REGISTERED NUMBER: 11922746 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Alex Lewis (Llandewi Garage) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Lewis

Mrs F D A O'Brien

REGISTERED OFFICE:

Alex Lewis Llandewi

Gower

Swansea

SA3 1AU

REGISTERED NUMBER:

11922746 (England and Wales)

ACCOUNTANTS:

DGL Accountancy Services Limited

Chartered Certified Accountants

35 Hen Parc Avenue

Upper Killay

Swansea

SA2 7HA

FIXED ASSETS

Tangible assets

4

85,668

76,119

CURRENT ASSETS

Stocks

5,970

6,120

Debtors

5

6,521

40,859

Cash at bank and in hand

363,917

260,813

376,408

307,792

CREDITORS

Amounts falling due within one year

6

53,861

53,187

NET CURRENT ASSETS

322,547

254,605

TOTAL ASSETS LESS CURRENT LIABILITIES

408,215

330,724

CREDITORS

Amounts falling due after more than one year

7

-

(6,310

)

PROVISIONS FOR LIABILITIES

9

(20,100

)

(17,400

)

NET ASSETS

388,115

307,014

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

388,015

306,914

SHAREHOLDERS' FUNDS

388,115

307,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 7 November 2025 and were signed on its behalf by:

A R Lewis - Director

1.	STATUTORY INFORMATION

Alex Lewis (Llandewi Garage) Ltd 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 consists of the invoiced value (excluding VAT) for goods and services supplied to third parties.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value, and have been valued by the directors.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

62,586

35,993

98,579

Additions

28,580

-

28,580

At 31 March 2025

91,166

35,993

127,159

DEPRECIATION

At 1 April 2024

10,087

12,373

22,460

Charge for year

13,126

5,905

19,031

At 31 March 2025

23,213

18,278

41,491

NET BOOK VALUE

At 31 March 2025

67,953

17,715

85,668

At 31 March 2024

52,499

23,620

76,119

The net book value of tangible fixed assets held under hire purchase at 31 March 2025 was £23,812 (2024 : £31,750).The depreciation provided on these assets in the year was £7,938 (2024 : £nil).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,521

6,670

Directors' current accounts

-

34,189

6,521

40,859

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

6,310

12,500

Trade creditors

22,456

20,184

Corporation tax

2,346

(3,708

)

Social security and other taxes

1,797

1,809

VAT

17,340

19,594

Other creditors

3,114

2,558

Directors' current accounts

248

-

Accrued expenses

250

250

53,861

53,187

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

-

6,310

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

6,310

18,810

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

20,100

17,400

Deferred

tax

£

Balance at 1 April 2024

17,400

Charge to Income Statement during year

2,700

Balance at 31 March 2025

20,100

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

A R Lewis

Balance outstanding at start of year

34,189

95,038

Amounts repaid

(34,437

)

(60,849

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(248

)

34,189

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £16,000 (2024 - £15,000) were paid to the directors .

A R Lewis received rent in the sum of £12,000 in his capacity as landlord of the trading premises. There is a formal lease in existence.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A R Lewis.