REGISTERED NUMBER: 07337792 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BEVERLEY MOTOR WORKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Hayes

REGISTERED OFFICE:

Unit D1

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

REGISTERED NUMBER:

07337792 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

64,849

82,403

CURRENT ASSETS

Stocks

39,149

53,545

Debtors

5

307,369

285,008

Cash at bank and in hand

43,558

7,692

390,076

346,245

CREDITORS

Amounts falling due within one year

6

425,241

355,947

NET CURRENT LIABILITIES

(35,165

)

(9,702

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,684

72,701

CREDITORS

Amounts falling due after more than one year

7

(15,942

)

(53,675

)

PROVISIONS FOR LIABILITIES

(6,454

)

(10,410

)

NET ASSETS

7,288

8,616

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

7,188

8,516

SHAREHOLDERS' FUNDS

7,288

8,616

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

R A Hayes - Director

1.	STATUTORY INFORMATION

Beverley Motor Works 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 derived from repairs and servicing to domestic and commercial vehicles and is recognised as the service is provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value. Work in progress represents costs incurred on incomplete work at the balance sheet date. It is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 the statement of income and retained earnings on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company has implemented an auto enrolment pension. Contributions are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

223,279

Additions

6,399

At 31 December 2025

229,678

DEPRECIATION

At 1 January 2025

140,876

Charge for year

23,953

At 31 December 2025

164,829

NET BOOK VALUE

At 31 December 2025

64,849

At 31 December 2024

82,403

The net book value of tangible fixed assets includes £ 13,581 in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

16,324

22,721

Amounts owed by associates

-

1,300

Other debtors

291,045

260,987

307,369

285,008

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

77,453

93,707

Hire purchase contracts

3,557

11,982

Trade creditors

127,901

109,807

Taxation and social security

126,993

106,533

Other creditors

89,337

33,918

425,241

355,947

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

15,942

50,118

Hire purchase contracts

-

3,557

15,942

53,675

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

3,557

15,539

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

R A Hayes

Balance outstanding at start of year

92,513

86,435

Amounts advanced

9,736

6,078

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

102,249

92,513

A H Lewis

Balance outstanding at start of year

92,511

86,436

Amounts advanced

9,981

6,075

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

102,492

92,511