end of the year	93,748	110,481
	---------	---------

All the activities of the company are from continuing operations.

Entwisle Road Motors Ltd

Statement of Financial Position

5 January 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	32,815	33,445

Current assets

Stocks		48,252	40,626
Debtors	7	6,602	3,774
Cash at bank and in hand		33,918	60,597
		--------	---------
		88,772	104,997

Creditors: amounts falling due within one year	8	27,835	27,957
		--------	---------
Net current assets		60,937	77,040
		--------	---------
Total assets less current liabilities		93,752	110,485
		--------	---------

Capital and reserves

Called up share capital	4	4
Profit and loss account	93,748	110,481
	--------	---------
Shareholder funds	93,752	110,485
	--------	---------

These financial statements have been prepared 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'.

For the year ending 5 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

- The directors acknowledge their 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 28 September 2025 , and are signed on behalf of the board by:

Mr A Smith

Director

Company registration number: 00833460

Entwisle Road Motors Ltd

Notes to the Financial Statements

Year ended 5 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ramsey Street Garage, Rochdale, OL16 2BX, UK.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	2,230	921
	-------	----

6. Tangible assets

	Freehold property	Plant and machinery	Total
	£	£	£
Cost
At 6 January 2024	22,655	56,147	78,802
Additions	–	1,600	1,600
	--------	--------	--------
At 5 January 2025	22,655	57,747	80,402
	--------	--------	--------
Depreciation
At 6 January 2024	–	45,357	45,357
Charge for the year	–	2,230	2,230
	--------	--------	--------
At 5 January 2025	–	47,587	47,587
	--------	--------	--------
Carrying amount
At 5 January 2025	22,655	10,160	32,815
	--------	--------	--------
At 5 January 2024	22,655	10,790	33,445
	--------	--------	--------

7. Debtors

	2025	2024
	£	£
Other debtors	6,602	3,774
	-------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	27,835	27,957
	--------	--------

9. Related party transactions