Registration number: 07522513

Allen's Of Tadley Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Allen's Of Tadley Limited

(Registration number: 07522513)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	67,673	66,811
Other financial assets	6	17,000	17,000
		84,673	83,811
Current assets
Stocks	7	53,529	42,999
Debtors	8	226,344	214,106
Cash at bank and in hand		298,704	201,625
		578,577	458,730
Creditors: Amounts falling due within one year	9	(173,358)	(174,722)
Net current assets		405,219	284,008
Total assets less current liabilities		489,892	367,819
Creditors: Amounts falling due after more than one year	9	(91,667)	(101,667)
Provisions for liabilities		(8,352)	(5,015)
Net assets		389,873	261,137
Capital and reserves
Called up share capital		100	100
Retained earnings		389,773	261,037
Shareholders' funds		389,873	261,137

Allen's Of Tadley Limited

(Registration number: 07522513)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 September 2025
 

......................................... Mr D G Fulton Director

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for motor vehicle sales, servicing and MOT and tyre sales, Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Fixtures and fittings	25% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3

Taxation

	2025		2024
	£		£
Corporation tax	55,215		37,420
Deferred tax	3,337		(3,759)
	58,552		33,661

4	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2024 - 8).

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	6,263	44,488	59,239	109,990
Additions	-	-	44,000	44,000
Disposals	-	(3,875)	(38,474)	(42,349)
At 31 March 2025	6,263	40,613	64,765	111,641
Depreciation
At 1 April 2024	3,315	22,125	17,739	43,179
Charge for the year	737	5,323	11,911	17,971
Eliminated on disposal	-	(2,802)	(14,380)	(17,182)
At 31 March 2025	4,052	24,646	15,270	43,968
Carrying amount
At 31 March 2025	2,211	15,967	49,495	67,673
At 31 March 2024	2,948	22,363	41,500	66,811

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
Additions	17,000	17,000
At 31 March 2025	17,000	17,000
Impairment
Carrying amount
At 31 March 2025	17,000	17,000

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Stocks

	2025 £	2024 £
Other inventories	53,529	42,999

8

Debtors

Current	Note	2025 £	2024 £
Trade debtors		24,794	12,556
Amounts owed by related parties	12	179,050	179,050
Other debtors		22,500	22,500
		226,344	214,106

Allen's Of Tadley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	10,000	10,000
Trade creditors		53,487	48,450
Taxation and social security		87,633	68,939
Other creditors		22,238	47,333
		173,358	174,722