REGISTERED NUMBER: 07158596 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

MORLEY MOT & SERVICE CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Audsley

J J Audsley

REGISTERED OFFICE:

Unit 8 Highcliffe Industrial Estate

Brintcliffe Lane

Morley

Leeds

LS27 9LR

REGISTERED NUMBER:

07158596 (England and Wales)

ACCOUNTANTS:

Fortus Limited

3 Park Square East

Leeds

LS1 2NE

FIXED ASSETS

Tangible assets

4

729,995

469,414

CURRENT ASSETS

Stocks

5

30,000

25,000

Debtors

6

3,582

67,828

Cash at bank

183,531

99,348

217,113

192,176

CREDITORS

Amounts falling due within one year

7

230,960

187,085

NET CURRENT (LIABILITIES)/ASSETS

(13,847

)

5,091

TOTAL ASSETS LESS CURRENT LIABILITIES

716,148

474,505

CREDITORS

Amounts falling due after more than one year

8

397,498

174,358

NET ASSETS

318,650

300,147

CAPITAL AND RESERVES

Called up share capital

202

202

Retained earnings

318,448

299,945

SHAREHOLDERS' FUNDS

318,650

300,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

S Audsley - Director

1.	STATUTORY INFORMATION

Morley MOT & Service Centre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Significant judgements and estimates

In applying the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities. Estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The main judgement concerns the likely future demand for the company's products and how that impacts on the carrying value of stock. The director has based his judgement on his considerable experience and understanding of the product and its marketplace.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

15% straight line

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on 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.

Financial instruments

The company enters into basic financial instrument transactions resulting in the recognition of financial assets and liabilities such as trade debtors and trade creditors, loans from banks and loans to and from related parties. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured at the undiscounted constitutes a financing transaction, such as the payment of a trade debt beyond normal business terms or financed at a non-market rate of interest, the financial asset or liability is measured at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 May 2024

372,751

200,032

39,471

612,254

Additions

293,308

-

-

293,308

At 30 April 2025

666,059

200,032

39,471

905,562

DEPRECIATION

At 1 May 2024

22,365

103,221

17,254

142,840

Charge for year

8,922

19,362

4,443

32,727

At 30 April 2025

31,287

122,583

21,697

175,567

NET BOOK VALUE

At 30 April 2025

634,772

77,449

17,774

729,995

At 30 April 2024

350,386

96,811

22,217

469,414

5.

STOCKS

2025

2024

£

£

Stocks

30,000

25,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,582

67,828

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Loan creditor

70,027

36,121

Hire purchase contracts

13,876

13,876

Trade creditors

-

64,846

Corporation tax

69,510

48,847

Social security and other taxes

3,724

2,403

Wages payable

8,873

-

Pension Payable

1,823

632

VAT

21,996

17,361

Other creditors

778

-

Directors' current accounts

61

-

Accrued expenses

40,292

2,999

230,960

187,085

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

42,847

54,972

Loan creditor

354,651

119,386

397,498

174,358

The loan creditor is secured by way of a charge over the freehold property.

The hire purchase creditor is secured over the asset to which it relates to.