REGISTERED NUMBER: 05850676 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

M K MOTOR SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Accountants' Report

6

DIRECTOR:

T L Berry

REGISTERED OFFICE:

Unit 3E Brett Drive

BEXHILL ON SEA

East Sussex

TN40 2JP

REGISTERED NUMBER:

05850676 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Tangible assets

4

48,480

46,391

CURRENT ASSETS

Stocks

6,000

6,000

Debtors

5

1,990

5,483

Cash at bank and in hand

90,944

88,589

98,934

100,072

CREDITORS

Amounts falling due within one year

6

78,530

76,456

NET CURRENT ASSETS

20,404

23,616

TOTAL ASSETS LESS CURRENT LIABILITIES

68,884

70,007

CREDITORS

Amounts falling due after more than one year

7

(1,670

)

(11,320

)

PROVISIONS FOR LIABILITIES

(6,737

)

(4,135

)

NET ASSETS

60,477

54,552

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

60,377

54,452

SHAREHOLDERS' FUNDS

60,477

54,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2025 and were signed by:

T L Berry - Director

1.	STATUTORY INFORMATION

M K Motor Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The director has considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.The director has paid particular attention to likely cashflow requirements and the future availability of adequate cashflow to the company.

On the basis of this consideration, the director is confident that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised when the company receives the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

7,842

108,910

6,102

Additions

-

15,129

-

Disposals

-

-

-

At 31 March 2025

7,842

124,039

6,102

DEPRECIATION

At 1 April 2024

6,756

94,003

5,348

Charge for year

163

6,007

150

Eliminated on disposal

-

-

-

At 31 March 2025

6,919

100,010

5,498

NET BOOK VALUE

At 31 March 2025

923

24,029

604

At 31 March 2024

1,086

14,907

754

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

37,871

5,364

166,089

Additions

-

-

15,129

Disposals

(7,371

)

-

(7,371

)

At 31 March 2025

30,500

5,364

173,847

DEPRECIATION

At 1 April 2024

8,915

4,676

119,698

Charge for year

5,594

137

12,051

Eliminated on disposal

(6,382

)

-

(6,382

)

At 31 March 2025

8,127

4,813

125,367

NET BOOK VALUE

At 31 March 2025

22,373

551

48,480

At 31 March 2024

28,956

688

46,391

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,990

5,483

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,997

10,344

Trade creditors

22,596

13,313

Tax

23,587

24,101

Social security and other taxes

62

403

VAT

7,341

15,262

Directors' current accounts

13,382

11,533

Accrued expenses

1,565

1,500

78,530

76,456

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

1,670

10,068

Bank loans - 2-5 years

-

1,252

1,670

11,320

8.	RELATED PARTY DISCLOSURES

A directors loan account exists to which there are no terms attached. At the year end, Mr T Berry was owed £13,382 by the company.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M K Motor Services Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of M K Motor Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M K Motor Services Limited and state those matters that we have agreed to state to the director of M K Motor Services Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M K Motor Services Limited and its director for our work or for this report.

It is your duty to ensure that M K Motor Services 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 M K Motor Services Limited. You consider that M K Motor Services 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 M K Motor Services 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.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

15 October 2025