Registered number
09532458
Sandgate Service Station Ltd
Filleted Accounts
31 January 2025
Sandgate Service Station Ltd
Registered number: 09532458
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 296,098 281,851
Current assets
Stocks 76,465 63,561
Debtors 4 103,558 87,182
Cash at bank and in hand 902,571 720,729
1,082,594 871,472
Creditors: amounts falling due within one year 5 (230,306) (180,237)
Net current assets 852,288 691,235
Total assets less current liabilities 1,148,386 973,086
Creditors: amounts falling due after more than one year 6 (250,902) (252,404)
Net assets 897,484 720,682
Capital and reserves
Called up share capital 200 200
Profit and loss account 897,284 720,482
Shareholders' funds 897,484 720,682
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G Patel
Director
Approved by the board on 21 March 2025
Sandgate Service Station Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Plant and machinery 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 6 5
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 February 2024 318,975 11,538 330,513
Additions 14,966 8,165 23,131
At 31 January 2025 333,941 19,703 353,644
Depreciation
At 1 February 2024 39,983 8,679 48,662
Charge for the year 6,679 2,205 8,884
At 31 January 2025 46,662 10,884 57,546
Net book value
At 31 January 2025 287,279 8,819 296,098
At 31 January 2024 278,992 2,859 281,851
4 Debtors 2025 2024
£ £
Trade debtors 33,652 17,276
Other debtors 69,906 69,906
103,558 87,182
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 145,657 106,127
Taxation and social security costs 79,157 68,648
Other creditors 5,492 5,462
230,306 180,237
£135,566 (2024: £93,319) of trade creditors owed to Valero Energy Limited are secured against the assets of the company.
6 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 250,902 252,404
7 Related party transactions
Included in other debtors is an amount owed by a relates company in the amount of £69,906(2024: £69,906)
Creditors falling due more than one year include amounts owed to related companies which total £188,368 (2024: 184,516).

The directors and shareholders of Sandgate Service Station Ltd are also directors and shareholders of the related companies.
8 Controlling party
During the year the company was under the control of the directors who holds 100% of the issued shares.
9 Other information
Sandgate Service Station Ltd is a private company limited by shares and incorporated in England. Its registered office is:
2 Fieldhead Street
Fieldhead Business Centre
Bradford
West Yorkshire
BD7 1LW
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