REGISTERED NUMBER: 03421882 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

Motoright Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R G Stratford

Mrs E D Stratford

R J Stratford

SECRETARY:

Mrs E D Stratford

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

03421882 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

263,481

269,837

Investments

5

53,500

53,500

316,981

323,337

CURRENT ASSETS

Debtors

6

4,550

4,550

Cash at bank and in hand

128

358

4,678

4,908

CREDITORS

Amounts falling due within one year

7

162,569

164,328

NET CURRENT LIABILITIES

(157,891

)

(159,420

)

TOTAL ASSETS LESS CURRENT LIABILITIES

159,090

163,917

CREDITORS

Amounts falling due after more than one year

8

141,474

160,721

NET ASSETS

17,616

3,196

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

17,614

3,194

SHAREHOLDERS' FUNDS

17,616

3,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

R G Stratford - Director

1.	STATUTORY INFORMATION

Motoright 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period comprises current tax, 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 not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date since the amount is not considered material

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Office

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

312,674

12,499

1,300

5,209

331,682

DEPRECIATION

At 1 April 2024

43,355

12,189

1,288

5,013

61,845

Charge for year

6,253

62

2

39

6,356

At 31 March 2025

49,608

12,251

1,290

5,052

68,201

NET BOOK VALUE

At 31 March 2025

263,066

248

10

157

263,481

At 31 March 2024

269,319

310

12

196

269,837

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

53,500

NET BOOK VALUE

At 31 March 2025

53,500

At 31 March 2024

53,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,550

4,550

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

19,671

23,200

Trade creditors

1

1

Amounts owed to group undertakings

60,632

56,297

Taxation and social security

24,928

16,793

Other creditors

57,337

68,037

162,569

164,328

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

141,474

160,721

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

87,474

100,550