Motor Ninjas Limited - Filleted accounts

Registered number

12250616

Motor Ninjas Limited

Filleted Accounts

31 March 2025

Motor Ninjas Limited
Registered number:		12250616
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		40,715			39,590

Current assets
Stocks		22,689			20,000
Debtors	4	7,563			16,455
Cash at bank and in hand		23,538			101,178
		53,790			137,633

Creditors: amounts falling due within one year	5	(61,817)			(62,107)

Net current (liabilities)/assets			(8,027)			75,526

Total assets less current liabilities			32,688			115,116

Creditors: amounts falling due after more than one year	6		(12,803)			(66,390)



Net assets			19,885			48,726

Capital and reserves
Called up share capital			4			4
Profit and loss account			19,881			48,722

Shareholders' funds			19,885			48,726

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P N Howls
Director
Approved by the board on 30 November 2025

Motor Ninjas Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 10 years
	Office equipment			over 4 years
	Motor vehicles			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Plant and machinery		Office equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	69,758		566		3,100		73,424
	Additions	8,998		-		-		8,998
	At 31 March 2025	78,756		566		3,100		82,422

	Depreciation
	At 1 April 2024	30,168		566		3,100		33,834
	Charge for the year	7,873		-		-		7,873
	At 31 March 2025	38,041		566		3,100		41,707

	Net book value
	At 31 March 2025	40,715		-		-		40,715
	At 31 March 2024	39,590		-		-		39,590


4	Debtors					2025		2024
£							£

	Trade debtors					5,916		16,455
	Other debtors					1,647		-
						7,563		16,455


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					60,317		48,659
	Taxation and social security costs					-		11,948
	Other creditors					1,500		1,500
						61,817		62,107


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					11,667		21,667
	Directors loan account					1,136		44,723
						12,803		66,390


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					35,750		22,750


8	Controlling party

	The company is controlled by the director.


9	Other information

	Motor Ninjas Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Brackens
	Gloucester Road
	Staverton
	Cheltenham
	Glos