P&P MOT Servicing Limited - Filleted accounts

Registered number

06467088

P&P MOT Servicing Limited

Unaudited Filleted Accounts

31 January 2026

P&P MOT Servicing Limited
Registered number:		06467088
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		61,640			50,920

Current assets
Stocks		7,000			9,000
Debtors	5	23,651			24,053
Cash at bank and in hand		133,976			139,419
		164,627			172,472

Creditors: amounts falling due within one year	6	(23,436)			(55,016)

Net current assets			141,191			117,456

Total assets less current liabilities			202,831			168,376

Creditors: amounts falling due after more than one year	7		(59,403)			(31,310)



Net assets			143,428			137,066

Capital and reserves
Called up share capital			4			4
Profit and loss account			143,424			137,062

Shareholder's funds			143,428			137,066

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Steve Farmelo
Director
Approved by the board on 20 May 2026

P&P MOT Servicing Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Fixtures, fittings, tools and equipment			15% straight line per annum

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		4


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2025							137,500
	At 31 January 2026							137,500

	Amortisation
	At 1 February 2025							137,500
	At 31 January 2026							137,500

	Net book value
	At 31 January 2026							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	14,956		54,174		75,310		144,440
	Additions	-		-		52,294		52,294
	Disposals	-		-		(25,311)		(25,311)
	At 31 January 2026	14,956		54,174		102,293		171,423

	Depreciation
	At 1 February 2025	-		48,427		45,093		93,520
	Charge for the year	-		8,126		16,354		24,480
	On disposals	-		-		(8,217)		(8,217)
	At 31 January 2026	-		56,553		53,230		109,783

	Net book value
	At 31 January 2026	14,956		(2,379)		49,063		61,640
	At 31 January 2025	14,956		5,747		30,217		50,920


5	Debtors					2026		2025
£							£

	Trade debtors					4,215		4,617
	Other debtors					19,436		19,436
						23,651		24,053


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					-		6,720
	Trade creditors					5,918		34,676
	Taxation and social security costs					16,042		5,540
	Other creditors					1,476		8,080
						23,436		55,016


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					59,403		31,310


8	Other information

	P&P MOT Servicing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 57-58 Capital Business Centre
	22 Carlton Road
	South Croydon
	CR2 0BS