Riverside Garage (Bamford) Ltd |
Registered Number:04712864 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Riverside Garage (Bamford) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Riverside Garage (Bamford) Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
19,639
16,178
3
19,639
16,178
1,000
1,000
4
Trade and other receivables |
6,808
16,187
5
286,545
Cash and cash equivalents |
62,895
80,082
294,353
Trade and other payables: amounts falling due within one |
year |
(75,342)
(54,926)
6
219,011
25,156
Net current assets
Total assets less current liabilities |
44,795
235,189
(4,531)
(3,074)
Provisions for liabilities |
40,264
Net assets
232,115
2
2
40,262
232,113
40,264
232,115
Shareholders' funds
For the year ended 30 June 2024 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2024
Riverside Garage (Bamford) Ltd
Notes to the Financial Statements
Statutory Information
Riverside Garage (Bamford) Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 04712864. |
Water Lane, Station Road
Bamford
Hope Valley
S33 0DA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
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For the year ended 30 June 2024
Riverside Garage (Bamford) Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
120,000
120,000
120,000
120,000
-
-
3. Property, plant and equipment |
Motor vehicles
63,138
1,411
13,567
-
48,160
7,646
176
-
5,000
2,470
5,000
13,567
1,587
70,784
50,630
Provision for depreciation and impairment |
46,960
1,210
12,830
-
32,920
Charge for year
4,185
95
184
1,250
2,656
51,145
1,305
13,014
1,250
35,576
15,054
3,750
553
282
19,639
15,240
-
737
201
16,178
2023
2024
1,000
1,000
3 of 4
For the year ended 30 June 2024
Riverside Garage (Bamford) Ltd
Notes to the Financial Statements Continued
5. Trade and other receivables |
2023
2024
14,517
6,478
1,670
330
6,808
16,187
6. Trade and other payables: amounts falling due within one year |
2023
2024
15,260
24,780
Taxation and social security |
37,771
47,923
1,895
2,639
54,926
75,342
7. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
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