MOTO CENTRAL LIMITED - Filleted accounts

Registered number

07820060

MOTO CENTRAL LIMITED

Unaudited Filleted Accounts

30 July 2025

MOTO CENTRAL LIMITED
Registered number:		07820060
Balance Sheet
as at 30 July 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		240,000			300,000
Tangible assets	4		53,072			54,510
			293,072			354,510

Current assets
Stocks		571,307			325,934
Debtors	5	91,334			278,702
Cash at bank and in hand		309,390			182,364
		972,031			787,000

Creditors: amounts falling due within one year	6	(829,985)			(700,550)

Net current assets			142,046			86,450

Total assets less current liabilities			435,118			440,960

Creditors: amounts falling due after more than one year	7		(20,881)			(26,002)

Provisions for liabilities			(2,164)			(1,290)


Net assets			412,073			413,668

Capital and reserves
Called up share capital			613,287			613,287
Profit and loss account			(201,214)			(199,619)

Shareholder's funds			412,073			413,668

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr N Bell
Director
Approved by the board on 28 July 2026

MOTO CENTRAL LIMITED
Notes to the Accounts
for the year ended 30 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The director has a reasonable expectation that the company has adequate resources to continue in operational existence in the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Revenue from the sale of goods is recognised when all the following conditions have been satisfied: - the significant risks and rewards of ownership of the goods have transferred to the buyer - the company retains neither continuing managerial involvement to the degree usually associated with ownership, nor effective control over the goods sold - the amount of revenue can be measured reliably - it is probable that the economic benefits associated with the transaction will flow to the company, and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from sale of goods is recognised when the goods have been shipped and legal title has passed.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 3-15 years straight line
	Fixtures, fittings, tools and equipment			over 3-15 years straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs are based on the method most appropriate to the type of inventory class, but usually on a first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

	Cash and cash equivalents
	Cash is represented by cash in hand and deposits held with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					20		18


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 31 July 2024							600,000
	At 30 July 2025							600,000

	Amortisation
	At 31 July 2024							300,000
	Provided during the year							60,000
	At 30 July 2025							360,000

	Net book value
	At 30 July 2025							240,000
	At 30 July 2024							300,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 31 July 2024			109,580		11,995		121,575
	Additions			7,322		-		7,322
	At 30 July 2025			116,902		11,995		128,897

	Depreciation
	At 31 July 2024			55,070		11,995		67,065
	Charge for the year			8,760		-		8,760
	At 30 July 2025			63,830		11,995		75,825

	Net book value
	At 30 July 2025			53,072		-		53,072
	At 30 July 2024			54,510		-		54,510


5	Debtors					2025		2024
£							£

	Other debtors					91,334		278,702


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					58,517		72,629
	Trade creditors					483,976		411,939
	Taxation and social security costs					98,568		22,588
	Other creditors					188,924		193,394
						829,985		700,550


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					20,881		26,002


8	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					-		5,131


	Secured bank loans					53,453		63,908

	Security is given by way of a personal guarantee provided by the director.


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr N Bell
	The loan is provided unsecured, interest free and is repayable on demand	5,041		24,444		(10,831)		18,654

		5,041		24,444		(10,831)		18,654


10	Controlling party

	The ultimate controlling party is Mr N Bell by virtue of his directorship and shareholding.


11	Other information

	MOTO CENTRAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Moto Central Building, Asfare Business Park
	Hinckley Road
	Wolvey
	Leicestershire
	LE10 3JG