Registered number
09532502
Irlam Service Station Ltd
Filleted Accounts
31 January 2025
Irlam Service Station Ltd
Registered number: 09532502
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 558,800 384,282
Current assets
Stocks 88,510 104,790
Debtors 4 251,953 221,562
Cash at bank and in hand 101,537 287,379
442,000 613,731
Creditors: amounts falling due within one year 5 (119,869) (184,655)
Net current assets 322,131 429,076
Total assets less current liabilities 880,931 813,358
Creditors: amounts falling due after more than one year 6 (438,033) (438,892)
Net assets 442,898 374,466
Capital and reserves
Called up share capital 200 200
Profit and loss account 442,698 374,266
Shareholders' funds 442,898 374,466
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
Irlam 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
Leasehold land and buildings over the lease term
Plant and machinery 25% reducing balance basis
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 10 8
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 February 2024 438,439 82,211 520,650
Additions 9,000 221,717 230,717
At 31 January 2025 447,439 303,928 751,367
Depreciation
At 1 February 2024 68,690 67,678 136,368
Charge for the year 8,949 47,250 56,199
At 31 January 2025 77,639 114,928 192,567
Net book value
At 31 January 2025 369,800 189,000 558,800
At 31 January 2024 369,749 14,533 384,282
4 Debtors 2025 2024
£ £
Trade debtors 7,235 6,949
Other debtors 244,718 214,613
251,953 221,562
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 101,460 119,542
Taxation and social security costs 2,100 57,284
Other creditors 16,309 7,829
119,869 184,655
£121,525 (2023: £148,773) of trade creditors owed to Shell UK Oil Products Ltd are secured against the company's assets.
6 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 438,033 438,892
7 Related party transactions
Included in other debtors are interest free loans totalling £193,602 (2024: £195,602) owed by related companies.

Other creditors falling due after one year include an amount owed by a relates company totalling £168,532 (2024:£164,597).

The directors and shareholders of Irlam Service Station Ltd are also directors and shareholders of the related companies.
8 Controlling party
The company is controlled by the directors, who with close family members hold 100% of the issued share capital.
9 Other information
Irlam 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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