MOORE'S MOTOR REPAIRS LTD - Filleted accounts

Registered number

04156772

MOORE'S MOTOR REPAIRS LTD

Filleted Accounts

28 February 2025

MOORE'S MOTOR REPAIRS LTD
Registered number:		04156772
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		81,886			48,494

Current assets
Stocks		5,500			5,500
Debtors	4	23,093			28,410
Cash at bank and in hand		59,536			56,749
		88,129			90,659

Creditors: amounts falling due within one year	5	(58,168)			(69,095)

Net current assets			29,961			21,564

Total assets less current liabilities			111,847			70,058

Creditors: amounts falling due after more than one year	6		(19,152)			-

Provisions for liabilities			(11,133)			(11,133)


Net assets			81,562			58,925

Capital and reserves
Called up share capital			10			10
Profit and loss account			81,552			58,915

Shareholders' funds			81,562			58,925

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.




Mr A V Witts
Director
Approved by the board on 26 November 2025

MOORE'S MOTOR REPAIRS LTD
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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			25% reducing balance
	Motor vehicles			25% reducing balance

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 March 2024			132,581		128,717		261,298
	Additions			-		57,428		57,428
	At 28 February 2025			132,581		186,145		318,726

	Depreciation
	At 1 March 2024			106,554		106,250		212,804
	Charge for the year			5,744		18,292		24,036
	At 28 February 2025			112,298		124,542		236,840

	Net book value
	At 28 February 2025			20,283		61,603		81,886
	At 29 February 2024			26,027		22,467		48,494


4	Debtors					2025		2024
£							£

	Trade debtors					18,319		25,569
	Other debtors					4,774		2,841
						23,093		28,410


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					8,480		6,783
	Trade creditors					22,131		22,162
	Taxation and social security costs					17,196		24,961
	Other creditors					10,361		15,189
						58,168		69,095


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					19,152		-


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr L E Moore
	Directors loan account	(8,011)		10,000		(8,712)		(6,723)

	Mr A V Witts
	Directors loan account	(1,181)		5,000		(3,912)		(93)

		(9,192)		15,000		(12,624)		(6,816)


8	Controlling party

	The company is ultimtely controlled by the directors by virtue of their shareholding.


9	Other information

	MOORE'S MOTOR REPAIRS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Wattsville Service Station
	Islwyn Road
	Wattsville
	Crosskeys
	NP11 7QD