Registered number: 08577853 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||
|
||||||||
Prepared By: | ||||||||
R F Love and Company | ||||||||
Chartered Accountant | ||||||||
Holly House | ||||||||
21d, Chudleigh Road | ||||||||
Exeter | ||||||||
Devon | ||||||||
EX2 8TS |
|
||||||||
Sowton MOTs Ltd | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||
DIRECTORS | ||||||||
|
||||||||
|
||||||||
|
||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
Devon | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08577853 | ||||||||
ACCOUNTANTS | ||||||||
R F Love and Company | ||||||||
Chartered Accountant | ||||||||
Holly House | ||||||||
21d, Chudleigh Road | ||||||||
Exeter | ||||||||
Devon | ||||||||
EX2 8TS |
|
||||||||
Sowton MOTs Ltd | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
|
||||||||
Sowton MOTs Ltd | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2022 | 2021 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 |
|
|
|||||||
Cash at bank and in hand |
|
|
||||||||
504,587 | 390,679 | |||||||||
CREDITORS: Amounts falling due within one year | 5 |
|
|
|||||||
NET CURRENT ASSETS |
|
264,030 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 |
|
|
|||||||
NET ASSETS |
|
|
||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
|
|
|||||||
Profit and loss account | 412,887 | 294,777 | ||||||||
SHAREHOLDERS' FUNDS |
|
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
Sowton MOTs Ltd | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
|
||||||||
Long Leasehold Properties | reducing balance 20% | |||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2022 | 2021 | |||||
No. | No. | |||||
Average number of employees |
|
7 | ||||
|
||||||||
Sowton MOTs Ltd | ||||||||
|
3. TANGIBLE FIXED ASSETS | ||||||||||||
Long Leasehold | Plant and | Fixtures | ||||||||||
Properties | Machinery | and Fittings | Equipment | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 01/04/2021 | 9,628 | 66,736 | 779 | 932 | 18,994 | 97,069 | ||||||
Additions | - | - | - | 745 | - | 745 | ||||||
At 31/03/2022 | 9,628 | 66,736 | 779 | 1,677 | 18,994 | 97,814 | ||||||
Depreciation | ||||||||||||
At 01/04/2021 | 8,987 | 35,535 | 661 | 766 | 13,748 | 59,697 | ||||||
For the year | 320 | 7,800 | 29 | 227 | 1,311 | 9,687 | ||||||
At 31/03/2022 | 9,307 | 43,335 | 690 | 993 | 15,059 | 69,384 | ||||||
Net Book Amounts | ||||||||||||
At 31/03/2022 | 321 |
|
|
|
|
28,430 | ||||||
At 31/03/2021 | 641 |
|
|
|
|
37,372 | ||||||
4. DEBTORS | 2022 | 2021 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 98,195 | 52,651 | ||||||
98,195 | 52,651 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
UK corporation tax | 30,554 | 43,109 | ||||||
VAT | 29,037 | 18,430 | ||||||
PAYE control | 2,975 | 2,141 | ||||||
Directors current account | 19,784 | 23,241 | ||||||
Trade creditors | 28,744 | 26,354 | ||||||
Other creditors | - | 10,374 | ||||||
Accruals | 4,000 | 3,000 | ||||||
115,094 | 126,649 | |||||||
|
||||||||
Sowton MOTs Ltd | ||||||||
|
6. PROVISIONS FOR LIABILITIES | 2022 | 2021 | ||||||
£ | £ | |||||||
Deferred taxation | 4,036 | 5,625 | ||||||
4,036 | 5,625 | |||||||
7. SHARE CAPITAL | 2022 | 2021 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
|
1000 | 1000 | ||||||
1,000 | 1,000 | |||||||