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REGISTERED NUMBER: 02271768 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2022 TO 31 MARCH 2024

FOR

HURSLEY HILL GARAGE (BRISTOL) LIMITED

HURSLEY HILL GARAGE (BRISTOL) LIMITED (REGISTERED NUMBER: 02271768)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HURSLEY HILL GARAGE (BRISTOL) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 MARCH 2024







DIRECTORS: A D Smart
N J Smart





SECRETARY: A D Smart





REGISTERED OFFICE: Hursley Hill Garage
Wells Road
Whitchurch
Bristol
BS14 0QZ





REGISTERED NUMBER: 02271768 (England and Wales)





ACCOUNTANTS: Peregrine
Chartered Accountants
Old Bank
The Triangle
Paulton
Bristol
BS39 7LE

HURSLEY HILL GARAGE (BRISTOL) LIMITED (REGISTERED NUMBER: 02271768)

BALANCE SHEET
31 MARCH 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,856,176 883,192

CURRENT ASSETS
Stocks 12,500 248,244
Debtors 5 452,028 241,650
Cash at bank 568,725 3,070,972
1,033,253 3,560,866
CREDITORS
Amounts falling due within one year 6 219,823 841,399
NET CURRENT ASSETS 813,430 2,719,467
TOTAL ASSETS LESS CURRENT LIABILITIES 3,669,606 3,602,659

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,669,506 3,602,559
3,669,606 3,602,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 28 October 2024 and were signed on its behalf by:




A D Smart - Director



N J Smart - Director


HURSLEY HILL GARAGE (BRISTOL) LIMITED (REGISTERED NUMBER: 02271768)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Hursley Hill Garage (Bristol) 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.
Long leasehold - in accordance with the property
Improvements to property - Not depreciated
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Small Tools - 25% on reducing balance
Equipment - 15% 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.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 7 ) .

HURSLEY HILL GARAGE (BRISTOL) LIMITED (REGISTERED NUMBER: 02271768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Long to Plant and
property leasehold property machinery
£    £    £    £   
COST
At 1 November 2022 778,396 150,019 52,955 84,850
Additions 1,982,533 - - 9,833
At 31 March 2024 2,760,929 150,019 52,955 94,683
DEPRECIATION
At 1 November 2022 - 112,380 - 79,314
Charge for period - 11,251 - 5,765
At 31 March 2024 - 123,631 - 85,079
NET BOOK VALUE
At 31 March 2024 2,760,929 26,388 52,955 9,604
At 31 October 2022 778,396 37,639 52,955 5,536

Fixtures
and Small
fittings Tools Equipment Totals
£    £    £    £   
COST
At 1 November 2022 14,641 54,762 15,462 1,151,085
Additions - - 1,415 1,993,781
At 31 March 2024 14,641 54,762 16,877 3,144,866
DEPRECIATION
At 1 November 2022 11,215 54,348 10,636 267,893
Charge for period 1,285 156 2,340 20,797
At 31 March 2024 12,500 54,504 12,976 288,690
NET BOOK VALUE
At 31 March 2024 2,141 258 3,901 2,856,176
At 31 October 2022 3,426 414 4,826 883,192

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 32,212 20,018
Amounts owed by participating interests 311,220 215,231
Other debtors 106,200 -
Pension - 1
Directors' current accounts - 6,400
Prepayments and accrued income 2,396 -
452,028 241,650

HURSLEY HILL GARAGE (BRISTOL) LIMITED (REGISTERED NUMBER: 02271768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 22,534 49,601
Tax 11,679 768,592
Social security and other taxes 4,013 3,921
VAT 9,729 10,557
Other creditors 25,625 200
Directors' current accounts 140,663 5,863
Accrued expenses 5,580 2,665
219,823 841,399