Company No: 02195851 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Joseph Edward Chatting (Resigned 30 October 2025)
	Hayden Stewart Williams
	Helen Amy Williams (Appointed 19 November 2025)

SECRETARY

Helen Amy Williams

REGISTERED OFFICE	18 Trusham Road
	Marsh Barton
	Exeter
	EX2 8QG
	United Kingdom

COMPANY NUMBER

02195851 (England and Wales)

AUDITOR	Gravita Audit Western Limited
	Statutory Auditor
	Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	98,861		112,502
		98,861		112,502
Current assets
Stocks		1,518,335		1,430,412
Debtors	4	270,916		177,210
Cash at bank and in hand		411,509		653,564
		2,200,760		2,261,186
Creditors: amounts falling due within one year	5	( 1,612,686)		( 1,609,846)
Net current assets		588,074		651,340
Total assets less current liabilities		686,935		763,842
Provision for liabilities		4,983		( 20,483)
Net assets		691,918		743,359
Capital and reserves
Called-up share capital		132,345		132,345
Capital redemption reserve		134,321		134,321
Profit and loss account		425,252		476,693
Total shareholder's funds		691,918		743,359

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Motachase Limited (registered number: 02195851) were approved and authorised for issue by the Board of Directors on 25 September 2026. They were signed on its behalf by:

Hayden Stewart Williams Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Motachase Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Trusham Road, Marsh Barton, Exeter, EX2 8QG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover

Turnover from the sale of goods and services is recognised in the Income Statement, net of discounts and value added tax, when the significant risks and rewards of ownership have been transferred to the buyer. In general this occurs when vehicles or parts have been supplied or when a service has been completed.

Commission income is accounted for on a receivable basis.

Incentives, bonuses and rebates are accounted for on a receivable basis when the terms and conditions of the contract have been met.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	3 - 25 years straight line
Plant and machinery etc.	1 - 25 years straight line

Stocks

New and used vehicles are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items.

Stock of parts is held at purchase cost.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for staff and the directors. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Judgements and estimates

The financial statements include significant accounting estimates as follows:
Accruals and prepayments which are based on information available at the time the financial statements are approved.
Depreciation which is based on the estimate described in note 1 to the financial statements

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	22		23

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 January 2025	354,621		289,328		643,949
Additions	0		8,248		8,248
Disposals	0		( 5,357)		( 5,357)
At 31 December 2025	354,621		292,219		646,840
Accumulated depreciation
At 01 January 2025	308,959		222,488		531,447
Charge for the financial year	12,446		9,443		21,889
Disposals	0		( 5,357)		( 5,357)
At 31 December 2025	321,405		226,574		547,979
Net book value
At 31 December 2025	33,216		65,645		98,861
At 31 December 2024	45,662		66,840		112,502

4. Debtors

	2025		2024
	£		£
Trade debtors	68,161		41,542
Amounts owed by Group undertakings	50		85,050
Other debtors	202,705		50,618
	270,916		177,210

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		29,167
Trade creditors	1,153,287		1,122,175
Taxation and social security	95,242		61,872
Other creditors	364,157		396,632
	1,612,686		1,609,846

There is a fixed and floating charge dated 24 August 2005 over all the property and assets of the company in favour of Barclays Bank Plc.

There is a fixed and floating charge dated 16 February 2024 over all the property or undertaking of the company in favour of Barclays Bank Plc.

6. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
Within one year	111,351		111,042
Between one and five years	111,013		221,053
	222,364		332,095

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2025		2024
	£		£
Pension charge for the year	34,896		31,730
Unpaid pension contributions	7,184		5,528
	42,080		37,258

7. Related party transactions

Other related party transactions

	2025		2024
	£		£
H S Williams	100,000		100,000
J E Chatting	70,000		70,000

The above persons have each given a limited guarantee for the listed amount as security on any bank overdraft.

8. Audit Opinion

Under section 444(5B) of the Companies Act 2006, the auditor's report on the accounts for the financial year ended 31 December 2025 was unqualified.

The audit report was signed by Jade Quaintance FCA BA on behalf of Gravita Audit Western Limited, Chartered Accountants.

9. Ultimate controlling party

Parent Company:

Livery Dole Limited

18 Trusham Road, Marsh Barton, Exeter, Devon, EX2 8QC

The ultimate controlling party is H S Williams.