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Company Registration No. 5497353 (England and Wales)
VICTORIA GARAGE (PENARTH) LIMITED Unaudited accounts for the year ended 31 July 2025
VICTORIA GARAGE (PENARTH) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VICTORIA GARAGE (PENARTH) LIMITED Company Information for the year ended 31 July 2025
Directors
Thomas Luck Simon Prosser
Company Number
5497353 (England and Wales)
Registered Office
1 Redlands Road Penarth Vale Of Glamorgan CF64 2WD
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
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VICTORIA GARAGE (PENARTH) LIMITED Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
16,023 
22,263 
Current assets
Inventories
3,000 
5,000 
Debtors
6
74,247 
70,414 
Cash at bank and in hand
5,580 
9,137 
82,827 
84,551 
Creditors: amounts falling due within one year
7
(94,227)
(88,520)
Net current liabilities
(11,400)
(3,969)
Total assets less current liabilities
4,623 
18,294 
Creditors: amounts falling due after more than one year
8
(2,143)
(15,086)
Net assets
2,480 
3,208 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
2,476 
3,204 
Shareholders' funds
2,480 
3,208 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Simon Prosser Director Company Registration No. 5497353
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VICTORIA GARAGE (PENARTH) LIMITED Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
VICTORIA GARAGE (PENARTH) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5497353. The registered office is 1 Redlands Road, Penarth, Vale Of Glamorgan, CF64 2WD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years
Motor vehicles
4 years
Fixtures & fittings
10 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2024
63,000 
At 31 July 2025
63,000 
Amortisation
At 1 August 2024
63,000 
At 31 July 2025
63,000 
Net book value
At 31 July 2025
- 
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VICTORIA GARAGE (PENARTH) LIMITED Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2024
103,591 
35,378 
3,908 
142,877 
Additions
1,150 
- 
- 
1,150 
At 31 July 2025
104,741 
35,378 
3,908 
144,027 
Depreciation
At 1 August 2024
95,731 
21,847 
3,036 
120,614 
Charge for the year
2,261 
4,800 
329 
7,390 
At 31 July 2025
97,992 
26,647 
3,365 
128,004 
Net book value
At 31 July 2025
6,749 
8,731 
543 
16,023 
At 31 July 2024
7,860 
13,531 
872 
22,263 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,455 
10,880 
Other debtors
70,792 
59,534 
74,247 
70,414 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
33,651 
12,622 
VAT
14,615 
12,888 
Obligations under finance leases and hire purchase contracts
3,033 
3,033 
Trade creditors
18,639 
21,656 
Taxes and social security
19,957 
23,302 
Other creditors
1,332 
12,019 
Accruals
3,000 
3,000 
94,227 
88,520 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
9,910 
Obligations under finance leases and hire purchase contracts
2,143 
5,176 
2,143 
15,086 
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VICTORIA GARAGE (PENARTH) LIMITED Notes to the Accounts for the year ended 31 July 2025
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Simon Prosser
Directors Loan
59,534 
11,258 
- 
70,792 
59,534 
11,258 
- 
70,792 
10
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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