REGISTERED NUMBER: 09903582 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sowerby Bridge Independent Auto

Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Partridge

J Loughran

SECRETARY:

REGISTERED OFFICE:

Horley Green House

Horley Green Road

Halifax

West Yorkshire

HX3 6AS

REGISTERED NUMBER:

09903582 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

51,538

73,500

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

5

6,081

18,013

Cash at bank and in hand

33,967

31,181

42,548

51,694

CREDITORS

Amounts falling due within one year

6

51,852

51,288

NET CURRENT (LIABILITIES)/ASSETS

(9,304

)

406

TOTAL ASSETS LESS CURRENT LIABILITIES

42,234

73,906

CREDITORS

Amounts falling due after more than one year

7

(15,715

)

(25,668

)

PROVISIONS FOR LIABILITIES

(7,705

)

(11,567

)

NET ASSETS

18,814

36,671

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,714

36,571

SHAREHOLDERS' FUNDS

18,814

36,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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 15 September 2025 and were signed on its behalf by:

D Partridge - Director

1.	STATUTORY INFORMATION

Sowerby Bridge Independent Auto Services 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.

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.

Turnover

Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

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.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

84,511

6,299

43,517

134,327

Additions

7,215

-

-

7,215

Disposals

-

-

(23,000

)

(23,000

)

At 31 December 2024

91,726

6,299

20,517

118,542

DEPRECIATION

At 1 January 2024

40,669

4,100

16,058

60,827

Charge for year

8,769

434

6,684

15,887

Eliminated on disposal

-

-

(9,710

)

(9,710

)

At 31 December 2024

49,438

4,534

13,032

67,004

NET BOOK VALUE

At 31 December 2024

42,288

1,765

7,485

51,538

At 31 December 2023

43,842

2,199

27,459

73,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

5,230

16,851

Prepayments

851

1,162

6,081

18,013

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

263

Hire purchase contracts

527

11,779

Trade creditors

12,041

12,779

Tax

19,379

8,199

VAT

17,678

15,932

Directors' loan accounts

427

536

Accrued expenses

1,800

1,800

51,852

51,288

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

15,715

25,668

8.	RELATED PARTY DISCLOSURES

The company is controlled by the company director.