WHEELS (MOT CENTRE) LIMITED

Company Registration Number:
02985052 (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

WHEELS (MOT CENTRE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

WHEELS (MOT CENTRE) LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 159,230 134,202
Total fixed assets: 159,230 134,202
Current assets
Stocks: 38,810 68,265
Debtors:   33,605 33,753
Cash at bank and in hand: 267,104 293,289
Total current assets: 339,519 395,307
Creditors: amounts falling due within one year: 4 (218,885) (284,900)
Net current assets (liabilities): 120,634 110,407
Total assets less current liabilities: 279,864 244,609
Creditors: amounts falling due after more than one year: 5 (49,483) (116,050)
Total net assets (liabilities): 230,381 128,559
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 230,379 128,557
Shareholders funds: 230,381 128,559

The notes form part of these financial statements

WHEELS (MOT CENTRE) 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 29 September 2025
and signed on behalf of the board by:

Name: G. WEAL ESQ.
Status: Director

The notes form part of these financial statements

WHEELS (MOT CENTRE) 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

WHEELS (MOT CENTRE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 11 11

WHEELS (MOT CENTRE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 413,671
Additions 102,056
Disposals (38,654)
At 31 December 2024 477,073
Depreciation
At 01 January 2024 279,469
Charge for year 48,037
On disposals (9,663)
At 31 December 2024 317,843
Net book value
At 31 December 2024 159,230
At 31 December 2023 134,202

WHEELS (MOT CENTRE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts £53,875 Trade creditors £19,256 Other creditors £32 Corporation tax £21,569 Other tax and social security £27,745 Accruals and deferred income £96,408

WHEELS (MOT CENTRE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

Bank loans and overdrafts £49,483