Company Registration No. 14667139 (England and Wales)
Motor Vehicle Lab Ltd
Unaudited accounts
for the year ended 28 February 2025
Motor Vehicle Lab Ltd
Unaudited accounts
Contents
Motor Vehicle Lab Ltd
Company Information
for the year ended 28 February 2025
Company Number
14667139 (England and Wales)
Registered Office
Unit 82a
James Carter Road, Mildenhall
Bury St. Edmunds
Suffolk
IP28 7DE
England
Motor Vehicle Lab Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
9,600
12,000
Cash at bank and in hand
551
500
Creditors: amounts falling due within one year
(13,078)
(12,000)
Net current liabilities
(12,527)
(11,500)
Net (liabilities)/assets
(2,927)
500
Called up share capital
1
1
Profit and loss account
(2,928)
499
Shareholders' funds
(2,927)
500
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 May 2026 and were signed on its behalf by
Abul Hasan
Director
Company Registration No. 14667139
Motor Vehicle Lab Ltd
Notes to the Accounts
for the year ended 28 February 2025
Motor Vehicle Lab Ltd is a private company, limited by shares, registered in England and Wales, registration number 14667139. The registered office is Unit 82a, James Carter Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 7DE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% RBM
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
14,000
1,000
15,000
At 28 February 2025
14,000
1,000
15,000
At 1 March 2024
2,800
200
3,000
Charge for the year
2,240
160
2,400
At 28 February 2025
5,040
360
5,400
At 28 February 2025
8,960
640
9,600
At 29 February 2024
11,200
800
12,000
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
23
-
Loans from directors
12,215
12,000
Motor Vehicle Lab Ltd
Notes to the Accounts
for the year ended 28 February 2025
6
Average number of employees
During the year the average number of employees was 4 (2024: 0).