Registration number: 10688729

Morton Auto Tech Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Morton Auto Tech Ltd

Company Information

Directors

Mr AJ Morton Mr R J Morton

Registered office

1 Lord Street West Bilston West Midlands England WV14 8RR

Accountants

Neil Westwood & Co Chartered Accountants101 Dixons Green Road Dudley West Midlands DY2 7DJ

Morton Auto Tech Ltd

(Registration number: 10688729)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	8,031	12,131
Current assets
Stocks	5	1,746	920
Debtors	6	9,134	13,413
Cash at bank and in hand		39,755	31,286
		50,635	45,619
Creditors: Amounts falling due within one year	7	(58,239)	(53,328)
Net current liabilities		(7,604)	(7,709)
Total assets less current liabilities		427	4,422
Creditors: Amounts falling due after more than one year	7	(425)	(4,418)
Net assets		2	4
Capital and reserves
Called up share capital		2	2
Retained earnings		-	2
Shareholders' funds		2	4

Morton Auto Tech Ltd

(Registration number: 10688729)
Balance Sheet as at 31 March 2025 (continued)

For the financial 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.

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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 December 2025 and signed on its behalf by:
 

Mr AJ Morton Director

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Lord Street West
Bilston
West Midlands
WV14 8RR
England

These financial statements were authorised for issue by the Board on 23 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% on cost
Computer equipment	33.33% on cost
Plant and machinery	25% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	1,100	385	16,400	17,885
At 31 March 2025	1,100	385	16,400	17,885
Depreciation
At 1 April 2024	1,100	385	4,269	5,754
Charge for the year	-	-	4,100	4,100
At 31 March 2025	1,100	385	8,369	9,854
Carrying amount
At 31 March 2025	-	-	8,031	8,031
At 31 March 2024	-	-	12,131	12,131

5

Stocks

	2025 £	2024 £
Raw materials and consumables	1,746	920

6

Debtors

Current	2025 £	2024 £
Trade debtors	378	154
Other debtors	8,756	13,259
	9,134	13,413

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	3,993	3,993
Trade creditors		10,980	16,973
Taxation and social security		38,045	26,158
Accruals and deferred income		1,221	2,204
Other creditors		4,000	4,000
		58,239	53,328

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	425	4,418

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	425	4,418

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	3,993	3,993

Morton Auto Tech Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

9	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Mr AJ Morton
	5,017	(3,098)	1,919
Mr R J Morton
	3,137	(3,098)	39

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr AJ Morton
	-	5,017	-	5,017
Mr R J Morton
	15,424	-	(12,287)	3,137