SC688435falseRetail Car Sales2024-03-012025-02-28http://www.companieshouse.gov.uk/2024-02-29http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-29http://www.companieshouse.gov.uk/cd:Director12024-03-012025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-03-012025-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-03-012025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-03-012025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-29http://www.companieshouse.gov.uk/2024-03-012025-02-28http://www.companieshouse.gov.uk/2024-02-29http://www.companieshouse.gov.uk/cd:FRS1022024-03-012025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-03-012025-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-03-012025-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC688435

Garrowhill Car Sales Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2025

Prepared By:
Clydegrove Accountants (Glasgow) Ltd
910 Tollcross Road
Glasgow
G32 8PE

Garrowhill Car Sales Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
DIRECTORS
Kirsty Lee Mullen
REGISTERED OFFICE
Unit 1
Block A
Nurseries Road
G69 6UL
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC688435
ACCOUNTANTS
Clydegrove Accountants (Glasgow) Ltd
910 Tollcross Road
Glasgow
G32 8PE

Garrowhill Car Sales Limited

ACCOUNTS
FOR THEYEARENDED28/02/2025
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Garrowhill Car Sales Limited

BALANCE SHEET AT 28/02/2025
20252024
Notes££
CURRENT ASSETS
Stock380,030276,230
Cash at bank and in hand29,92251,761
409,952327,991
CREDITORS: Amounts falling due within one year460,37637,340
NET CURRENT ASSETS349,576290,651
TOTAL ASSETS LESS CURRENT LIABILITIES349,576290,651
CREDITORS: Amounts falling due after more than one year5100,000100,000
NET ASSETS249,576190,651
CAPITAL AND RESERVES
Called up share capital622
Profit and loss account249,574190,649
SHAREHOLDERS' FUNDS249,576190,651
For the year ending 28/02/2025 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 decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/07/2025 and signed on their behalf by
.............................
Kirsty Lee Mullen
Director

Garrowhill Car Sales Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20252024
No.No.
Average number of employees6-
3. STOCK 20252024
££
Stock comprises:
Stock380,030276,230
380,030276,230

Garrowhill Car Sales Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax30,60927,436
Other creditors29,7679,904
60,37637,340
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Other creditors > 1yr100,000100,000
100,000100,000
6. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22