1 April 2024 false No description of principal activity Taxfiler 2024.6 12750830business:PrivateLimitedCompanyLtd2024-04-012025-03-31 127508302024-03-31 127508302024-04-012025-03-31 12750830business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 12750830business:FilletedAccounts2024-04-012025-03-31 127508302025-03-31 127508302024-03-31 12750830core:WithinOneYear2025-03-31 12750830core:WithinOneYear2024-03-31 12750830core:AfterOneYear2025-03-31 12750830core:AfterOneYear2024-03-31 12750830core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 12750830core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12750830core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 12750830core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12750830core:PreviouslyStatedAmount2025-03-31 12750830core:PreviouslyStatedAmount2024-03-31 12750830business:SmallEntities2024-04-012025-03-31 12750830business:Director12024-04-012025-03-31 12750830countries:EnglandWales2024-04-012025-03-31 12750830business:RegisteredOffice2024-04-012025-03-31 12750830core:PlantMachinery2024-04-012025-03-31 12750830core:MotorVehicles2024-04-012025-03-31 12750830core:FurnitureFittings2024-04-012025-03-31 12750830core:ComputerEquipment2024-04-012025-03-31 12750830core:Goodwill2024-03-31 12750830core:Goodwill2025-03-31 12750830core:Goodwill2024-04-012025-03-31 12750830core:PlantMachinery2024-03-31 12750830core:MotorVehicles2024-03-31 12750830core:FurnitureFittings2024-03-31 12750830core:ComputerEquipment2024-03-31 12750830core:PlantMachinery2025-03-31 12750830core:MotorVehicles2025-03-31 12750830core:FurnitureFittings2025-03-31 12750830core:ComputerEquipment2025-03-31 127508302023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12750830 (England and Wales)
Hillclimb Garage Ltd Unaudited accounts for the year ended 31 March 2025
Hillclimb Garage Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
46,282 
53,232 
Tangible assets
69,741 
34,316 
116,023 
87,548 
Current assets
Inventories
23,100 
16,586 
Debtors
49,739 
40,653 
Cash at bank and in hand
149,156 
189,695 
221,995 
246,934 
Creditors: amounts falling due within one year
(113,649)
(128,861)
Net current assets
108,346 
118,073 
Total assets less current liabilities
224,369 
205,621 
Creditors: amounts falling due after more than one year
(98,324)
(118,026)
Net assets
126,045 
87,595 
Capital and reserves
Called up share capital
177 
174 
Profit and loss account
125,868 
87,421 
Shareholders' funds
126,045 
87,595 
For the year ending 31 March 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by
Mark Darvill Director Company Registration No. 12750830
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Hillclimb Garage Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Hillclimb Garage Ltd is a private company, limited by shares, registered in England and Wales, registration number 12750830. The registered office is 17 LITTLEWORTH ROAD, DOWNLEY, HIGH WYCOMBE, BUCKS, HP13 5XF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
33% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
76,915 
At 31 March 2025
76,915 
Amortisation
At 1 April 2024
23,683 
Charge for the year
6,950 
At 31 March 2025
30,633 
Net book value
At 31 March 2025
46,282 
At 31 March 2024
53,232 
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Hillclimb Garage Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
41,750 
24,891 
14,845 
25,847 
107,333 
Additions
13,421 
- 
43,538 
4,855 
61,814 
Disposals
(1,677)
- 
- 
- 
(1,677)
At 31 March 2025
53,494 
24,891 
58,383 
30,702 
167,470 
Depreciation
At 1 April 2024
35,934 
12,996 
5,620 
18,467 
73,017 
Charge for the year
5,684 
6,228 
8,186 
5,546 
25,644 
On disposals
(932)
- 
- 
- 
(932)
At 31 March 2025
40,686 
19,224 
13,806 
24,013 
97,729 
Net book value
At 31 March 2025
12,808 
5,667 
44,577 
6,689 
69,741 
At 31 March 2024
5,816 
11,895 
9,225 
7,380 
34,316 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,898 
25,651 
Accrued income and prepayments
19,472 
2,990 
Other debtors
12,369 
12,012 
49,739 
40,653 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
55,124 
52,507 
Taxes and social security
52,709 
66,070 
Accruals
5,816 
10,284 
113,649 
128,861 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
2,903 
2,747 
Loans from directors
95,421 
115,279 
98,324 
118,026 
9
Average number of employees
During the year the average number of employees was 13 (2024: 12).
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