Company registration number 06696980 (England and Wales)
MOTOSOLVE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
MOTOSOLVE LIMITED
COMPANY INFORMATION
Director
Mr S A Gibson
Secretary
Mrs R Gibson
Company number
06696980
Registered office
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
Accountants
Koshal Associates
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
MOTOSOLVE LIMITED
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 4
MOTOSOLVE LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MOTOSOLVE LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Motosolve Limited for the year ended 30 September 2022 which comprise and the related notes from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the board of directors of Motosolve Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Motosolve Limited and state those matters that we have agreed to state to the board of directors of Motosolve Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Motosolve Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Motosolve Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Motosolve Limited. You consider that Motosolve Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Motosolve Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Koshal Associates
Chartered Accountants
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
29 September 2025
MOTOSOLVE LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
127,366
132,050
Current assets
Debtors
1,866
-
0
Cash at bank and in hand
843
718
2,709
718
Creditors: amounts falling due within one year
4
(19,238)
(16,524)
Net current liabilities
(16,529)
(15,806)
Total assets less current liabilities
110,837
116,244
Creditors: amounts falling due after more than one year
5
(47,980)
(52,548)
Net assets
62,857
63,696
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
62,757
63,596
Total equity
62,857
63,696

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 29 September 2025
Mr S A Gibson
Director
Company registration number 06696980 (England and Wales)
MOTOSOLVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

Motosolve Limited is a private company limited by shares incorporated in England and Wales. The registered office is Gautam House, 1 - 3 Shenley Avenue, Ruislip Manor, Middlesex, HA4 6BP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Plant and equipment
- 10% on reducing balance
1.4
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.

1.5
Leases

Rentals payable under operating leases are charged to profit or loss on a straight line basis over the term of the relevant lease.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
MOTOSOLVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
3
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 October 2023 and 30 September 2024
113,315
45,646
158,961
Depreciation and impairment
At 1 October 2023
-
0
26,911
26,911
Depreciation charged in the year
-
0
4,684
4,684
At 30 September 2024
-
0
31,595
31,595
Carrying amount
At 30 September 2024
113,315
14,051
127,366
At 30 September 2023
113,315
18,735
132,050
4
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
14,439
14,106
Other taxation and social security
-
0
417
Other creditors
4,799
2,001
19,238
16,524
5
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
47,980
52,548
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