Ackworth Road MOT Centre Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04569940 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

ACKWORTH ROAD MOT CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mr T J Earley

Mrs R Fletcher

REGISTERED OFFICE:

4 Spur Road

Cosham

PORTSMOUTH

Hampshire

PO6 3EB

REGISTERED NUMBER:

04569940 (England and Wales)

ACCOUNTANTS:

AMR Bookkeeping & Accounts Limited

4 Spur Road

Cosham

PORTSMOUTH

Hampshire

PO6 3EB

FIXED ASSETS

Tangible assets

4

7,238

CURRENT ASSETS

Stocks

5

2,336

Debtors

6

41,367

Cash at bank

3,009

46,712

CREDITORS

Amounts falling due within one year

7

23,125

NET CURRENT ASSETS

23,587

TOTAL ASSETS LESS CURRENT LIABILITIES

30,825

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

30,822

SHAREHOLDERS' FUNDS

30,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 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 9 July 2020 and were signed on its behalf by:

Mr T J Earley - Director

Mrs R Fletcher - Director

1.	STATUTORY INFORMATION

Ackworth Road MOT Centre 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.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office Equipment

-

20% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 November 2018

and 31 October 2019

11,210

8,350

1,167

20,727

DEPRECIATION

At 1 November 2018

7,036

4,304

340

11,680

Charge for year

835

809

165

1,809

At 31 October 2019

7,871

5,113

505

13,489

NET BOOK VALUE

At 31 October 2019

3,339

3,237

662

7,238

At 31 October 2018

4,174

4,046

827

9,047

5.

STOCKS

£

Stocks

2,336

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

40,788

VAT

579

41,367

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

5,641

Social security and other taxes

10,941

Other creditors

507

Directors' current accounts

6,036

23,125

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AMR Bookkeeping & Accounts Limited

4 Spur Road

Cosham

PORTSMOUTH

Hampshire

PO6 3EB

Date: .............................................