COMPANY REGISTRATION NUMBER:
16135542
|
Major Motors Holdings Ltd |
|
|
Filleted Unaudited Financial Statements |
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|
Major Motors Holdings Ltd |
|
Period from 13 December 2024 to 31 March 2025
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Notes to the financial statements |
2 to 3 |
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Major Motors Holdings Ltd |
|
31 March 2025
Fixed assets
Current assets
|
Cash at bank and in hand |
100 |
|
|
|
Creditors: amounts falling due within one year |
5 |
319,146 |
|
--------- |
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Net current liabilities |
319,046 |
|
--------- |
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Total assets less current liabilities |
139,952 |
|
|
|
|
Creditors: amounts falling due after more than one year |
6 |
139,852 |
|
--------- |
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Net assets |
100 |
|
--------- |
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|
|
Capital and reserves
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Called up share capital |
100 |
|
---- |
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Shareholders funds |
100 |
|
---- |
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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 comprehensive income has not been delivered.
For the period 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 period in question in accordance with section 476
;
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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
18 September 2025
, and are signed on behalf of the board by:
|
Mr J M Bratt |
Mr R Salt |
|
Director |
Director |
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Company registration number:
16135542
|
Major Motors Holdings Ltd |
|
|
Notes to the Financial Statements |
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Period from 13 December 2024 to 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 29 King Street, Newcastle- Under- Lyme, Staffordshire, ST5 1JE.
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. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Cash at bank and in hand This comprises cash at bank and cash in hand. Creditors Creditors are not interest bearing and are stated at their nominal value. Loans Loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4.
Investments
|
Shares in group undertakings |
|
£ |
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Cost |
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At 13 December 2024 |
– |
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Additions |
458,998 |
|
--------- |
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At 31 March 2025 |
458,998 |
|
--------- |
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Impairment |
|
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At 13 December 2024 and 31 March 2025 |
– |
|
--------- |
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|
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Carrying amount |
|
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At 31 March 2025 |
458,998 |
|
--------- |
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5.
Creditors:
amounts falling due within one year
|
31 Mar 25 |
|
£ |
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Other creditors |
319,146 |
|
--------- |
|
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6.
Creditors:
amounts falling due after more than one year
|
31 Mar 25 |
|
£ |
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Other creditors |
139,852 |
|
--------- |
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|
7.
Employee numbers
The average number of persons employed by the company during the period amounted to nil