REGISTERED NUMBER: 04404732 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

MOTORING RESEARCH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Aucock

REGISTERED OFFICE:

2 Manor Farm Court

Old Wolverton Road

Old Woverton

Milton Keynes

Buckinghamshire

MK12 5NN

REGISTERED NUMBER:

04404732 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Intangible assets

4

8,241

8,535

Tangible assets

5

-

40

8,241

8,575

CURRENT ASSETS

Debtors

6

21,606

19,216

Cash at bank

131,894

153,276

153,500

172,492

CREDITORS

Amounts falling due within one year

7

35,517

32,187

NET CURRENT ASSETS

117,983

140,305

TOTAL ASSETS LESS CURRENT LIABILITIES

126,224

148,880

CREDITORS

Amounts falling due after more than one year

8

-

1,769

NET ASSETS

126,224

147,111

CAPITAL AND RESERVES

Called up share capital

9

502

502

Retained earnings

125,722

146,609

SHAREHOLDERS' FUNDS

126,224

147,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 July 2026 and were signed by:

R Aucock - Director

1.	STATUTORY INFORMATION

Motoring Research 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

50% on cost

Computer equipment

-

50% on cost

TAXATION

Taxation for the year comprises current 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 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.

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 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2025

13,989

Additions

2,300

At 31 March 2026

16,289

AMORTISATION

At 1 April 2025

5,454

Amortisation for year

2,594

At 31 March 2026

8,048

NET BOOK VALUE

At 31 March 2026

8,241

At 31 March 2025

8,535

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

4,131

2,924

7,055

DEPRECIATION

At 1 April 2025

4,092

2,923

7,015

Charge for year

39

1

40

At 31 March 2026

4,131

2,924

7,055

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

39

1

40

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,918

5,621

Other debtors

6,688

13,595

21,606

19,216

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,769

10,462

Trade creditors

-

144

Taxation and social security

9,312

4,999

Other creditors

24,436

16,582

35,517

32,187

Peter Burgess and Lynne Burgess hold a fixed and floating charge over the undertaking and all property and assets present and future of the company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,769

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

500

Ordinary

1

500

500

2

Redeemable preference shares

1

2

2

502

502