Cerney Motor Services Limited - Filleted accounts

Registered number

07535619

Cerney Motor Services Limited

Filleted Accounts

31 March 2026

Cerney Motor Services Limited
Registered number:		07535619
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		6,988			3,259

Current assets
Stocks		13,906			11,654
Debtors	5	12,731			13,481
Cash at bank and in hand		4,013			19,393
		30,650			44,528

Creditors: amounts falling due within one year	6	(49,396)			(52,442)

Net current liabilities			(18,746)			(7,914)

Total assets less current liabilities			(11,758)			(4,655)

Creditors: amounts falling due after more than one year	7		-			(841)



Net liabilities			(11,758)			(5,496)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(12,758)			(6,496)

Shareholders' funds			(11,758)			(5,496)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




N Reason
Director
Approved by the board on 14 October 2026

Cerney Motor Services Limited
Notes to the Accounts
for the year ended 31 March 2026


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the 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.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			7		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					40,000
	At 31 March 2026					40,000

	Amortisation
	At 1 April 2025					40,000
	At 31 March 2026					40,000

	Net book value
	At 31 March 2026					-

	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 1 April 2025	70,035		17,850		87,885
	Additions	3,435		5,186		8,621
	Disposals	(3,209)		(2,500)		(5,709)
	At 31 March 2026	70,261		20,536		90,797

	Depreciation
	At 1 April 2025	68,838		15,788		84,626
	Charge for the year	1,258		2,384		3,642
	On disposals	(3,209)		(1,250)		(4,459)
	At 31 March 2026	66,887		16,922		83,809

	Net book value
	At 31 March 2026	3,374		3,614		6,988
	At 31 March 2025	1,197		2,062		3,259




5	Debtors			2026		2025
£					£

	Trade debtors			6,536		7,447
	Other debtors			6,195		6,034
				12,731		13,481


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			1,667		10,826
	Trade creditors			31,661		29,352
	Other taxes and social security costs			9,797		9,621
	Other creditors			6,271		2,643
				49,396		52,442


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		841



8	Other information

	Cerney Motor Services Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Lark Meadow
	Ampney St. Peter
	Cirencester
	Gloucestershire
	GL7 5SH