| Registered Number:SC484855 |
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
For the year ended 30 September 2024
Northend Garage Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Northend Garage Limited
Statement of Financial Position
2023
2024
-
4,000
2
| Property, plant and equipment |
6,264
8,314
3
6,264
12,314
670
720
4
| Trade and other receivables |
3,346
2,382
5
59,122
| Cash and cash equivalents |
80,288
83,390
63,138
| Trade and other payables: amounts falling due within one |
| year |
(39,741)
(36,894)
6
23,397
46,496
Net current assets
| Total assets less current liabilities |
52,760
35,711
| Trade and other payables: amounts falling due after more |
| than one year |
(27,261)
(49,523)
7
(1,566)
(1,580)
| Provisions for liabilities |
1,671
Net assets
6,870
100
100
1,571
6,770
1,671
6,870
Shareholders' funds
| For the year ended 30 September 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 September 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their 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. |
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For the year ended 30 September 2024
Northend Garage Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 September 2024
Northend Garage Limited
Notes to the Financial Statements
Statutory Information
| Northend Garage Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC484855. |
Ramoyle
Dunblane
FK15
| 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. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 10 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
Motor Vehicles
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. |
| 2. Intangible fixed assets |
Goodwill
40,000
40,000
36,000
4,000
Charge for year
40,000
-
4,000
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For the year ended 30 September 2024
Northend Garage Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
34,128
21,435
12,693
12,693
21,435
34,128
| Provision for depreciation and impairment |
25,814
14,411
11,403
Charge for year
2,050
1,404
646
27,864
15,815
12,049
644
5,620
6,264
1,290
7,024
8,314
2023
2024
720
670
| 5. Trade and other receivables |
2023
2024
-
1,007
2,382
2,339
3,346
2,382
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
-
230
10,793
14,303
| Taxation and social security |
24,608
23,579
1,493
1,629
36,894
39,741
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For the year ended 30 September 2024
Northend Garage Limited
Notes to the Financial Statements Continued
| 7. Trade and other payables: amounts falling due after more than one year |
2023
2024
27,261
49,523
| 8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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