Motec Autos (Pembrokeshire) Ltd

Financial Statements for the Year Ended 29 September 2025

DIRECTOR:

T E Howlin

SECRETARY:

T E Howlin

REGISTERED OFFICE:

Kinnesswood

Withy Bush Road

Haverfordwest

Pembrokeshire

SA62 4BN

REGISTERED NUMBER:

03656160 (England and Wales)

ACCOUNTANTS:

BPU Limited

Chartered Accountants

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit & Loss Account and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Motec Autos (Pembrokeshire) Ltd for the year ended 29 September 2025 which comprise the Profit & Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of Motec Autos (Pembrokeshire) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Motec Autos (Pembrokeshire) Ltd and state those matters that we have agreed to state to the director of Motec Autos (Pembrokeshire) Ltd in this report in accordance with icaew/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Motec Autos (Pembrokeshire) Ltd and its director for our work or for this report.

It is your duty to ensure that Motec Autos (Pembrokeshire) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Motec Autos (Pembrokeshire) Ltd. You consider that Motec Autos (Pembrokeshire) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Motec Autos (Pembrokeshire) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BPU Limited

Chartered Accountants

9 September 2026

FIXED ASSETS

Tangible assets

3

650,000

CURRENT ASSETS

Stocks

4,550

-

Debtors

4

5,941

5,433

Cash at bank

5,368

4,422

15,859

9,855

CREDITORS

Amounts falling due within one year

5

195,548

151,054

NET CURRENT LIABILITIES

(179,689

)

(141,199

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

470,311

508,801

CREDITORS

Amounts falling due after more than
one year

6

(55,813

)

(83,000

)

PROVISIONS FOR DEFERRED TAX

(5,700

)

(8,200

)

NET ASSETS

408,798

417,601

CAPITAL AND RESERVES

Called up share capital

2

Revaluation reserve

422,435

Retained earnings

(13,639

)

(4,836

)

408,798

417,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

T E Howlin - Director

1.	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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

15% straight line

Motor vehicles

-

25% straight line

The freehold property is carried at fair value, and as such depreciation is not provided.

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 Profit & Loss Account, 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.

Pension costs

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST OR VALUATION

At 30 September 2024

670,410

139,640

33,160

843,210

Disposals

-

(6,560

)

(6,560

)

At 29 September 2025

670,410

139,640

26,600

836,650

DEPRECIATION

At 30 September 2024

20,410

139,640

33,160

193,210

Eliminated on disposal

-

(6,560

)

(6,560

)

At 29 September 2025

20,410

139,640

26,600

186,650

NET BOOK VALUE

At 29 September 2025

650,000

-

650,000

At 29 September 2024

650,000

-

650,000

Cost or valuation at 29 September 2025 is represented by:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

Valuation in 2019

525,235

-

525,235

Cost

145,175

139,640

26,600

311,415

670,410

139,640

26,600

836,650

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

5,941

5,433

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

27,134

27,080

Trade creditors

22,070

16,890

Taxes & social security costs

6,585

12,861

Other creditors & accruals

139,759

94,223

195,548

151,054

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

2024

£

Bank loans

55,813

83,000

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

73,000

90,080

The secured bank loan is in the form of a mortgage and is secured over the property to which it relates.