Company Registration No. 07701222 (England and Wales)
Biggleswade MOT Centre Ltd
Unaudited accounts
for the year ended 31 March 2025
Biggleswade MOT Centre Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
49,793
66,386
Cash at bank and in hand
822,679
585,873
Creditors: amounts falling due within one year
(228,352)
(215,274)
Net current assets
815,711
603,690
Total assets less current liabilities
865,504
670,076
Provisions for liabilities
Deferred tax
(5,075)
(7,397)
Net assets
860,429
662,679
Called up share capital
100
100
Profit and loss account
860,329
662,579
Shareholders' funds
860,429
662,679
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by
Mr C Waldock
Director
Company Registration No. 07701222
Biggleswade MOT Centre Ltd
Notes to the Accounts
for the year ended 31 March 2025
Biggleswade MOT Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 07701222. The registered office is 119 Shortmead Street, Biggleswade, SG18 0BB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance / 33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Biggleswade MOT Centre Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
137,849
59,445
197,294
At 31 March 2025
137,849
59,445
197,294
At 1 April 2024
104,288
26,620
130,908
Charge for the year
8,388
8,205
16,593
At 31 March 2025
112,676
34,825
147,501
At 31 March 2025
25,173
24,620
49,793
At 31 March 2024
33,561
32,825
66,386
Amounts falling due within one year
Trade debtors
74,393
50,282
Other debtors
95,837
127,101
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
71,411
65,041
Taxes and social security
153,741
142,893
Other creditors
3,200
7,340
Biggleswade MOT Centre Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advanced in the year, interest charged at the prevailing rate.
84,721
53,600
84,721
53,600
84,721
53,600
84,721
53,600
9
Average number of employees
During the year the average number of employees was 12 (2024: 11).