Beenham Garage Limited


Director	Simon Holloway


Registered Address	Beenham Garage Back Lane
	Beenham
	Reading
	RG7 5NF


Registered Number	13921735 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		92,000		140,000
Tangible assets	4		44,652		44,333
			136,652		184,333
Current assets
Stocks	5	271,422		220,317
Debtors		8,049		13,645
Cash at bank and on hand		20,085		65,197
		299,556		299,159
Creditors amounts falling due within one year	6	(291,565)		(370,280)
Net current assets (liabilities)			7,991		(71,121)
Total assets less current liabilities			144,643		113,212
Creditors amounts falling due after one year	7		(10,000)		(40,000)
Provisions for liabilities	8		(11,163)		(11,083)
Net assets			123,480		62,129
Capital and reserves
Called up share capital			100		100
Profit and loss account			123,380		62,029
Shareholders' funds			123,480		62,129

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 September 2025, and are signed on its behalf by:

Simon Holloway
Director
Registered Company No. 13921735

Beenham Garage Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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 policy
	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.

	Revenue from sale of goods
	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 as the contractual activity progresses.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to the profit and loss account in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are stated at cost less amortisation. Amortisation is provided on all intangible assets on a straight-line basis over a five-year period.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4
	Vehicles	4
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	240,000	240,000
At 31 March 25	240,000	240,000
Amortisation and impairment
At 01 April 24	100,000	100,000
Charge for year	48,000	48,000
At 31 March 25	148,000	148,000
Net book value
At 31 March 25	92,000	92,000
At 31 March 24	140,000	140,000

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	4,136	51,760	6,080	61,976
Additions	1,965	16,500	1,822	20,287
Disposals	-	(3,375)	-	(3,375)
At 31 March 25	6,101	64,885	7,902	78,888
Depreciation and impairment
At 01 April 24	1,906	12,499	3,238	17,643
Charge for year	1,525	14,503	2,323	18,351
On disposals	-	(1,758)	-	(1,758)
At 31 March 25	3,431	25,244	5,561	34,236
Net book value
At 31 March 25	2,670	39,641	2,341	44,652
At 31 March 24	2,230	39,261	2,842	44,333

5.	Stocks

	2025	2024
	£	£
Finished goods	271,422	220,317
Total	271,422	220,317

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	21,152	21,255
Bank borrowings and overdrafts	30,000	30,000
Taxation and social security	70,112	61,675
Other creditors	166,736	253,276
Accrued liabilities and deferred income	3,565	4,074
Total	291,565	370,280

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,000	40,000
Total	10,000	40,000

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	11,163	11,083
Total	11,163	11,083