Carcraft MOT & Service Centre Limited

Carcraft MOT & Service Centre Limited
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Income statement	3
Statement of financial position	4
Statement of changes in equity	5
Notes to the financial statements	6

Carcraft MOT & Service Centre Limited
Company Information
For the year ended 31 March 2025

Directors	Philip Steven Avery Joel Alexander Chandler
Registered Number	06120151
Registered Office	143 South Undercliffe Rye East Sussex TN31 7LP

1

Carcraft MOT & Service Centre Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company continued to be that of maintenance and repair of motor vehicles.

Directors

The directors who served the company throughout the year were as follows:

	Shares (%)
Philip Steven Avery (from 21/02/2007)	50.00
Joel Alexander Chandler (from 21/02/2007)	50.00

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Philip Steven Avery
Director

Date approved: 20 December 2025

2

Carcraft MOT & Service Centre Limited
Income Statement
For the year ended 31 March 2025

	2025 £	2024 £
Turnover	775,426	773,969
Cost of sales	(424,933)	(438,136)
Gross profit	350,493	335,833
Selling and distribution costs	(1,774)	(934)
Administrative expenses	(186,273)	(184,827)
Operating profit	162,446	150,072
Other interest receivable and similar income	610	582
Profit/(Loss) on ordinary activities before taxation	163,056	150,654
Tax on profit on ordinary activities	(39,558)	(36,289)
Profit/(Loss) for the financial year	123,498	114,365

3

Carcraft MOT & Service Centre Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,093	2,463
		2,093	2,463
Current assets
Stocks	4	3,700	4,000
Debtors	5	24,392	19,982
Cash at bank and in hand		86,188	69,361
		114,280	93,343
Creditors: amount falling due within one year	6	(91,828)	(79,915)
Net current assets		22,452	13,428

Total assets less current liabilities		24,545	15,891
Creditors: amount falling due after more than one year	7	(16)	(16)
Net assets		24,529	15,875

Capital and reserves
Called up share capital	8	100	2
Profit and loss account		24,429	15,873
Shareholders' funds		24,529	15,875

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 20 December 2025 and were signed on its behalf by:

-------------------------------
Philip Steven Avery
Director

4

Carcraft MOT & Service Centre Limited
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2023	2	4,866	4,868
Profit for the year		114,365	114,365
Total comprehensive income for the year	-	114,365	114,365
Dividends		(103,358)	(103,358)
Total investments by and distributions to owners	-	(103,358)	(103,358)
At 31 March 2024	2	15,873	15,875
At 01 April 2024	2	15,874	15,876
Profit for the year		123,498	123,498
Total comprehensive income for the year	-	123,498	123,498
Dividends		(114,943)	(114,943)
Shares issued	98		98
Total investments by and distributions to owners	98	(114,943)	(114,845)
At 31 March 2025	100	24,429	24,529

5

Carcraft MOT & Service Centre Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Carcraft MOT & Service Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 06120151, registration address 143 South Undercliffe , Rye, East Sussex, TN31 7LP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

15% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 April 2024	18,630	18,630
Additions	-	-
Disposals	-	-
At 31 March 2025	18,630	18,630
Depreciation
At 01 April 2024	16,167	16,167
Charge for year	370	370
On disposals	-	-
At 31 March 2025	16,537	16,537
Net book values
Closing balance as at 31 March 2025	2,093	2,093
Opening balance as at 01 April 2024	2,463	2,463

4.

Stocks

	2025 £		2024 £
Stocks	3,700		4,000
	3,700		4,000

5.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	24,392	18,383
PAYE & Social Security	0	1,599
	24,392	19,982

6.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	25,765	23,215
Corporation Tax	39,558	36,289
PAYE & Social Security	129	0
Other Creditors	4,529	3,144
VAT	21,847	17,267
	91,828	79,915

7.

Creditors: amount falling due after more than one year

	2025 £	2024 £
Other Creditors	1	1
Directors' Loan Accounts	15	15
	16	16

8.

Share Capital

Authorised
1,000 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

6

Registered Number: 06120151
England and Wales
CARCRAFT MOT & SERVICE CENTRE LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025