IRIS Accounts Production v24.1.4.33 05772422 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057724222023-04-30057724222024-04-30057724222023-05-012024-04-30057724222022-04-30057724222022-05-012023-04-30057724222023-04-3005772422ns15:EnglandWales2023-05-012024-04-3005772422ns14:PoundSterling2023-05-012024-04-3005772422ns10:Director12023-05-012024-04-3005772422ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005772422ns10:SmallEntities2023-05-012024-04-3005772422ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005772422ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005772422ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005772422ns10:FullAccounts2023-05-012024-04-300577242212023-05-012024-04-3005772422ns10:Director22023-05-012024-04-3005772422ns10:Director32023-05-012024-04-3005772422ns10:Director42023-05-012024-04-3005772422ns10:RegisteredOffice2023-05-012024-04-3005772422ns5:CurrentFinancialInstruments2024-04-3005772422ns5:CurrentFinancialInstruments2023-04-3005772422ns5:ShareCapital2024-04-3005772422ns5:ShareCapital2023-04-3005772422ns5:RetainedEarningsAccumulatedLosses2024-04-3005772422ns5:RetainedEarningsAccumulatedLosses2023-04-3005772422ns5:NetGoodwill2023-05-012024-04-3005772422ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005772422ns5:PlantMachinery2023-05-012024-04-3005772422ns5:NetGoodwill2023-04-3005772422ns5:NetGoodwill2024-04-3005772422ns5:NetGoodwill2023-04-3005772422ns5:LandBuildings2023-04-3005772422ns5:PlantMachinery2023-04-3005772422ns5:LandBuildings2023-05-012024-04-3005772422ns5:LandBuildings2024-04-3005772422ns5:PlantMachinery2024-04-3005772422ns5:LandBuildings2023-04-3005772422ns5:PlantMachinery2023-04-3005772422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3005772422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 05772422 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ORMESHERS GARAGE LIMITED

ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ORMESHERS GARAGE LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: T E Ormesher
Mrs K Ormesher
T J Ormesher
A J Ormesher





REGISTERED OFFICE: Major Street
Pemberton
Wigan
Lancashire
WN5 8AD





REGISTERED NUMBER: 05772422 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)

STATEMENT OF FINANCIAL POSITION
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,040 10,560
Tangible assets 5 119,038 123,048
126,078 133,608

CURRENT ASSETS
Stocks 3,950 3,050
Debtors 6 38,147 27,662
Cash at bank and in hand 95,494 91,223
137,591 121,935
CREDITORS
Amounts falling due within one year 7 90,660 73,466
NET CURRENT ASSETS 46,931 48,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,009

182,077

PROVISIONS FOR LIABILITIES 10,320 11,322
NET ASSETS 162,689 170,755

CAPITAL AND RESERVES
Called up share capital 302 302
Retained earnings 162,387 170,453
SHAREHOLDERS' FUNDS 162,689 170,755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)

STATEMENT OF FINANCIAL POSITION - continued
30 April 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2024 and were signed on its behalf by:





T E Ormesher - Director


ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Ormeshers Garage 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for services provided and is shown net of VAT.

Turnover is recognised when the service has been provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 10% on reducing balance and 5% on reducing balance

Stocks
Stocks are recognised at the lower of cost and net selling price, after making due allowance for obsolete and slow moving items.

Financial instruments
The following assets and liabilities are classified as financial instruments; trade debtors, Directors' loan account, trade creditors and accruals.

Financial instruments that are payable or receivable withing one year, typically Directors' loan accounts, trade creditors, accruals and trade debtors, are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 70,400
AMORTISATION
At 1 May 2023 59,840
Charge for year 3,520
At 30 April 2024 63,360
NET BOOK VALUE
At 30 April 2024 7,040
At 30 April 2023 10,560

ORMESHERS GARAGE LIMITED (REGISTERED NUMBER: 05772422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 89,725 149,341 239,066
DEPRECIATION
At 1 May 2023 - 116,018 116,018
Charge for year - 4,010 4,010
At 30 April 2024 - 120,028 120,028
NET BOOK VALUE
At 30 April 2024 89,725 29,313 119,038
At 30 April 2023 89,725 33,323 123,048

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,796 19,028
Other debtors 14,351 8,634
38,147 27,662

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 36,157 29,382
Taxation and social security 50,131 39,712
Other creditors 4,372 4,372
90,660 73,466