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REGISTERED NUMBER: 00632113 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Nelson Street Garage (Chester) Limited

Nelson Street Garage (Chester) Limited (Registered number: 00632113)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Nelson Street Garage (Chester) Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J HENDERSON





SECRETARY: MRS K SMITH





REGISTERED OFFICE: 27 Seller Street
Chester
Cheshire
CH1 3NA





REGISTERED NUMBER: 00632113 (England and Wales)





ACCOUNTANTS: Milne Thomas and Co
27 Seller Street
Chester
Cheshire
CH1 3NA

Nelson Street Garage (Chester) Limited (Registered number: 00632113)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77 96
Investment property 5 270,000 270,000
270,077 270,096

CURRENT ASSETS
Cash at bank 33,211 25,593

CREDITORS
Amounts falling due within one year 6 3,313 2,837
NET CURRENT ASSETS 29,898 22,756
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,975

292,852

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Fair value reserve 7 89,788 89,788
Retained earnings 208,187 201,064
299,975 292,852

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

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 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.

Nelson Street Garage (Chester) Limited (Registered number: 00632113)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2025 and were signed by:





J HENDERSON - Director


Nelson Street Garage (Chester) Limited (Registered number: 00632113)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Nelson Street Garage (Chester) 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Freehold investment property
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains if applicable at the rate expected to apply when the property is sold.

Leases
Rents receivable on the freehold investment properties under the terms of operating leases are included in turnover for the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Nelson Street Garage (Chester) Limited (Registered number: 00632113)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 3,096
DEPRECIATION
At 1 July 2023 3,000
Charge for year 19
At 30 June 2024 3,019
NET BOOK VALUE
At 30 June 2024 77
At 30 June 2023 96

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 270,000
NET BOOK VALUE
At 30 June 2024 270,000
At 30 June 2023 270,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 270,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 1,762 139
Other creditors 1,551 2,698
3,313 2,837

Nelson Street Garage (Chester) Limited (Registered number: 00632113)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. RESERVES
Fair
value
reserve
£   
At 1 July 2023
and 30 June 2024 89,788

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Nelson Street Garage (Chester) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nelson Street Garage (Chester) Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Nelson Street Garage (Chester) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nelson Street Garage (Chester) Limited and state those matters that we have agreed to state to the director of Nelson Street Garage (Chester) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nelson Street Garage (Chester) Limited and its director for our work or for this report.

It is your duty to ensure that Nelson Street Garage (Chester) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nelson Street Garage (Chester) Limited. You consider that Nelson Street Garage (Chester) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nelson Street Garage (Chester) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Milne Thomas and Co
27 Seller Street
Chester
Cheshire
CH1 3NA


3 May 2025