REGISTERED NUMBER: 07563706 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

M A Motors (St. Neots) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Aprigliano

Mrs E Aprigliano

REGISTERED OFFICE:

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

BUSINESS ADDRESS:

12/13 Howard Road

Howard Road Industrial Estate

Eaton Socon

St Neots

Cambridgeshire

PE19 8ET

REGISTERED NUMBER:

07563706 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

63,829

64,209

CURRENT ASSETS

Stocks

4,619

4,393

Debtors

5

31,564

22,565

Cash at bank

152,985

173,343

189,168

200,301

CREDITORS

Amounts falling due within one year

6

128,569

120,997

NET CURRENT ASSETS

60,599

79,304

TOTAL ASSETS LESS CURRENT LIABILITIES

124,428

143,513

CREDITORS

Amounts falling due after more than one year

7

(5,000

)

(18,630

)

PROVISIONS FOR LIABILITIES

10

(13,368

)

(13,799

)

NET ASSETS

106,060

111,084

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

105,960

110,984

SHAREHOLDERS' FUNDS

106,060

111,084

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 14 November 2025 and were signed on its behalf by:

Mr M Aprigliano - Director

1.	STATUTORY INFORMATION

M A Motors (St. Neots) 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.

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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% 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 has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

32,597

132,201

16,699

34,390

215,887

Additions

4,425

12,955

275

-

17,655

Disposals

(3,350

)

-

-

(500

)

(3,850

)

At 30 April 2025

33,672

145,156

16,974

33,890

229,692

DEPRECIATION

At 1 May 2024

21,865

97,224

10,386

22,203

151,678

Charge for year

2,774

9,806

1,311

3,017

16,908

Eliminated on disposal

(2,612

)

-

-

(111

)

(2,723

)

At 30 April 2025

22,027

107,030

11,697

25,109

165,863

NET BOOK VALUE

At 30 April 2025

11,645

38,126

5,277

8,781

63,829

At 30 April 2024

10,732

34,977

6,313

12,187

64,209

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

10,962

10,645

Other debtors

2,496

2,881

Prepayments and accrued income

18,106

9,039

31,564

22,565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

13,630

14,126

Trade creditors

54,464

46,672

Tax

11,346

18,986

Social security and other taxes

17,217

15,931

Other creditors

1,467

1,507

Directors' loan accounts

19,777

20,282

Accrued expenses

10,668

3,493

128,569

120,997

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 1-5 years

5,000

18,630

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.25

30.4.24

£

£

Within one year

1

1

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Barclays Bank Loan

3,630

7,756

Bounce Back Loan

15,000

25,000

18,630

32,756

The company's bank, Barclays Bank Plc have a fixed and floating charge over the assets of the company. Furthermore, the directors of the company have pledged guarantees to the bank in respect of the outstanding bank loan of £3,630.

In 2021 the company received a government backed loan in light of the Covid 19 pandemic. The loan is secured by the government over a 5 year repayment period. The loan is repayable by instalments which commenced 22 November 2021. Interest is being charged at 2.5% per annum with effect from 22 November 2021.

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

13,368

13,799

Deferred

tax

£

Balance at 1 May 2024

13,799

Accelerated capital allowances

(431

)

Balance at 30 April 2025

13,368

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

12.	PENSION COMMITMENTS

The pension contributions outstanding at the year end amounted to £1,467 (2024: £1,506). Pension costs incurred during the year amounted to £3,680 (2024: £3,335).