1 October 2020 false No description of principal activity Taxfiler 2022.8.3 10976380business:PrivateLimitedCompanyLtd2020-10-012021-09-30 109763802020-09-30 109763802020-10-012021-09-30 10976380business:AuditExempt-NoAccountantsReport2020-10-012021-09-30 10976380business:FullAccounts2020-10-012021-09-30 109763802021-09-30 10976380business:Director12020-10-012021-09-30 10976380business:Director22020-10-012021-09-30 10976380business:RegisteredOffice2020-10-012021-09-30 109763802020-09-30 10976380core:WithinOneYear2021-09-30 10976380core:WithinOneYear2020-09-30 10976380core:AfterOneYear2021-09-30 10976380core:AfterOneYear2020-09-30 10976380core:ShareCapital2021-09-30 10976380core:ShareCapital2020-09-30 10976380core:RetainedEarningsAccumulatedLosses2021-09-30 10976380core:RetainedEarningsAccumulatedLosses2020-09-30 10976380business:SmallEntities2020-10-012021-09-30 10976380countries:EnglandWales2020-10-012021-09-30 10976380core:PlantMachinery2020-10-012021-09-30 10976380core:PlantMachinery2020-09-30 10976380core:PlantMachinery2021-09-30 10976380core:WithinOneYear2020-10-012021-09-30 10976380core:AfterOneYear2020-10-012021-09-30 109763802019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10976380 (England and Wales)
Flanshaw Garage Limited Unaudited accounts for the year ended 30 September 2021
Flanshaw Garage Limited Unaudited accounts Contents
Page
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Flanshaw Garage Limited Company Information for the year ended 30 September 2021
Directors
Paul T Sanderson Karen L Sanderson
Company Number
10976380 (England and Wales)
Registered Office
Unit 25 Flanshaw Works Flanshaw Lane Wakefield West Yorkshire WF2 9JF England
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Flanshaw Garage Limited Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,130 
4,173 
Current assets
Debtors
8,528 
1,797 
Cash at bank and in hand
3,095 
1,983 
11,623 
3,780 
Creditors: amounts falling due within one year
(23,717)
(14,826)
Net current liabilities
(12,094)
(11,046)
Total assets less current liabilities
(8,964)
(6,873)
Creditors: amounts falling due after more than one year
(27,133)
- 
Net liabilities
(36,097)
(6,873)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(36,099)
(6,875)
Shareholders' funds
(36,097)
(6,873)
For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by
Paul T Sanderson Director Company Registration No. 10976380
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Flanshaw Garage Limited Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
Flanshaw Garage Limited is a private company, limited by shares, registered in England and Wales, registration number 10976380. The registered office is Unit 25 Flanshaw Works, Flanshaw Lane, Wakefield, West Yorkshire, WF2 9JF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Income taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
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Flanshaw Garage Limited Notes to the Accounts for the year ended 30 September 2021
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2020
5,620 
At 30 September 2021
5,620 
Depreciation
At 1 October 2020
1,447 
Charge for the year
1,043 
At 30 September 2021
2,490 
Net book value
At 30 September 2021
3,130 
At 30 September 2020
4,173 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
354 
Trade debtors
382 
- 
Deferred tax asset
8,146 
1,443 
8,528 
1,797 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
7,400 
- 
VAT
2,382 
- 
Trade creditors
5,488 
13,331 
Taxes and social security
545 
545 
Loans from directors
7,902 
950 
23,717 
14,826 
Bank loans are unsecured, repayable in instalments and interest is charged at 2.5%.
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
27,133 
- 
Bank loans are unsecured, repayable by instalments and interest is charged at 2.5%.
8
Transactions with related parties
Included in 'Creditors due within one year' is an amount of £7,902 (2020: £950) due to the director. The amount is unsecured, repayable on demand and no interest is being charged.
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Flanshaw Garage Limited Notes to the Accounts for the year ended 30 September 2021
9
Average number of employees
During the year the average number of employees was 4 (2020: 4).
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