Mulbarton M.O.t & Repair Centre Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 14534740

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		54,000		60,000
Tangible Assets	5		24,614		28,013

			78,614		88,013
CURRENT ASSETS
Stocks	6	8,198		3,557
Debtors	7	4,427		4,581
Cash at bank and in hand		113,350		61,717

		125,975		69,855
Creditors: Amounts Falling Due Within One Year	8	(102,984 )		(64,965 )

NET CURRENT ASSETS (LIABILITIES)			22,991		4,890

TOTAL ASSETS LESS CURRENT LIABILITIES			101,605		92,903

Creditors: Amounts Falling Due After More Than One Year	9		(99,796 )		(91,213 )

NET ASSETS			1,809		1,690

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			1,709		1,590

SHAREHOLDERS' FUNDS			1,809		1,690

Page 1

Page 2

Mulbarton M.O.t & Repair Centre Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ben Wilcock Director	Mr David Wilcock Director
10th December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Mulbarton M.O.t & Repair Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14534740 . The registered office is 2 Station Road, Brundall, NR13 5LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. All income is derived from activities within the UK.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill was puchased in the year. Goodwill is amortised on a straight line basis over a period of 10 years, commencing the year following acquisition.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Computer Equipment	20% Reducing Balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	60,000

As at 31 March 2025	60,000

...CONTINUED

Page 3

Page 4

Mulbarton M.O.t & Repair Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Amortisation
As at 1 April 2024	-
Provided during the period	6,000

As at 31 March 2025	6,000

Net Book Value
As at 31 March 2025	54,000

As at 1 April 2024	60,000

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	32,856	2,160	-	35,016
Additions	2,069	1,500	345	3,914
Disposals	-	(1,160 )	-	(1,160 )

As at 31 March 2025	34,925	2,500	345	37,770

Depreciation
As at 1 April 2024	6,571	432	-	7,003
Provided during the period	5,671	413	69	6,153

As at 31 March 2025	12,242	845	69	13,156

Net Book Value
As at 31 March 2025	22,683	1,655	276	24,614

As at 1 April 2024	26,285	1,728	-	28,013

6. Stocks

	31 March 2025	31 March 2024
	£	£
Stock	7,328	3,037
Work in progress	870	520

	8,198	3,557

Page 4

Page 5

Mulbarton M.O.t & Repair Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	1,702	1,991
Other debtors	2,725	2,590

	4,427	4,581

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	31,127	28,214
Bank loans and overdrafts	-	1,111
Taxation and social security	71,857	35,640

	102,984	64,965

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	99,796	91,213

10. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

	31 March 2025	31 March 2024
	£	£
Mr Ben Wilcock	24,000	18,000
Mr David Wilcock	24,000	18,000

Page 5

Page 6

Mulbarton M.O.t & Repair Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Related Party Transactions

The directors have loan accounts with the company. The amounts outstanding are included within Creditors due after more than one year.

Ben Wilcock

Directors Loan

The loan amount outstanding at the year end, included within Creditors due after more than one year was £51922.

David Wilcock

Directors Loan and rent

The loan amount outstanding a the year end, included within Creditors due after more than one year was £47872. The company occupies premises owned by the director. Rent of £10800 was paid during the year under review and included within expenses on the Profit & Loss Account.

13. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.