REGISTERED NUMBER: 07173238 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Motorwise (MOTS) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Smith

REGISTERED OFFICE:

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

REGISTERED NUMBER:

07173238 (England and Wales)

ACCOUNTANTS:

PB Associates

Chartered Accountants and Chartered Tax Advisers

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

FIXED ASSETS

Tangible assets

4

16,634

18,288

CURRENT ASSETS

Stocks

11,900

11,053

Debtors

5

33,760

23,993

45,660

35,046

CREDITORS

Amounts falling due within one year

6

72,753

79,308

NET CURRENT LIABILITIES

(27,093

)

(44,262

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,459

)

(25,974

)

CREDITORS

Amounts falling due after more than one year

7

12,939

16,258

NET LIABILITIES

(23,398

)

(42,232

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

(23,399

)

(42,233

)

SHAREHOLDERS' FUNDS

(23,398

)

(42,232

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 June 2026 and were signed by:

M S Smith - Director

1.	STATUTORY INFORMATION

Motorwise (MOTS) Ltd 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 each asset over its estimated useful life.

Stocks

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

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.

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 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 NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

5,821

24,970

527

13,050

44,368

DEPRECIATION

At 1 September 2024

-

15,148

522

10,410

26,080

Charge for year

-

992

2

660

1,654

At 31 August 2025

-

16,140

524

11,070

27,734

NET BOOK VALUE

At 31 August 2025

5,821

8,830

3

1,980

16,634

At 31 August 2024

5,821

9,822

5

2,640

18,288

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

19,108

13,683

Prepayments

3,652

1,310

Rent deposit

11,000

9,000

33,760

23,993

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

13,760

7,629

Trade creditors

18,379

33,876

Directors loan account

24,734

23,886

Corporation tax

8,717

8,717

Social security and other taxes

2,884

2,490

VAT

4,279

2,710

72,753

79,308

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 2-5 years

12,939

16,258

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1

Ordinary One pound shares

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 September 2024

(42,233

)

Profit for the year

18,834

At 31 August 2025

(23,399

)