Company Registration No. 00668768 (England and Wales)
Podmore's Garage Limited
Unaudited accounts
for the year ended 31 August 2024
Podmore's Garage Limited
Unaudited accounts
Contents
Podmore's Garage Limited
Company Information
for the year ended 31 August 2024
Company Number
00668768 (England and Wales)
Registered Office
Unit 27 Winpenny Road
Parkhouse Industrial Estate East
Newcastle under Lyme
ST5 7RB
Podmore's Garage Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,053
3,053
Cash at bank and in hand
8,889
8,769
Net current assets
9,339
9,219
Total assets less current liabilities
12,392
12,272
Creditors: amounts falling due after more than one year
(54,136)
(54,136)
Net liabilities
(41,744)
(41,864)
Called up share capital
8,001
8,001
Profit and loss account
(49,745)
(49,865)
Shareholders' funds
(41,744)
(41,864)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 9 April 2025 and were signed on its behalf by
Rachel Podmore
Director
Company Registration No. 00668768
Podmore's Garage Limited
Notes to the Accounts
for the year ended 31 August 2024
Podmore's Garage Limited is a private company, limited by shares, registered in England and Wales, registration number 00668768. The registered office is Unit 27 Winpenny Road, Parkhouse Industrial Estate East, Newcastle under Lyme, ST5 7RB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
4% straight line
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
25,000
3,080
720
28,800
At 31 August 2024
25,000
3,080
720
28,800
At 1 September 2023
22,000
3,040
707
25,747
At 31 August 2024
22,000
3,040
707
25,747
At 31 August 2024
3,000
40
13
3,053
At 31 August 2023
3,000
40
13
3,053
5
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
(27)
(27)
Loans from directors
53,163
53,163
Podmore's Garage Limited
Notes to the Accounts
for the year ended 31 August 2024
Allotted, called up and fully paid:
8,001 Ordinary shares of £1 each
8,001
8,001
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).