REGISTERED NUMBER: 04368327 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KEITH EDWARDS MOTORS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K A Edwards

SECRETARY:

Mr I D Edwards

REGISTERED OFFICE:

Unit 5c North Lonsdale Industrial Estate

North Lonsdale Road

Ulverston

Cumbria

LA12 9DL

REGISTERED NUMBER:

04368327 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow-in-Furness

Cumbria

LA14 1WY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,626

25,821

21,626

25,821

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

42,626

34,797

Cash at bank and in hand

19,762

37,902

63,388

73,699

CREDITORS

Amounts falling due within one year

83,052

91,921

NET CURRENT LIABILITIES

(19,664

)

(18,222

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,962

7,599

CREDITORS

Amounts falling due after more than one year

982

7,274

NET ASSETS

980

325

CAPITAL AND RESERVES

Called up share capital

6

10

10

Retained earnings

970

315

SHAREHOLDERS' FUNDS

980

325

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

Mr K A Edwards - Director

1.	STATUTORY INFORMATION

Keith Edwards Motors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of services, excluding VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, was fully amortised in a prior period.

Goodwill is initially measured at cost. After initial recognition, goodwill is measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

7,500

AMORTISATION

At 1 April 2024

and 31 March 2025

7,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

170,138

Additions

3,472

At 31 March 2025

173,610

DEPRECIATION

At 1 April 2024

144,317

Charge for year

7,667

At 31 March 2025

151,984

NET BOOK VALUE

At 31 March 2025

21,626

At 31 March 2024

25,821

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

10

Ordinary

£1

10

10

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr K A Edwards

Balance outstanding at start of year

27,906

52,739

Amounts advanced

54,650

27,906

Amounts repaid

(45,000

)

(52,739

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

37,556

27,906

During the financial year the director was charged £728 (2024: £897) interest on the loan which is unsecured and repayable on demand.

8.	RELATED PARTY DISCLOSURES

Mr B J Edwards, the father of the director and shareholder of the company, had at 31st March 2025, advanced the company a loan of £33,200 (2024: £33,200), on an interest free basis, the loan is repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr K A Edwards.