Registration number: 03200221

Days Garage Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 10

Days Garage Limited

Company Information

Directors

Mr I J Stamp Mr D Stamp Mr S F K Jedrzejewski

Registered office

Victoria House Stanbridge Park Staplefield Lane Staplefield West Sussex United Kingdom RH17 6AS

Accountants

Carter Nicholls Ltd Victoria House Stanbridge Park Staplefield Lane Staplefield West Sussex RH17 6AS

Days Garage Limited

(Registration number: 03200221)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	36,859	43,196
Current assets
Stocks	6	55,370	38,501
Debtors	7	354,164	303,662
Cash at bank and in hand		1,370,976	1,175,986
		1,780,510	1,518,149
Creditors: Amounts falling due within one year	8	(372,124)	(314,401)
Net current assets		1,408,386	1,203,748
Total assets less current liabilities		1,445,245	1,246,944
Provisions for liabilities		(7,306)	(8,574)
Net assets		1,437,939	1,238,370
Capital and reserves
Called up share capital	9	105	103
Retained earnings		1,437,834	1,238,267
Shareholders' funds		1,437,939	1,238,370

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

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 October 2025 and signed on its behalf by:
 

......................................... Mr I J Stamp Director

Days Garage Limited

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

1	General information

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

The address of its registered office is:
Victoria House Stanbridge Park
Staplefield Lane
Staplefield
West Sussex
RH17 6AS
United Kingdom

The principal place of business is:
17 Hurst Green Road
Oxted
Surrey
RH8 9BS

These financial statements were authorised for issue by the Board on 21 October 2025.

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.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Days Garage Limited

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

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:

Asset class	Depreciation method and rate
Leasehold improvements	15% reducing balance
Plant and machinery	15% reducing balance
Fixtures and fittings	15% reducing balance
Motor vehicles	15% reducing balance
Office equipment	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% straight line

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.

Days Garage Limited

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

Trade debtors

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

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Days Garage Limited

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2024 - 28).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 August 2024	55,000	55,000
At 31 July 2025	55,000	55,000
Amortisation
At 1 August 2024	55,000	55,000
At 31 July 2025	55,000	55,000
Carrying amount
At 31 July 2025	-	-

Days Garage Limited

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

6

Stocks

	2025 £	2024 £
Raw materials and consumables	6,000	6,000
Other inventories	49,370	32,501
	55,370	38,501

7

Debtors

Current	2025 £	2024 £
Trade debtors	100,296	94,941
Prepayments	29,733	26,096
Other debtors	224,135	182,625
	354,164	303,662

Details of non-current trade and other debtors

£167,000 (2024 -£132,000) of Directors loan is classified as non current.

Days Garage Limited

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

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	130,809	128,316
Taxation and social security	227,956	172,364
Accruals and deferred income	4,799	4,799
Other creditors	8,560	8,922
	372,124	314,401

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Class A of £1 each	100	100	100	100
Ordinary Class B of £1 each	3	3	3	3
Ordinary Class C of £1 (2024 - £0) each	1	1	-	-
Ordinary Class D of £1 (2024 - £0) each	1	1	-	-
	105	105	103	103

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £320.00 (2024 - £265.00) per each Ordinary Class A		32,000		26,500
Interim dividend of £49,905.00 (2024 - £22,316.00) per each Ordinary Class B		99,810		44,632
Interim dividend of £8,711.00 (2024 - £Nil) per each Ordinary Class C		8,711		-
Interim dividend of £8,980.00 (2024 - £Nil) per each Ordinary Class D		8,980		-
		149,501		71,132

Days Garage Limited

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

11	Related party transactions

Transactions with directors

2025	At 1 August 2024 £	Advances to director £	At 31 July 2025 £
Mr I J Stamp
Loan bearing interest at HMRC official rate	132,000	35,000	167,000

2024	At 1 August 2023 £	Repayments by director £	At 31 July 2024 £
Mr I J Stamp
Loan bearing interest at HMRC official rate	150,000	(18,000)	132,000

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	142,000	143,420
Contributions paid to money purchase schemes	2,641	2,642
	144,641	146,062

Dividends paid to directors

		2025 £		2024 £
Mr I J Stamp
Ordinary Shares A		32,000		26,500
Mr D Stamp
Ordinary Shares B		49,905		22,316
Mr S F K Jedrzejewski
Ordinary Shares B		49,905		22,316