Central Garage Welburn Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 13310951

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		376,820		405,459

			376,820		405,459
CURRENT ASSETS
Stocks	5	2,880		2,880
Debtors	6	37,986		28,954
Cash at bank and in hand		54,893		46,513

		95,759		78,347
Creditors: Amounts Falling Due Within One Year	7	(26,675 )		(23,081 )

NET CURRENT ASSETS (LIABILITIES)			69,084		55,266

TOTAL ASSETS LESS CURRENT LIABILITIES			445,904		460,725

Creditors: Amounts Falling Due After More Than One Year	8		-		(26,390 )

NET ASSETS			445,904		434,335

CAPITAL AND RESERVES
Called up share capital	10		360,102		360,102
Profit and Loss Account			85,802		74,233

SHAREHOLDERS' FUNDS			445,904		434,335

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Central Garage Welburn Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C W Smith

Director

29th August 2025

The notes on pages 4 to 6 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 May 2023	360,102	43,947	404,049
Profit for the year and total comprehensive income	-	30,286	30,286

As at 30 April 2024 and 1 May 2024	360,102	74,233	434,335


Profit for the year and total comprehensive income	-	11,569	11,569

As at 30 April 2025	360,102	85,802	445,904

1. General Information

Central Garage Welburn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13310951 . The registered office is Moyola House, 31 Hawthorne Grove, York, YO31 7YA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & Machinery	25% Reducing balance method
Motor Vehicles	25% Reducing balance method

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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Central Garage Welburn Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 May 2024	356,000	7,070	57,890	420,960
Additions	-	838	-	838
Disposals	-	-	(30,390 )	(30,390 )

As at 30 April 2025	356,000	7,908	27,500	391,408

Depreciation
As at 1 May 2024	-	2,368	13,133	15,501
Provided during the period	-	1,193	5,491	6,684
Disposals	-	-	(7,597 )	(7,597 )

As at 30 April 2025	-	3,561	11,027	14,588

Net Book Value
As at 30 April 2025	356,000	4,347	16,473	376,820

As at 1 May 2024	356,000	4,702	44,757	405,459

5. Stocks

	2025	2024
	£	£
Stock	2,880	2,880

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,066	8,059
VAT	-	1,975

	9,066	10,034
Due after more than one year
Amounts owed by other participating interests	28,920	18,920

	37,986	28,954

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,845	10,547
VAT	8,978	-
Pension payable	300	335
PAYE payable	1,152	1,186
Accruals and deferred income	1,750	1,700
Director's loan account	6,650	9,313

	26,675	23,081

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Central Garage Welburn Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	26,390

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	-	26,390

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	360,102	360,102

11. Related Party Transactions

Installation Maintenance Engineering Ltd, a private limited company.

The company is related by common control.

At the balance sheet date, the amount due from Installation Maintenance Engineering Ltd was £28,920 (2024 - £18,920)

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