IRIS Accounts Production v25.1.3.33 00789025 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh007890252023-12-31007890252024-12-31007890252024-01-012024-12-31007890252022-12-31007890252023-01-012023-12-31007890252023-12-3100789025ns15:EnglandWales2024-01-012024-12-3100789025ns14:PoundSterling2024-01-012024-12-3100789025ns10:Director12024-01-012024-12-3100789025ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3100789025ns10:SmallEntities2024-01-012024-12-3100789025ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3100789025ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3100789025ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3100789025ns10:FullAccounts2024-01-012024-12-310078902512024-01-012024-12-3100789025ns10:OrdinaryShareClass12024-01-012024-12-3100789025ns10:OrdinaryShareClass22024-01-012024-12-3100789025ns10:Director22024-01-012024-12-3100789025ns10:Director32024-01-012024-12-3100789025ns10:RegisteredOffice2024-01-012024-12-3100789025ns5:CurrentFinancialInstruments2024-12-3100789025ns5:CurrentFinancialInstruments2023-12-3100789025ns5:Non-currentFinancialInstruments2024-12-3100789025ns5:Non-currentFinancialInstruments2023-12-3100789025ns5:ShareCapital2024-12-3100789025ns5:ShareCapital2023-12-3100789025ns5:CapitalRedemptionReserve2024-12-3100789025ns5:CapitalRedemptionReserve2023-12-3100789025ns5:RetainedEarningsAccumulatedLosses2024-12-3100789025ns5:RetainedEarningsAccumulatedLosses2023-12-3100789025ns5:NetGoodwill2024-01-012024-12-3100789025ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3100789025ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-012024-12-3100789025ns5:PlantMachinery2024-01-012024-12-3100789025ns5:NetGoodwill2023-12-3100789025ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3100789025ns5:NetGoodwill2024-12-3100789025ns5:PatentsTrademarksLicencesConcessionsSimilar2024-12-3100789025ns5:NetGoodwill2023-12-3100789025ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3100789025ns5:LeaseholdImprovements2023-12-3100789025ns5:PlantMachinery2023-12-3100789025ns5:FurnitureFittings2023-12-3100789025ns5:MotorVehicles2023-12-3100789025ns5:LeaseholdImprovements2024-01-012024-12-3100789025ns5:FurnitureFittings2024-01-012024-12-3100789025ns5:MotorVehicles2024-01-012024-12-3100789025ns5:LeaseholdImprovements2024-12-3100789025ns5:PlantMachinery2024-12-3100789025ns5:FurnitureFittings2024-12-3100789025ns5:MotorVehicles2024-12-3100789025ns5:LeaseholdImprovements2023-12-3100789025ns5:PlantMachinery2023-12-3100789025ns5:FurnitureFittings2023-12-3100789025ns5:MotorVehicles2023-12-3100789025ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3100789025ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3100789025ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-3100789025ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3100789025ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3100789025ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3100789025ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-12-3100789025ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3100789025ns5:DeferredTaxation2023-12-3100789025ns5:DeferredTaxation2024-01-012024-12-3100789025ns5:DeferredTaxation2024-12-3100789025ns10:OrdinaryShareClass12024-12-3100789025ns10:OrdinaryShareClass22024-12-31
REGISTERED NUMBER: 00789025 (England and Wales)















New Duston Garage Limited

Unaudited Financial Statements

for the Year Ended 31st December 2024






New Duston Garage Limited (Registered number: 00789025)






Contents of the Financial Statements
for the year ended 31st December 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


New Duston Garage Limited

Company Information
for the year ended 31st December 2024







DIRECTORS: Mrs K Brown
R M Brown
J Peck





REGISTERED OFFICE: Unit 5/6 Pan Depot
Harlestone Road
Northampton
NN5 6NU





REGISTERED NUMBER: 00789025 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

New Duston Garage Limited (Registered number: 00789025)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 13,854 -
Tangible assets 6 87,488 52,505
101,342 52,505

CURRENT ASSETS
Stocks 28,022 8,188
Debtors 7 130,454 115,243
Cash at bank and in hand 259,293 270,819
417,769 394,250
CREDITORS
Amounts falling due within one year 8 233,229 208,930
NET CURRENT ASSETS 184,540 185,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,882

237,825

CREDITORS
Amounts falling due after more than one
year

9

(40,211

)

(21,631

)

PROVISIONS FOR LIABILITIES 11 (8,500 ) (9,984 )
NET ASSETS 237,171 206,210

CAPITAL AND RESERVES
Called up share capital 12 8,000 8,000
Capital redemption reserve 2,000 2,000
Retained earnings 227,171 196,210
SHAREHOLDERS' FUNDS 237,171 206,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

New Duston Garage Limited (Registered number: 00789025)

Balance Sheet - continued
31st December 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 Board of Directors and authorised for issue on 1st July 2025 and were signed on its behalf by:





R M Brown - Director


New Duston Garage Limited (Registered number: 00789025)

Notes to the Financial Statements
for the year ended 31st December 2024

1. STATUTORY INFORMATION

New Duston Garage 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of providing garage services.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 50% on reducing balance, 25% on reducing balance and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

New Duston Garage Limited (Registered number: 00789025)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill Website Totals
£    £    £   
COST
At 1st January 2024 9,000 - 9,000
Additions - 17,500 17,500
At 31st December 2024 9,000 17,500 26,500
AMORTISATION
At 1st January 2024 9,000 - 9,000
Amortisation for year - 3,646 3,646
At 31st December 2024 9,000 3,646 12,646
NET BOOK VALUE
At 31st December 2024 - 13,854 13,854
At 31st December 2023 - - -

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st January 2024 77,652 146,558 46,706 31,920 302,836
Additions - 8,418 7,349 45,499 61,266
At 31st December 2024 77,652 154,976 54,055 77,419 364,102
DEPRECIATION
At 1st January 2024 70,528 114,087 39,954 25,762 250,331
Charge for year 1,534 9,678 5,000 10,071 26,283
At 31st December 2024 72,062 123,765 44,954 35,833 276,614
NET BOOK VALUE
At 31st December 2024 5,590 31,211 9,101 41,586 87,488
At 31st December 2023 7,124 32,471 6,752 6,158 52,505

New Duston Garage Limited (Registered number: 00789025)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st January 2024
and 31st December 2024 19,350
DEPRECIATION
At 1st January 2024 13,058
Charge for year 1,573
At 31st December 2024 14,631
NET BOOK VALUE
At 31st December 2024 4,719
At 31st December 2023 6,292

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 74,305 67,138
Other debtors 56,149 48,105
130,454 115,243

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 10,198 9,848
Hire purchase contracts 5,456 2,824
Trade creditors 99,695 74,316
Taxation and social security 97,052 98,735
Other creditors 20,828 23,207
233,229 208,930

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 10) 4,592 15,080
Hire purchase contracts 35,619 6,551
40,211 21,631

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,198 9,848

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,592 15,080

New Duston Garage Limited (Registered number: 00789025)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,500 9,984

Deferred
tax
£   
Balance at 1st January 2024 9,984
Provided during year (1,484 )
Balance at 31st December 2024 8,500

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
7,400 Ordinary £1 7,400 7,400
600 Ordinary A £1 600 600
8,000 8,000

13. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st December 2024 or 31st December 2023.

14. CAPITAL COMMITMENTS

There were no capital commitments as at 31st December 2024 or 31st December 2023.