REGISTERED NUMBER: 06266502 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2026

for

M S MOTOR SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mohinder Singh Bansal

Satpal Kaur Bansal

SECRETARY:

Satpal Kaur Bansal

REGISTERED OFFICE:

402 Park Road

Hockley

Birmingham

West Midlands

B18 5ST

REGISTERED NUMBER:

06266502 (England and Wales)

ACCOUNTANTS:

Brindleys Limited

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

FIXED ASSETS

Intangible assets

4

5,000

10,000

Tangible assets

5

6,289

7,509

11,289

17,509

CURRENT ASSETS

Stocks

6

5,300

4,700

Debtors

7

32,406

43,175

Cash at bank and in hand

160,433

134,155

198,139

182,030

CREDITORS

Amounts falling due within one year

8

32,443

29,089

NET CURRENT ASSETS

165,696

152,941

TOTAL ASSETS LESS CURRENT LIABILITIES

176,985

170,450

CREDITORS

Amounts falling due after more than one year

9

(18,148

)

(24,210

)

PROVISIONS FOR LIABILITIES

11

(1,237

)

(1,473

)

NET ASSETS

157,600

144,767

CAPITAL AND RESERVES

Called up share capital

12

2

2

Retained earnings

13

157,598

144,765

SHAREHOLDERS' FUNDS

157,600

144,767

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

Satpal Kaur Bansal - Director

1.	STATUTORY INFORMATION

M S Motor Services 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

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.

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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% 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 Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Holiday pay

Holiday pay is recognised as an expense in the period in which the service is received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2025

and 31 July 2026

100,000

AMORTISATION

At 1 August 2025

90,000

Amortisation for year

5,000

At 31 July 2026

95,000

NET BOOK VALUE

At 31 July 2026

5,000

At 31 July 2025

10,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 August 2025

and 31 July 2026

28,253

2,948

31,201

DEPRECIATION

At 1 August 2025

21,677

2,015

23,692

Charge for year

987

233

1,220

At 31 July 2026

22,664

2,248

24,912

NET BOOK VALUE

At 31 July 2026

5,589

700

6,289

At 31 July 2025

6,576

933

7,509

6.

STOCKS

2026

2025

£

£

Stocks

5,300

4,700

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

30,221

40,573

Other debtors

-

258

Prepayments

2,185

2,344

32,406

43,175

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 10)

5,918

5,773

Trade creditors

10,644

5,219

Corporation tax

4,583

2,614

VAT

4,243

4,780

Other creditors

813

2,347

Directors' current accounts

2,743

5,106

Accrued expenses

3,499

3,250

32,443

29,089

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 10)

18,148

24,210

10.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

5,918

5,773

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,918

5,773

Amounts falling due between two and five years:

Bank loans - 2-5 years

12,230

18,437

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,237

1,473

Deferred

tax

£

Balance at 1 August 2025

1,473

Provided during year

(236

)

Balance at 31 July 2026

1,237

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary A

£1

2

2

13.

RESERVES

Retained

earnings

£

At 1 August 2025

144,765

Profit for the year

13,833

Dividends

(1,000

)

At 31 July 2026

157,598

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr and Mrs Bansal.