REGISTERED NUMBER: 14746084 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MOTO EXHAUSTS LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

556

686

CURRENT ASSETS

Stocks

24,022

29,543

Debtors

5

-

67

Cash at bank

7,715

8,815

31,737

38,425

CREDITORS

Amounts falling due within one year

6

26,292

35,670

NET CURRENT ASSETS

5,445

2,755

TOTAL ASSETS LESS CURRENT LIABILITIES

6,001

3,441

PROVISIONS FOR LIABILITIES

7

106

130

NET ASSETS

5,895

3,311

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

5,795

3,211

SHAREHOLDERS' FUNDS

5,895

3,311

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 November 2025 and were signed by:

Mr D Woolley - Director

1.	STATUTORY INFORMATION

Moto Exhausts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14746084

Registered office:

25 Lode Way

Chatteris

Cambridgeshire

PE16 6TN

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant & equipment

-

15% on reducing balance

Office & computer equipment

-

20% on cost and 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 Income Statement, 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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office &

Plant &

computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

365

470

835

DEPRECIATION

At 1 April 2024

55

94

149

Charge for year

47

83

130

At 31 March 2025

102

177

279

NET BOOK VALUE

At 31 March 2025

263

293

556

At 31 March 2024

310

376

686

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

67

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

2,789

4,024

Other creditors

23,503

31,646

26,292

35,670

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

106

130

Deferred

tax

£

Balance at 1 April 2024

130

Credit to Income Statement during year

(24

)

Balance at 31 March 2025

106

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £8,750 (2024 - £14,500) were paid to the director .

Included in other creditors falling due within one year is a loan from the director to the company amounting to £22,364 (2024 - £30,474). This loan is non-interest bearing and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Woolley.