Company No: 04707111 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	75,784		67,283
		75,784		67,283
Current assets
Stocks		5,000		20,000
Debtors	5	15,668		21,782
Cash at bank and in hand		592,023		506,355
		612,691		548,137
Creditors: amounts falling due within one year	6	( 175,322)		( 185,427)
Net current assets		437,369		362,710
Total assets less current liabilities		513,153		429,993
Provision for liabilities		( 18,676)		( 16,316)
Net assets		494,477		413,677
Capital and reserves
Called-up share capital	7	6		6
Profit and loss account		494,471		413,671
Total shareholders' funds		494,477		413,677

For the financial year ending 31 August 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Greatbridge Motor Services Limited (registered number: 04707111) were approved and authorised for issue by the Board of Directors on 20 November 2025. They were signed on its behalf by:

Mark Andrew Rider Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Greatbridge Motor Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 70 Greatbridge Road, Romsey, Hants, SO51 8FG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance
Tools and equipment	15 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		7

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 September 2024	40,000		40,000
At 31 August 2025	40,000		40,000
Accumulated amortisation
At 01 September 2024	40,000		40,000
At 31 August 2025	40,000		40,000
Net book value
At 31 August 2025	0		0
At 31 August 2024	0		0

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Tools and equipment		Total
	£		£		£		£		£
Cost
At 01 September 2024	123,077		43,689		3,781		17,657		188,204
Additions	0		21,548		2,605		2,071		26,224
Disposals	0		( 600)		0		0		( 600)
At 31 August 2025	123,077		64,637		6,386		19,728		213,828
Accumulated depreciation
At 01 September 2024	92,060		11,325		3,628		13,908		120,921
Charge for the financial year	4,654		11,940		348		745		17,687
Disposals	0		( 564)		0		0		( 564)
At 31 August 2025	96,714		22,701		3,976		14,653		138,044
Net book value
At 31 August 2025	26,363		41,936		2,410		5,075		75,784
At 31 August 2024	31,017		32,364		153		3,749		67,283

5. Debtors

	2025		2024
	£		£
Trade debtors	9,687		15,679
Prepayments	5,981		6,103
	15,668		21,782

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	28,078		34,095
Amounts owed to directors	39,796		44,805
Taxation and social security	87,860		90,720
Other creditors	19,588		15,807
	175,322		185,427

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 A ordinary shares of £ 0.01 each	2		2
200 B ordinary shares of £ 0.01 each	2		2
2 C ordinary shares of £ 1.00 each	2		2
	6		6