FOURWINDS GARAGE (MITCHELL) LIMITED

Company Registration Number:
09054384 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

FOURWINDS GARAGE (MITCHELL) LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes

FOURWINDS GARAGE (MITCHELL) LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,039,562 667,072
Total fixed assets: 1,039,562 667,072
Current assets
Stocks: 4 8,000 8,000
Debtors: 5 171,136 191,868
Cash at bank and in hand: 997,905 1,054,493
Total current assets: 1,177,041 1,254,361
Creditors: amounts falling due within one year: 6 ( 256,252 ) ( 285,648 )
Net current assets (liabilities): 920,789 968,713
Total assets less current liabilities: 1,960,351 1,635,785
Provision for liabilities: ( 171,759 ) ( 151,238 )
Total net assets (liabilities): 1,788,592 1,484,547
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,788,492 1,484,447
Total Shareholders' funds: 1,788,592 1,484,547

The notes form part of these financial statements

FOURWINDS GARAGE (MITCHELL) LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 19 February 2025
and signed on behalf of the board by:

Name: Mr David A Henwood
Status: Director

The notes form part of these financial statements

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 41 39

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 97,127 4,924 1,631,474 1,733,525
Additions 299,468 4,345 246,957 550,770
Disposals ( 3,000 ) ( 3,000 )
Revaluations
Transfers
At 31 May 2024 299,468 97,127 9,269 1,875,431 2,281,295
Depreciation
At 1 June 2023 65,935 2,117 998,401 1,066,453
Charge for year 4,679 2,395 170,375 177,449
On disposals ( 2,169 ) ( 2,169 )
Other adjustments
At 31 May 2024 70,614 4,512 1,166,607 1,241,733
Net book value
At 31 May 2024 299,468 26,513 4,757 708,824 1,039,562
At 31 May 2023 0 31,192 2,807 633,073 667,072

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 8,000 8,000
Total 8,000 8,000

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Trade debtors 171,136 188,289
Prepayments and accrued income 2,895
Other debtors 684
Total 171,136 191,868

FOURWINDS GARAGE (MITCHELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,687 1,687
Trade creditors 49,253 57,449
Taxation and social security 200,201 223,319
Accruals and deferred income 2,750 3,193
Other creditors 2,361
Total 256,252 285,648