A2Z of Motoring Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09161514

A2Z of Motoring Limited

Filleted Unaudited Financial Statements

31 March 2025

A2Z of Motoring Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	3,400	5,100
Tangible assets	6	50,788	41,710
		--------	--------
		54,188	46,810

Current assets

Debtors	7	36,586	27,290
Cash at bank and in hand		5,820	16,667
		--------	--------
		42,406	43,957

Creditors: amounts falling due within one year	8	29,367	42,538
		--------	--------
Net current assets		13,039	1,419
		--------	--------
Total assets less current liabilities		67,227	48,229

Creditors: amounts falling due after more than one year	9	3,592	–
		--------	--------
Net assets		63,635	48,229
		--------	--------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	62,635	47,229
	--------	--------
Shareholders funds	63,635	48,229
	--------	--------

These financial statements have been prepared and delivered 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'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

A2Z of Motoring Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 10 September 2025 , and are signed on behalf of the board by:

Mr NC Zapettis

Director

Company registration number: 09161514

A2Z of Motoring Limited

Notes to the Financial Statements

Year ended 31 March 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 Suite 209, Alcoa Hq Building, Westfield Industrial Park, Waunarlwydd, Swansea, SA5 4SF.

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.

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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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.

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
Motor vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	17,000
	--------
Amortisation
At 1 April 2024	11,900
Charge for the year	1,700
	--------
At 31 March 2025	13,600
	--------
Carrying amount
At 31 March 2025	3,400
	--------
At 31 March 2024	5,100
	--------

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	6,214	87,009	93,223
Additions	59	28,163	28,222
Disposals	–	( 20,342)	( 20,342)
	-------	--------	---------
At 31 March 2025	6,273	94,830	101,103
	-------	--------	---------
Depreciation
At 1 April 2024	5,224	46,289	51,513
Charge for the year	249	13,309	13,558
Disposals	–	( 14,756)	( 14,756)
	-------	--------	---------
At 31 March 2025	5,473	44,842	50,315
	-------	--------	---------
Carrying amount
At 31 March 2025	800	49,988	50,788
	-------	--------	---------
At 31 March 2024	990	40,720	41,710
	-------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	2,876	2,209
Other debtors	33,710	25,081
	--------	--------
	36,586	27,290
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	8,000	12,333
Trade creditors	265	1,730
Corporation tax	464	13,352
Social security and other taxes	5,842	6,523
Other creditors	14,796	8,600
	--------	--------
	29,367	42,538
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	3,592	–
	-------	----