REGISTERED NUMBER: OC386252 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 June 2025

for

Moto-Classic LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

D J Wise

H J A Wise

REGISTERED OFFICE:

Oak Farm Nursery

Station Hill

Winchfield

Hampshire

RG27 8BX

REGISTERED NUMBER:

OC386252 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

8,312

1,872

CURRENT ASSETS

Stocks

330,961

253,904

Debtors

5

69,332

60,869

Cash at bank

1,209

29,010

401,502

343,783

CREDITORS

Amounts falling due within one year

6

45,056

26,876

NET CURRENT ASSETS

356,446

316,907

TOTAL ASSETS LESS CURRENT LIABILITIES

364,758

318,779

CREDITORS

Amounts falling due after more than one year

7

62,583

36,040

NET ASSETS ATTRIBUTABLE TO MEMBERS

302,175

282,739

LOANS AND OTHER DEBTS DUE TO MEMBERS

302,175

282,739

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

302,175

282,739

Amounts due from members

5

(6,128

)

(1,549

)

296,047

281,190

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 June 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 1 June 2026 and were signed by:

D J Wise - Designated member

1.	STATUTORY INFORMATION

Moto-Classic LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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 and is recognised as services are provided.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2024

11,838

8,705

1,880

22,423

Additions

6,695

2,546

-

9,241

At 30 June 2025

18,533

11,251

1,880

31,664

DEPRECIATION

At 1 July 2024

11,475

8,150

926

20,551

Charge for year

1,757

775

269

2,801

At 30 June 2025

13,232

8,925

1,195

23,352

NET BOOK VALUE

At 30 June 2025

5,301

2,326

685

8,312

At 30 June 2024

363

555

954

1,872

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

6,875

3,070

Amounts due from members

6,128

1,549

Other debtors

25,961

808

VAT

-

603

Prepayments

30,368

54,839

69,332

60,869

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

8,215

9,325

Trade creditors

9,952

7,037

Social security and other taxes

638

60

VAT

7,385

-

Other creditors

1,558

458

Accruals and deferred income

17,308

9,996

45,056

26,876

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Other creditors

62,583

36,040