REGISTERED NUMBER: 02918162 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Motiv Trailer Manufacturing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T J O Hughes

REGISTERED OFFICE:

Stoneacre

Shrewsbury Road

Craven Arms

Shropshire

SY7 8BX

REGISTERED NUMBER:

02918162 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Tangible assets

4

32,435

33,710

CURRENT ASSETS

Stocks

247,569

229,898

Debtors

5

58,175

55,153

Cash at bank and in hand

1,628

11,699

307,372

296,750

CREDITORS

Amounts falling due within one year

6

263,347

273,712

NET CURRENT ASSETS

44,025

23,038

TOTAL ASSETS LESS CURRENT LIABILITIES

76,460

56,748

CREDITORS

Amounts falling due after more than one year

7

(176,442

)

(50,224

)

PROVISIONS FOR LIABILITIES

(542

)

(542

)

NET (LIABILITIES)/ASSETS

(100,524

)

5,982

CAPITAL AND RESERVES

Called up share capital

1,333

1,333

Retained earnings

(101,857

)

4,649

SHAREHOLDERS' FUNDS

(100,524

)

5,982

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2026 and were signed by:

T J O Hughes - Director

1.	STATUTORY INFORMATION

Motiv Trailer Manufacturing 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.

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.

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.

Land and buildings

-

5% on reducing balance

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on reducing balance

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Going concern

The director acknowledges the net liabilities position at the balance sheet date but is confident the business will trade out of this position and hence the accounts have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

112,579

142,945

255,524

Additions

-

3,625

3,625

At 31 August 2025

112,579

146,570

259,149

DEPRECIATION

At 1 September 2024

78,869

142,945

221,814

Charge for year

3,640

1,260

4,900

At 31 August 2025

82,509

144,205

226,714

NET BOOK VALUE

At 31 August 2025

30,070

2,365

32,435

At 31 August 2024

33,710

-

33,710

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

23,643

DEPRECIATION

At 1 September 2024

and 31 August 2025

27,101

NET BOOK VALUE

At 31 August 2025

(3,458

)

At 31 August 2024

(3,458

)

5.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

10,373

24,050

Other debtors

47,802

18,750

58,175

42,800

Amounts falling due after more than one year:

Other debtors

-

12,353

Aggregate amounts

58,175

55,153

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

10,704

10,704

Trade creditors

39,463

71,273

Taxation and social security

124,738

108,328

Other creditors

88,442

83,407

263,347

273,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

30,316

50,224

Other creditors

146,126

-

176,442

50,224

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

7,408

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank overdraft

-

10,704

Lloyds Tsb Bank PLC have fixed and floating charges against the assets of the company in relation to the overdraft facility provided.

9.	RELATED PARTY DISCLOSURES

The director has continued to introduce funds to support the business with his loan account in credit to the value of £146,126 at the year end (2024 £63,100).