REGISTERED NUMBER: 01199397 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

BORDESLEY GREEN GARAGE (BILSTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W A Bedwood

REGISTERED OFFICE:

15-16 Dudley Street

Wednesbury

West Midlands

WS10 7DX

REGISTERED NUMBER:

01199397 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

278,105

281,632

Investment property

5

163,566

163,566

441,671

445,198

CURRENT ASSETS

Stocks

148,615

159,141

Debtors

6

27,366

302,443

Cash at bank and in hand

8,847

25,359

184,828

486,943

CREDITORS

Amounts falling due within one year

7

89,701

64,247

NET CURRENT ASSETS

95,127

422,696

TOTAL ASSETS LESS CURRENT LIABILITIES

536,798

867,894

CREDITORS

Amounts falling due after more than one year

8

2,651

13,245

NET ASSETS

534,147

854,649

CAPITAL AND RESERVES

Called up and paid share capital

70

70

Revaluation reserve

202,500

202,500

Retained earnings

331,577

652,079

SHAREHOLDERS' FUNDS

534,147

854,649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 28 August 2025 and were signed by:

W A Bedwood - Director

1.	STATUTORY INFORMATION

Bordesley Green Garage (Bilston) 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 (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Freehold property is initially recorded at cost and subsequently at fair value, with fair value gains or losses being recognised in other comprehensive income. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 31 March 2024

and 30 March 2025

270,000

39,070

309,070

DEPRECIATION

At 31 March 2024

-

27,438

27,438

Charge for year

-

3,527

3,527

At 30 March 2025

-

30,965

30,965

NET BOOK VALUE

At 30 March 2025

270,000

8,105

278,105

At 30 March 2024

270,000

11,632

281,632

Cost or valuation at 30 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

270,000

-

270,000

Cost

-

39,070

39,070

270,000

39,070

309,070

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 March 2024

and 30 March 2025

163,566

NET BOOK VALUE

At 30 March 2025

163,566

At 30 March 2024

163,566

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,434

6,062

Amounts owed by group undertakings

15,257

293,016

Other debtors

4,675

3,365

27,366

302,443

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,333

10,000

Trade creditors

14,686

38,727

Taxation and social security

6,115

8,020

Other creditors

45,567

7,500

89,701

64,247

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,651

13,245

9.	RELATED PARTY DISCLOSURES

During the year the company operated loans with other companys of which the directors have an involvement. At the year end the balance due was £290,257. The loans are interest free and there are no fixed terms of repayment.